Shanghai Pudong Development Bank Co Ltd - Company Profile
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Shanghai Pudong Development Bank Co Ltd (SPD Bank) is a joint-stock commercial bank. The bank's main activities include providing a range of financial services such as commercial banking, financial leasing, trust services, and wealth management. Its major products and services encompass savings accounts, remittance services, mortgage loans, and wealth management solutions. The bank serves individual customers and businesses, including small and medium enterprises, multinational companies, and non-bank financial institutions. SPD Bank operates through various channels, including its branches and subsidiaries, to deliver its services. The bank has a presence in several geographic locations, including branches in London, Hong Kong, and Singapore, targeting both domestic and international markets. SPD Bank is headquartered in Shanghai, China.
Shanghai Pudong Development Bank Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts: | Cash Management Solutions | SPD Bank |
| Saving | Investment Banking | |
| Current | Capital Market Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In April, the bank signed a comprehensive strategic cooperation agreement with China UnionPay to expand payments, digital transformation, and risk control. |
| 2025 | New Products/Services | In August, the bank introduced a wealth management platform in Hong Kong. |
| 2025 | Contracts/Agreements | In August, the bank established Puyin Financial Technology Co., Ltd in Shanghai, China. |
Competitor Comparison
| Key Parameters | Shanghai Pudong Development Bank Co Ltd | Agricultural Bank of China Ltd | Bank of Communications Co Ltd | Industrial Bank Co Ltd | China CITIC Bank Corp Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Shanghai | Beijing | Shanghai | Fuzhou | Beijing |
| State/Province | Shanghai | Beijing | Shanghai | Fujian | Beijing |
| No. of Employees | 59,544 | 446,913 | 96,876 | 68,716 | 67,139 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Zhang Weizhong | Chairman | Executive Board | 2023 | 59 |
| Xie Wei | President; Vice Chairman | Executive Board | 2024 | 55 |
| Liu Yiyan | Chief Risk Officer; Director; Vice President | Executive Board | 2020 | 62 |
| Cui Bingwen | Chief Legal Advisor; Vice President | Senior Management | 2019 | 57 |
| Ding Wei | Vice President | Senior Management | 2024 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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