After the Shanghai Pudong Development Bank credit card is canceled, you can apply again. Generally speaking, you can apply immediately after cancellation. If the credit card is canceled for less than one month, you can apply for reinstatement. If it is more than one month, you can only apply again. However, in If you reapply within a short period of time, it will be more difficult to get the card approved than usual. It is best to cancel your application in about half a year and prepare the application materials again.
Frequent cancellations and applications are detrimental to cardholders, so before canceling a credit card, you should carefully consider whether to use it again.
Shanghai Pudong Development Bank (referred to as: Pudong Development Bank or Shanghai Pudong Development Bank) was established with the approval of the People's Bank of China on August 28, 1992, opened on January 9, 1993, and was listed on the Shanghai Stock Exchange in 1999. A national joint-stock commercial bank successfully listed on the stock market (stock trading code: 600000), with its head office in Shanghai.
In 2018, Shanghai Pudong Development Bank ranked 70th among the "Top 2000 Global Companies" by Forbes in the United States; 25th among the "Top 1000 Global Banks" in The Banker in the United Kingdom; and ranked among the "World 500" in the U.S. "Fortune" Strong” No. 227. Shanghai Pudong Development Bank is one of the few joint-stock commercial banks in China that has been rated investment grade or above by three major international rating agencies. In July 2019, the 2019 Fortune Global 500 was released: ranking 216th. On September 1, 2019, the 2019 China's Top 500 Service Enterprises list was released, with Shanghai Pudong Development Bank Co., Ltd. ranked 29th. In March 2020, it was selected as the 134th among the top 500 global brands in 2020.
The total assets of Shanghai Pudong Development Bank increased from 8.75 billion yuan when it was first established in 1993 to 6,091.759 billion yuan at the end of June 2018, an increase of 696 times; operating income increased from 337 million yuan in late 1993 when the bank was founded. It increased to 168.6 billion yuan at the end of 2017, an increase of 500 times; net profit increased from 130 million yuan in 1993 to 54.24 billion yuan in 2017, an increase of 416 times, with an average annual compound growth rate of nearly 30%.
In 2018, Shanghai Pudong Development Bank achieved operating income (group caliber) of 171.542 billion yuan, a year-on-year increase of 2.923 billion yuan, an increase of 1.73%; net profit attributable to shareholders of the parent company was 55.914 billion yuan, a year-on-year increase 1.656 billion yuan, an increase of 3.05%. As of the end of 2018, the total assets of Shanghai Pudong Development Bank Group were 6.289606 billion yuan, an increase of 152.366 billion yuan from the beginning of the year, an increase of 2.48%. The capital adequacy ratio is 13.67%, an increase of 1.65 percentage points from the beginning of the year. On June 26, 2019, eight banks including Shanghai Pudong Development Bank were among the first to launch the online enterprise information verification system.
While deeply engaged in financial services, Shanghai Pudong Development Bank actively fulfills its social responsibilities and is committed to building an excellent corporate citizen. In 2019, Shanghai Pudong Development Bank won the China Banking Association's "Best Targeted Poverty Alleviation Contribution Award" and "Best Social Responsibility Special Contribution Network Award". In 2018 and 2020, it won the China Banking Association's "Best Green Finance Award" and "Best Green Finance Award" respectively. "Best Green Finance Performance Award".