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Ping An Bank

From Wikipedia, the free encyclopedia
Ping An Bank
Company typePublic
SZSE: 000001
IndustryFinancial services
Founded
  • 22 June 1995 (1995-06-22) (Ping An Bank)
  • 22 December 1987 (1987-12-22) (S.Z. Dev. Bank)
  • 2012 (merger)
Headquarters
Shenzhen
,
China
Area served
Worldwide
ServicesRetail and corporate banking
RevenueIncrease CN¥96.163 billion (2015)
Increase CN¥28.895 billion (2015)
Increase CN¥21.865 billion (2015)
Total assetsIncrease CN¥3.42 trillion (2018)
Total equityIncrease CN¥161.500 billion (2015)
Owner
ParentPing An Insurance
Capital ratioIncrease 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
Transcriptions
Ping An Bank
Simplified Chinese平安银行
Traditional Chinese平安銀行
Transcriptions

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.

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]
  1. ^ "2015年年度报告" [2015 Annual Report] (PDF) (in Chinese). Ping An Bank. 9 March 2016. Retrieved 11 November 2016.
  2. ^ 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.
  3. ^ PR NEWSWIRE (July 24, 2020). "Ping An Bank Named Asia's Best Digital Bank by Euromoney, A First for Chinese Bank". asiaone.
  4. ^ "Ping An Bank Wins Gartner Innovation Award for Financial Services". PRNewswire. November 17, 2020.
[edit]
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