As a joint-stock commercial bank set up on Dec. 29, 1995, the Bank of Shanghai (hereinafter “the Bank”) features a two-level operating structure within one legal entity, with the paid-up capital booked at RMB 2.6 billion, comprising government-owned shares and shares held by corporations and by numerous individuals.

By taking advantage of its unique features as a local joint-stock commercial bank, the Bank has reaped great economic and social benefits from its prudent management and operational excellence.

In the Banker’s top 1000 ranking in July 2004, the Bank was No. 344 among the 500 largest banks around the globe.

In Sep. 1999 and Dec. 2001, the Bank received equity investments from International Finance Corporation (a member of the World Bank Group), Hong Kong and Shanghai Banking Corporation, and Hong Kong-based Shanghai Commercial Bank, representing a significant step closer towards a modern commercial bank aligned with international standards.