Ping An Bank

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.

Ping An Bank
Public
Traded asSZSE: 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
Revenue CN¥96.163 billion (2015)
CN¥28.895 billion (2015)
CN¥21.865 billion (2015)
Total assets CN¥2.507 trillion (2015)
Total equity CN¥161.500 billion (2015)
Owner
ParentPing An Insurance
Capital ratio 9.03% (CET1)
Websitebank.pingan.com/ 
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
Ping An Bank
Simplified Chinese平安银行
Traditional Chinese平安銀行

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.

References
  1. "2015年年度报告" [2015 Annual Report] (PDF) (in Chinese). Ping An Bank. 9 March 2016. Retrieved 11 November 2016.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.