The bank expanded in the late 1920s and early 1930s, endured the period of Japanese aggression, but suffered significant set-backs during the Chinese Civil War.

[2] The Shanghai Commercial Bank offers corporate and retail banking services and products including deposits, loans, remittances, foreign exchange, trade finance, securities trading, wealth management services, credit cards, and insurance, amongst others.

The increase was primarily due to the substantially lower impairment allowances, positive contributions from all the jointly controlled entities, improved fee income from securities related business and treasury operation.

The additional compensation made for the Lehman Brothers Minibonds Repurchase Scheme had a negative impact on the bank's cost-to-income ratio and it increased to 43.7 percent.

The bank is obtaining the necessary approval to upgrade the Shanghai representative office to full branch status.

The bank has engaged the award-winning Rocco Design Architects Limited as the project's architectural firm.

[9] SCB was one of the founding banks of JETCO, the Joint Electronic Tellers Services Limited Network back in 1982.

[11] JETCO is a peer competitor to another ATM network formed by HSBC and Hang Seng Bank.

In December 2015, SCB started using behavioral analytics solution to enhance its digital banking strategy to facilitate an O2O (online-to-offline) operating model.

This technology was expected to allow SCB to gain a better understanding of its consumer banking and SME customers, and to create more personalized e-Banking services and marketing campaigns.