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Case Visit @ Shanghai Pudong Development Bank
Oct-14-2014

Time: Nov. 5th 2014, 2pm – 6pm
Place: Shanghai Pudong Development Bank

 


SPD Bank
A nationwide joint-stock commercial bank founded on August 28, 1992, Shanghai Pudong Development Bank (known as SPD Bank for short) went listed in Shanghai Stock Exchange in 1999 (stock code: 600000). At present, SPD Bank’s registered capital stands at RMB 18.653 billion yuan. SPD Bank has earned respect and good fame in the domestic stock market on account of its outstanding performance and trust worthiness.


Holding on to the motto of “sticking to integrity and striving for excellence”, the bank has continuously developed its various businesses and enhanced its overall competence. By the end of June. 2014, its total assets stood at RMB 3.9302 trillion yuan, outstanding balance of loans being RMB 1.8983 trillion yuan and outstanding balance of deposits being RMB 2.7568 trillion yuan, and it had earned a net profit of 22.7 billion yuan for its shareholders. A nationwide commercial bank has taken shape with 40 branches and 991 outlets across the country except in Tibet. The number of employees of the bank has exceeded 39,000. In recent years, the bank has speeded up its development into a more internationalized and comprehensive group. The opening of Hong Kong Branch and London Representative Office marked concrete steps forward in internationalization, and the establishments of SPD Rural Banks, SPDB Financial Leasing Co., Ltd. and SPD Silicon Valley Bank are the milestones on the bank’s way to become a group with comprehensive businesses.