Shanghai Pudong Development
About
Shanghai Pudong Development Bank Co., Ltd. (SPD Bank) is a leading nationwide joint-stock commercial bank that was established by the People's Bank of China on August 28, 1992, and began its operations on January 9, 1993. The bank is based in Shanghai and has been listed on the Shanghai Stock Exchange since 1999 under the stock code 600000.
With a registered capital of RMB 29.352 billion, SPD Bank has built a strong reputation for its exceptional performance and integrity in the Chinese securities market. Committed to its core values of integrity and excellence, SPD Bank has continuously expanded its capital base and enhanced its business operations through financial innovation. By the end of June 2024, the bank's total assets had reached RMB 9.25 trillion.
SPD Bank operates through 42 tier-one branches with over 1,700 outlets, including domestic branches covering all provincial regions in mainland China, as well as overseas branches in Hong Kong SAR, Singapore, and London. The bank employs over 60,000 staff members and has developed an integrated operation and service model that aligns with its positioning as a national and international commercial bank.
In addition to its core banking services, SPD Bank has diversified its business lines to include trust, wealth management, asset management, financial leasing, overseas investment banking, rural banks, and money brokerage. The establishment of SPDB Foundation in 2022 underscores the bank's commitment to corporate social responsibility. Furthermore, SPD Bank has been recognized for its strong brand value, ranking 31st on Brand Finance's list of Top 500 Banking Brands in March 2024.
Internationally, the bank has been ranked 159th on the Forbes' Global 2000 list and 19th in terms of tier 1 capital on The Banker's Top 1000 World Banks. Additionally, SPD Bank is one of the few domestic joint-stock commercial banks to receive investment-grade ratings from renowned credit rating agencies such as Fitch Ratings, Standard & Poor's Ratings Services, and Moody's Investors Service.
In line with its commitment to social responsibility, SPD Bank has been recognized with awards such as the Corporate Donor Award and the Annual Public Welfare Enterprise Award. Notably, MSCI upgraded the bank's ESG rating to A, reflecting its strong environmental, social, and governance practices. Looking ahead, SPD Bank remains dedicated to implementing the directives of regulatory authorities and contributing to the high-quality financial development in the new era.
The bank strives to enhance its business capabilities and quality to better serve the national strategy, support the real economy, and meet the evolving needs of its customers for a better quality of life.
Growth
Shanghai Pudong Development Bank is an established enterprise in the banking sector. With a strong presence in personal banking, corporate banking, and treasury markets, the bank has reached a mature stage in its growth. It continues to expand its services and overseas branches, focusing on enhancing customer experience and financial solutions. The bank's solid reputation and steady growth indicate a well-established position in the industry.
Achievements
Shanghai Pudong Development Bank has achieved significant milestones in its history, including consistent revenue growth, market penetration across various regions, and a substantial expansion of its customer base. The bank's innovative products such as easy remittance, online payment, and premium deposit have attracted a large number of clients, contributing to its success in the banking sector. With a focus on corporate investment banking and trade finance, the bank has secured a strong foothold in the financial services market.
Case Studies
Shanghai Pudong Development Bank has been involved in several notable case studies and significant projects that have had a positive impact on its clients and the financial industry. These projects showcase the bank's expertise in areas such as assets custody, occupational pension management, and structured deposit solutions. Through successful implementation of these initiatives, the bank has demonstrated its ability to deliver customized financial solutions and drive value for its customers.
Key Events
Over the years, Shanghai Pudong Development Bank has participated in key events such as product launches, partnerships with global financial institutions, acquisitions of strategic assets, successful funding rounds, and prestigious awards in the banking sector. These events have contributed to the bank's reputation for innovation, reliability, and customer-focused services. The bank's continuous efforts in launching new products, expanding its network of partners, and achieving industry recognition have solidified its position as a respected player in the banking industry.
Socials
Website
Founded
-
Operating Status
Active
Industry
Financial Services
headquarters
Address
12 Zhongshan East Road Shanghai Shanghai 200002 China...
Country
China
Employees
63582
Key People
Products
GroupWin
MultiAccount
ExpressRemittance
EasyPay
YieldPlus
EBanking
InstantNotice
Revenue
358.43 B
Operating Income
Stock Price
¥10.05
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Shanghai Pudong Development
-
Website
-
Founded
-
-
Industry
Financial Services
-
Address
12 Zhongshan East Road Shanghai Shanghai 200002 China...
-
Country
China
-
Number of employees
63582+
-
Revenue
358.43 B
About Shanghai Pudong Development
Shanghai Pudong Development Bank Co., Ltd. (SPD Bank) is a leading nationwide joint-stock commercial bank that was established by the People's Bank of China on August 28, 1992, and began its operations on January 9, 1993. The bank is based in Shanghai and has been listed on the Shanghai Stock Exchange since 1999 under the stock code 600000.
With a registered capital of RMB 29.352 billion, SPD Bank has built a strong reputation for its exceptional performance and integrity in the Chinese securities market. Committed to its core values of integrity and excellence, SPD Bank has continuously expanded its capital base and enhanced its business operations through financial innovation. By the end of June 2024, the bank's total assets had reached RMB 9.25 trillion.
SPD Bank operates through 42 tier-one branches with over 1,700 outlets, including domestic branches covering all provincial regions in mainland China, as well as overseas branches in Hong Kong SAR, Singapore, and London. The bank employs over 60,000 staff members and has developed an integrated operation and service model that aligns with its positioning as a national and international commercial bank.
In addition to its core banking services, SPD Bank has diversified its business lines to include trust, wealth management, asset management, financial leasing, overseas investment banking, rural banks, and money brokerage. The establishment of SPDB Foundation in 2022 underscores the bank's commitment to corporate social responsibility. Furthermore, SPD Bank has been recognized for its strong brand value, ranking 31st on Brand Finance's list of Top 500 Banking Brands in March 2024.
Internationally, the bank has been ranked 159th on the Forbes' Global 2000 list and 19th in terms of tier 1 capital on The Banker's Top 1000 World Banks. Additionally, SPD Bank is one of the few domestic joint-stock commercial banks to receive investment-grade ratings from renowned credit rating agencies such as Fitch Ratings, Standard & Poor's Ratings Services, and Moody's Investors Service.
In line with its commitment to social responsibility, SPD Bank has been recognized with awards such as the Corporate Donor Award and the Annual Public Welfare Enterprise Award. Notably, MSCI upgraded the bank's ESG rating to A, reflecting its strong environmental, social, and governance practices. Looking ahead, SPD Bank remains dedicated to implementing the directives of regulatory authorities and contributing to the high-quality financial development in the new era.
The bank strives to enhance its business capabilities and quality to better serve the national strategy, support the real economy, and meet the evolving needs of its customers for a better quality of life.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
