The Shanghai Commercial & Savings Bank | 608 followers on LinkedIn. The Shanghai Commercial & Savings Bank (SCSB) was founded 1915 in Shanghai, China, shortly after the establishment of the Republic of China. SCSB was founded with a Social Mission and its mission is “To serve Society, support Businesses, and promote International Trade”. The bank introduces such innovation such as “One Yuan to open account” to encourage savings, microfinance, inventory financing and other products to help small businesses.