Ping An Bank
Chinese joint-stock commercial bank Ping An Bank Co., Ltd. is based in Shenzhen. With a representative branch in Hong Kong, it principally conducts business in Mainland China. The bank provides services in investment banking as well as retail and business banking. One of the three primary pillars of Ping An Group, along with insurance, banking, and asset management, is the bank, which is a subsidiary of Ping An Insurance.
In 2012, the bank completed a reverse takeover of the publicly traded Shenzhen Development Bank and kept the firm's stock code. Ping An Bank, one of twelve joint-stock commercial banks in China, is a part of the CSI 300 Index, the FTSE China A50 Index, and the Hang Seng China 50 Index, among other indices.
Ping An Bank's market cap was $36.63 billion as of April 2023. Ping An Bank is now ranked as the 483rd most valuable firm in the world by market valuation. The most recent financial reports from Ping An Bank indicate that the company's current revenue (TTM) is $26.62 billion. The company generated $26.18 billion in revenue in 2021, a rise from $22.32 billion in revenue in 2020.
Founded: 22 June 1995
Headquarters: Shenzhen, China
Website: https://bank.pingan.com
