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.

Company typePublic

Traded as

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)

Quick facts Company type, Traded as ...

Ping An Bank

Headquarters in Shenzhen
Company type	Public
Traded as	SZSE: 000001
Industry	Financial 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
Services	Retail and corporate banking
Revenue	CN¥96.163 billion (2015)
Operating income	CN¥28.895 billion (2015)
Net income	CN¥21.865 billion (2015)
Total assets	CN¥3.42 trillion (2018)
Total equity	CN¥161.500 billion (2015)
Owner	Ping An Insurance (55.67%) China Securities Finance (2.99%) other shareholders (41.34%)
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]

Close

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.