Shanghai Pudong Development Bank Co Ltd 2024 AR2
The report highlights Shanghai Pudong Development Bank's (SPD Bank) performance and strategic progress in 2024, marking the inaugural year of its digitalization & intelligentization strategy. The Group's total assets reached RMB 9.46 trillion, with net profit attributable to the parent company increasing by 23.31% year-on-year to RMB 45.257 billion. SPD Bank made significant strides across its five priority tracks, notably serving over 71,000 tech companies with technology finance loans reaching RMB 602.4 billion. In green finance, the Bank's green credit balance grew to RMB 625.6 billion, and it maintained an 'A' rating in MSCI's ESG ratings. Additionally, the Bank successfully launched its distributed core system for credit cards and upgraded its digital inclusive finance offerings.
Company: Shanghai Pudong Development Bank Co Ltd
Sector: Financials
Country: China
Year: 2024
Type: AR2
Pages: 556
Shanghai Pudong Development Bank Co Ltd
Annual Report
The report highlights Shanghai Pudong Development Bank's (SPD Bank) performance and strategic progress in 2024, marking the inaugural year of its digitalization & intelligentization strategy. The Group's total assets reached RMB 9.46 trillion, with net profit attributable to the parent company increasing by 23.31% year-on-year to RMB 45.257 billion. SPD Bank made significant strides across its five priority tracks, notably serving over 71,000 tech companies with technology finance loans reaching RMB 602.4 billion. In green finance, the Bank's green credit balance grew to RMB 625.6 billion, and it maintained an 'A' rating in MSCI's ESG ratings. Additionally, the Bank successfully launched its distributed core system for credit cards and upgraded its digital inclusive finance offerings.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
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
Women on Board
Employees