Shanghai Pudong Development Bank

Shanghai Pudong Development Bank Co. Ltd

The SPDB now occupies the HSBC Building, Shanghai on The Bund of Shanghai
Native name	上海浦东发展银行
Company type	Public company; State-owned enterprise
Traded as	SSE: 600000
Industry	Banking, finance
Founded	9 January 1993; 31 years ago (1993-01-09)
Headquarters	Shanghai, China
Key people	Gao Guofu (Chairman) Zhu Yuchen (President)
Products	Financial services
Website	www.spdb.com.cn

Shanghai Pudong Development Bank, branded as Pufa Bank in Chinese and SPD Bank in English, is a city-owned joint-stock commercial bank. It was established in 1993 and owned by the Shanghai Municipal Government.

Shanghai Pudong Development Bank issued a 400 million A-share offer on 23 September 1993, on the Shanghai Stock Exchange. It became the first shareholding commercial bank to list with both Central Bank and China Securities Regulatory Commission’s approval since the enactment of "Commercial Bank Law" and "Securities Law". The registered capital reached RMB 2.41 billion. 320 million shares of the issue were listed on the Shanghai Stock Exchange on 10 November 1999 (stock code 600000).^[1]