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Has Shanghai Pudong Development Bank been formally established?
Shanghai Pudong Development Bank has a formal establishment, and the staff of Shanghai Pudong Development Bank are generally recruited through campus. These employees signed a formal labor contract with the bank, belonging to the staff, enjoying the welfare benefits of the staff, including wages, welfare subsidies, performance bonuses, promotion opportunities and so on. Shanghai Pudong Development Bank is a joint-stock commercial bank. It was established with the approval of the People's Bank of China on August 28th, and officially opened on 1993 and1October 9th. Headquartered in Shanghai, with a registered capital of about 29.35 billion yuan, it is jointly owned by Shanghai International Group Co., Ltd., China Mobile Communications Group Guangdong Co., Ltd. and Shanghai Shangguotou Asset Management Co., Ltd.
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