SPD Bank achieves steady growth in Q1 2025

Shanghai Pudong Development Bank (SSE:600000) announced its Q1 2025 results, demonstrating steady growth and a focus on strategic priorities. The bank's loan balance reached CNY 53,230.05 billion, an increase of CNY 2,545.84 billion or 5.02% compared to the end of the previous year, marking the highest single-quarter increase in recent years. Deposits grew to CNY 54,703.38 billion, an increase of CNY 3,243.79 billion or 6.30% over the same period. SPD Bank's strategic focus on digitalization and supporting the real economy played a key role in this performance. The bank remains committed to enhancing shareholder returns, attracting long-term capital, and improving the overall quality of its investment value. The Q1 2025 financial data is preliminary and subject to change in the final report.