China Development Bank (CDB) is a public sector financial institution and one of China's largest banks by assets. It is the biggest provider of financing of any Chinese bank and plays a major role in the country's social and economic development. In recent years it has expanded its operations internationally, focusing mainly on Latin America. The bank has already supported several large scale infrastructure and social development initiatives in the region, including projects in Argentina, Brazil and Venezuela. CDB was founded 1994 and is headquartered in Beijing, China.