SPD Silicon Valley Bank (SSVB)

Company

Investment-firm

General

About Company
SSVB is a joint-venture bank between Silicon Valley Bank and Shanghai Pudong Development Bank that serves China's tech industry.

Industry

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Also Known As

浦发硅谷银行, 浦发硅谷银行有限公司, Pufa Guigu Yinhang

founded date

01.01.2012

Company Type

For Profit

IPO status

Private

Description

SSVB, established in 2012, is China's first bank dedicated to the innovation space. It aims to build an innovation ecosystem in China by offering on-shore commercial banking services and products to innovation companies. With branches in Beijing and Shenzhen, SSVB provides RMB and USD account services, flexible debt solutions, and trade finance services to clients in various sectors, including hardware, software, internet, mobile, consumer technology, life science, biotechnology, and clean-tech. SSVB leverages Silicon Valley Bank's business model to provide tailored financial solutions to innovative companies and their investors.
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