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 trustworthiness.
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 2012, its total assets stood at RMB 3.1457 trillion yuan, outstanding balance of loans being RMB 1.5446 trillion yuan and outstanding balance of deposits being RMB 2.1344 trillion yuan, making an after-tax profit of RMB 34.186 billion yuan. A national network was in place with 37 main branches and 824 banking outlets.
Since its public listing at the stock market, SPD Bank has been rated among Top 100 Listed Companies in China by Asia Weekly for a number of times. In March 2010, SPD Bank was cited by Asian Banker magazine as the Strongest Listed Bank in Asia from 2005-2009 and was cited by the same magazine as the Year’s Strongest Bank in China 2010. In 2011, the bank was cited by Fortune magazine as the No. 72nd of the Top 500 Chinese Listed Companies. In Feb 2012, SPD Bank was cited by Banker magazine as No. 62 among the World’s Top 500 Banking Brands with a total brand value of USD 2.45 billion, which makes the SPD Bank brand the 7th strongest in the Chinese banking market and the 12th strongest in the Asian banking industry. In April 2012, SPD Bank was cited as No. 153 of the Top 2000 World Companies by Forbes magazine. In July 2012, SPD Bank was ranked No.57 in terms of Tier 1 capital and No.56 in terms of total assets by the British Banker magazine among the top 1000 World banks. In August 2012, Moody’s released its credit-standing ranking report of SPD Bank. According to the report, the long-term deposits credit ranking of SPD Bank is Baa3, the same as the year before and the foreign-currency deposit credit ranking Prime-3，the same as the year before. And the outlook of all ranking is stable. The result of the credit-ranking report depicts Moody’s recognition of SPD Bank’s future growth and anti-risk strength.
A dedicated financial service provider, SPD Bank is also a committed and active corporate citizen. In June 2008, the bank was shortlisted by Reputex among the Ten Most Sustainable Chinese Enterprises and the only nominee from the financial sector. In October 2008, the bank was awarded by the American Chamber of Commerce in Shanghai A Special Recognition for Exceptional and Longstanding CSR Achievements from 2006-2008 after winning two consecutive awards in 2006 and 2007 for Best CSR Practice. In December 2009, the bank won the award for best CSR report for the financial industry and won the title as Best Corporate Citizen in China. In June 2010, the SPD bank was ranked as one of the Top 10 Listed Companies in China with Best CSR Practice by the Da Zhong Securities Times. The bank was also rated the 2nd place among all listed A-share banks for its CSR report in July for 2 consecutive years and selected as one of the component of the sustainability index for Hong Kong HANG SENG INDEX. In August 2010, SPD Bank’s CSR Report was awarded as a Model Report by the UN Global Compact Initiatives in China. The bank was also awarded as Top 10 Most Responsible Boards of Directors of Chinese Listed Companies 2010, Best Practice Award for CSR etc. In 2011, the bank as rated as Grade A by Repux for its sustainability. In June 2012, SPD Bank was cited by China Banking Association as one of the Most Responsible Financial Institutions 2012 and Best CSR Practice Award. SPD Bank was also cited as a Golden Bee company for its CSR practice by WTO Herald magazine.
SPD Bank is committed to continuous innovation and improvement in financial service. Setting out on a new journey, the bank will hold on to the faith of “new thinking and hearty Service” and maneuver through the rising and falling financial tides, growing itself into a modernized financial service provider with distinct core competence.