Shanghai Pudong Development Bank London Branch

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According to its official website, Shanghai Pudong Development Bank London Branch is the London branch of Shanghai-based Shanghai Pudong Development Bank (SPDB), which opened in January 1993; the branch received UK banking licence approval on 18 December 2017 and became SPDB's first branch in Europe and outside Asia (the bank has three overseas branches, in Hong Kong, Singapore and London). From 1 Angel Court in London, the branch offers its wholesale clients syndicated and bilateral loans, deposits, treasury and foreign exchange, and financial institution services; it focuses on corporate, financial markets and financial institutions business to serve the European needs of the group's core clients. The site says the parent bank is authorised and regulated in China by the National Administration of Financial Regulation (NFRA) and that the London branch is authorised by the PRA, subject to regulation by the FCA and limited regulation by the PRA; the Bank of England list and the FCA register also show the branch as authorised to accept deposits. The branch's internet banking is for enquiries only. This information is the company's own statement.

Datos de la cuenta

Licencias y regulación

FCA (Reino Unido)

Fuentes e historial de verificación