Ping An Bank Co., Ltd. is a Chinese joint-stock commercial bank with its headquarters in Shenzhen. It primarily operates in Mainland China with a representative branch in Hong Kong. The bank offers services in retail and corporate banking, including investment banking services. As a subsidiary of Ping An Insurance, the bank is one of the three main pillars of Ping An Group: insurance, banking and asset management.
 | |
 Headquarters in Shenzhen | |
| Company type | Public |
|---|---|
| SZSE: 000001 | |
| Industry | Financial services |
| Founded |
|
| Headquarters | , China |
Area served | Worldwide |
| Services | Retail and corporate banking |
| Revenue |  CN¥96.163 billion (2015) |
| CN¥28.895 billion (2015) | |
| CN¥21.865 billion (2015) | |
| Total assets | CN¥3.42 trillion (2018) |
| Total equity | CN¥161.500 billion (2015) |
| Owner |
|
| Parent | Ping An Insurance |
| Capital ratio | 9.03% (CET1) |
| Footnotes / references figures from 2015 Annual Report, please see the report for their definition of revenue, operating income in Chinese accounting standards; Ping An Life Insurance also held and additional 2.27% as the investment manager for their customers, thus excluding from the stake of Ping An Insurance.[1] | |
| Ping An Bank Co., Ltd. | |||
|---|---|---|---|
| Simplified Chinese | 平安银行股份有限公司 | ||
| Traditional Chinese | 平安銀行股份有限公司 | ||
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| Ping An Bank | |||
| Simplified Chinese | 平安银行 | ||
| Traditional Chinese | 平安銀行 | ||
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This article needs additional citations for verification. (May 2023) |
The bank reverse takeover publicly traded company Shenzhen Development Bank and retained the stock code of the bank in 2012.
As one of twelve joint-stock commercial banks in China, Ping An Bank is a component of the FTSE China A50 Index, Hang Seng China 50 Index, and CSI 300 Index amongst others.
Honors
edit- Ping An Bank was awarded the Business Model of the Year for 2019 at The Asian Banker International Excellence in Retail Financial Awards 2019. [2]
- Ping An Bank is China's first bank to receive the "Asia's Best Digital Bank" award in 2020.[3]
- Ping An Bank Wins Gartner Innovation Award for Financial Services in 2020.[4]
References
edit- ^ "2015年年度报告" [2015 Annual Report] (PDF) (in Chinese). Ping An Bank. 9 March 2016. Retrieved 11 November 2016.
- ^ TheAsianBanker (March 21, 2019). "Ping An Bank awarded Business Model of the Year for 2019 at The Asian Banker International Excellence in Retail Financial Services Awards 2019". TheAsianBanker.
- ^ PR NEWSWIRE (July 24, 2020). "Ping An Bank Named Asia's Best Digital Bank by Euromoney, A First for Chinese Bank". asiaone.
- ^ "Ping An Bank Wins Gartner Innovation Award for Financial Services". PRNewswire. November 17, 2020.
