October 25, 2014 11:23 AM ET

Banks

Company Overview of Bank of Shanghai Co., Ltd.

Company Overview

Bank of Shanghai Company Limited provides baking products and services to individuals, corporations, government agencies, and financial institutions. It operates through Corporate Banking, Retail Banking, and Treasury Business segments. The company accepts current, time demand, fixed, education, individual call, Interest-on-interest, and foreign exchange deposits; and offers individual housing loans, license plate, and loans for individual study. It also offers various bonds; open-ended funds; insurance services, such as unit-linked insurance, annuities insurance, health insurance, and life insurance services; and debit and credit cards. In addition, the company provides fixed asset loans, l...

No. 168, Yicheng Road Central

Pudong New District

Shanghai,  

China

Founded in 1995

9,718 Employees

Phone:

86 21 6847 5888

Fax:

86 21 6847 6215

Key Executives for Bank of Shanghai Co., Ltd.

Vice Chairman
Age: 49
Chairman and Chairman of Strategy Committee
Age: 50
Chief Financial Officer
Age: 46
Head of the Planning & Finance Department
Chief Risk Officer
Age: 43
Compensation as of Fiscal Year 2014.

Bank of Shanghai Co., Ltd. Key Developments

China Construction Second Engineering Bureau Ltd Signs Trilateral Strategic Cooperation Agreement with Bank of Shanghai Co., Ltd., and Cloud Chain E-Commerce Co., Ltd

China Construction Second Engineering Bureau Ltd. announced that it has signed the Trilateral Strategic Cooperation Agreement with Bank of Shanghai Co., Ltd., and Cloud Chain E-commerce Co., Ltd. Based on the agreement, the three parties will focus on financial cooperation of supply chains in the near future. Bank of Shanghai will concentrate its resources to provide CSCEC 2nd Bureau and Cloud Chain E-commerce with excellent financial services including credit line of CNY 5 billion. CSCEC 2nd Bureau will undertake traditional and innovative services in Shanghai Free Trade Zone by giving full play to the advantages of the other two enterprises in finance and trade settlement.

Bank of Shanghai Plans To Delay IPO

Bank of Shanghai Co., Ltd. is planning to delay its initial public offering (IPO) on both the Chinese mainland and Hong Kong. Bank of Shanghai’s shareholders meeting is scheduled to be held on April 8, 2013, and on the meeting, 20 proposals including delaying the valid period of a plan to debut on both the Chinese mainland stock market and the Hong Kong stock market by one year will be discussed. Bank of Shanghai reportedly saw both the non-performing loan outstanding and the non-performing loan ratio fall in the 2012 and so it has become a focal point as to why it has a plan to delay valid period of the IPO plans.

Bank of Shanghai Reportedly Mulls To Re-Launch IPO

Bank of Shanghai Co., Ltd. is reportedly planning to re-launch its initial public offering (IPO) public in Hong Kong. The offering could go ahead as soon as the second quarter, say people familiar with the plans. Bank of Chongqing Co., Ltd. is also reportedly planning to launch an IPO or a $500 million share sale since mainland regulators have suspended evaluations of proposed domestic public offerings. "After clearing the listing application process with the local bourse, Bank of Shanghai, the biggest municipal-level lender by market capitalization with a focus on the prosperous Yangtze River Delta region, may tap the Hong Kong market in late May with a $1 billion share sale," said a banker with direct knowledge of the deal who requested anonymity.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 31, 2014
--
Merger/Acquisition
December 10, 2013
--
Private Placement
November 11, 2013
--
 

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