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Ping An Bank

From Alfawiki
Ping An Bank Co., Ltd.
Company typeJoint-stock company
IndustryBanking, Financial services
Headquarters
Shenzhen
,
China
Area served
Mainland China, Hong Kong (representative office)
ProductsRetail banking, Corporate banking, Investment banking
ParentPing An Insurance

Ping An Bank Co., Ltd. is a Chinese joint-stock commercial bank headquartered in Shenzhen. The bank primarily serves the mainland China market and maintains a representative office in Hong Kong. Its services encompass both retail and corporate banking, including investment banking solutions. As a subsidiary under Ping An Insurance, it constitutes one of the three fundamental divisions of the Ping An Group, alongside insurance and asset management sectors.

In 2012, Ping An Bank executed a reverse merger with the publicly listed Shenzhen Development Bank, preserving the latter's stock ticker.

Recognized as one of China's twelve joint-stock commercial banks, Ping An Bank is featured in prominent stock indices such as the FTSE China A50 Index, Hang Seng China 50 Index, and CSI 300 Index.

Honors

  • Received the Business Model of the Year award in 2019 at The Asian Banker International Excellence in Retail Financial Awards.
  • Became the first Chinese financial institution honored with "Asia's Best Digital Bank" in 2020.
  • Awarded the Gartner Innovation Award for Financial Services in 2020.