Creation of SPDB International
On March 5, 2014 Shanghai Pudong Development Bank Co Ltd (“SPD Bank”) signed an equity interest transfer agreement with AsiaVest Partners Limited to acquire its 100% stake. The acquisition was subsequently approved by China Banking Regulatory Commission and the Securities and Futures Commission of Hong Kong in June and November 2014 respectively. In November 2014, SPD Bank completed the takeover and the company was re-named as “SPDB International Holdings Limited”, or SPDB International.
SPDB International is the offshore investment bank wholly owned by SPD Bank, playing an important role in SPD Bank’s implementation of internationalization and integrated strategies.
Business Scope and Positioning
SPDB International holds Type 4 (Advising on securities), Type 6 (Advising on Corporate Finance), and Type 9 (Asset Management) SFC licenses.
As an important part of SPD Bank’s integrated investment banking platform, SPDB International is committed to providing cross-border investment solutions drawing on its PRC mainland marketing and sales channels, SPDB International will offer integrated and diversified financial services in the coming future including listing sponsorship, mergers and acquisitions, underwriting bond issuance, financial advisory, investment management, corporate finance, asset management, securities advisory and so on, in order to develop synergy and mutual support complementarities between investment banking and commercial banking businesses.
Anchored in Hong Kong and supported by the vibrant PRC economy, SPDB International embraces global opportunities. Drawing on SPD Bank's financial resources, solid client base, comprehensive product portfolio and market reputation, we strive to become a leader in offering integrated multi-tiered financial services as we continue to build close collaboration with branches through strong professional team, rigorous governance structure and efficient management mechanisms.
From Hong Kong, a global financial center with an open regulatory environment and unique leadership as the offshore RMB center, SPDB International is poised to fully play out the synergy between mainland and overseas markets, to create ever greater success with our clients and partners through unrelenting efforts in the global financial market.