Shanghai Pudong Development Bank Co Ltd 2023 AR2
The report highlights Shanghai Pudong Development Bank's performance and strategic progress in 2023, marking its 30th anniversary. The company expanded its green credit balance to RMB 524.6 billion, representing a 22.82% year-on-year increase, and grew its loans to tech companies past RMB 500 billion. Additionally, the bank implemented its digitalization and intelligentization strategy, launching various digital platforms and upgrading its mobile banking services. Despite facing operating pressures from declining interest rates, the bank maintained stable asset quality with a declining non-performing loan ratio for the fourth consecutive year.
Company: Shanghai Pudong Development Bank Co Ltd
Sector: Financials
Country: China
Year: 2023
Type: AR2
Pages: 515
Shanghai Pudong Development Bank Co Ltd
Annual Report
The report highlights Shanghai Pudong Development Bank's performance and strategic progress in 2023, marking its 30th anniversary. The company expanded its green credit balance to RMB 524.6 billion, representing a 22.82% year-on-year increase, and grew its loans to tech companies past RMB 500 billion. Additionally, the bank implemented its digitalization and intelligentization strategy, launching various digital platforms and upgrading its mobile banking services. Despite facing operating pressures from declining interest rates, the bank maintained stable asset quality with a declining non-performing loan ratio for the fourth consecutive year.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Apr 26, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees