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 ofDecember2014, its total assets stood at RMB 4.1959trillion yuan, outstanding loans being RMB 2.0284trillion yuan and outstandingdeposits being RMB 2.7240trillion yuan, and its net profit attributable to shareholders had reachedRMB 47.026billion yuan. A nationwide commercial bank has taken shape with 40 branches andover1200outlets across the country (except in Tibet), The number of employees of the Bank has exceeded42,000. 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 substantialprogress in internationalization, and the establishments of SPD Rural Banks, SPDB Financial Leasing Co., Ltd. and SPD Silicon Valley Bank, SPDB International Holdings Ltd. are the milestones on the Bank’s way to become a group with comprehensive businesses.
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 consecutive years. In February 2014, The British magazine The Banker released the ranking report of“Top 500 Banking Brands 2014”. SPD Bank was No.75 on the list with brand value of 2,664 million US dollars, ranking top 10 among Chinese banks.In May 2014, SPD Bank ranked No.130on Forbes Global 2000 Leading Companies, being No.16among the Chinese companies and No.9 among the Chinese banks on the list.In June2014, SPD Bank was ranked in terms of Tier 1 capital No.53 among Top 1000 World Banks and No.8 among Chinese banks by the British magazineThe Banker.Also in June 2014, Standard & Poor's Ratings Services assigned its 'BBB+' long-term and 'A-2' short-term credit ratings, as well as its 'cnA+' long-term and 'cnA-1' short-term Greater China regional scale ratings on SPD Bank. In July 2014, SPD Bank, for the first time, became a member of the Fortune 500, ranking 383thon the list, 81th among Chinese companies and 9th among Chinese banks, demonstrating a sound competitiveness. In November 2014, SPD Bank was ranked No.15 on the list of “Best China Brands 2014” released by Interbrand, with brand value worth RMB 16,986 million yuan, being the 2nd among domestic joint-stock commercial banks.According to Moody’s CreditRatings for SPD Bank issued in December 2014, Moody's Investors Service upgraded SPDBank’s long-term deposit ratings to Baa1 from Baa3, and its short-term deposit ratings to Prime-2 from Prime-3.At the same time, Moody'sraised SPDB's standalone bank financial strength rating (BFSR) / baseline credit assessment (BCA) to D+ / ba1 from D / ba2.The outlook on all the ratings was stable.The upgrade of SPDB's ratings reflected the Bank's consistent execution of its business strategy and solid financial performance over the past few years.
A dedicated financial service provider, SPD Bank is also committed and active corporate citizen. In July 2012, on the list of the top 10 mainland listed companies according to Hang Seng (China A) Corporate Sustainability Index released by Reputex, the bank was ranked No. 3 and its sustainability rating was A. In June 2014, SPD Bank was awarded“Best Green Finance of the Year” by China Banking Association. In December 2014, SPD Bank won the honor for “Best Shareholder Return Performance” in 2014 China’s Best Corporate Citizen Ranking,and meanwhile the Bank also received the prize of “Best CSR Report” in 2014 China’s Bank Corporate Transparency Rating.In December 2014, according to the latestCSR Reports Ranking of A-share Companies released by Rankins CSRRatings, SPD Bank was rated AA with a PositveOutlook.
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.