Shanghai Pudong Development Bank Co., Ltd.
Recent events
Recent events tied to this brand in public sources.
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2020
WeChat launches face-recognition bank-card binding
WeChat announced a service that lets users bind a bank card using facial recognition instead of entering the card number and withdrawal password. At the time of the report, it was available only for Industrial and Commercial Bank of China, Ping An Bank and Shanghai Pudong Development Bank.
2020
Huaxing Capital and Shanghai Pudong Development Bank sign strategic cooperation agreement
Huaxing Capital Group and Shanghai Pudong Development Bank signed a strategic cooperation agreement to expand cooperation across multiple financial business areas.
2019
Tesla reportedly borrows $1.4 billion from Chinese banks
Tesla is reportedly borrowing 10 billion yuan ($1.4 billion) from a group of Chinese banks, with part of the loan intended to fund construction of its Shanghai vehicle plant and its Chinese operations.
2019
Tesla signs Shanghai factory loan agreements
Tesla signed agreements for up to 9 billion yuan in secured term loans and 2.25 billion yuan in unsecured revolving loans, with the proceeds to be used for development of its Shanghai factory.