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About Ping An Bank. Ping An Bank Co., Ltd. (SZSE stock abbreviation: PAB; stock code: 000001) is a nationwide joint-stock commercial bank headquartered in Shenzhen. It was formerly known as Shenzhen Development Bank Co., Ltd. and renamed as Ping An Bank in July in the same year after the merger of former Ping An Bank Co., Ltd. in June 2012.
- Corporate
Trade finance-reverse factoring Reverse factoring refers...
- Contact Us
Contact Us. I. 24H service hot line: 95511Ext. 3. II. 24H...
- Organization Structure
Service Hotline 95511-3. Home; Personal; Corporate;...
- Social Responsibility
2011 Corporate Social Responsibility Report; 2010 Corporate...
- News Express-Pab
2020-02-14 2019 Annual Report of Ping An Bank; 2012-10-25...
- Corporate
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.
- Financial services
- Shenzhen, China
- CN¥21.865 billion (2015)
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Bank, Bank of China, Agricultural Bank of China, Postal Savings Bank of China, and the Bank of Communications—hold 47 percent or $15.9 trillion of all commercial bank assets (see Figure 1).5 These are followed by 12 national joint-stock banks,** which hold an additional 21 percent of total commercial bank assets.6
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- Main businesses of the Bank
- Total share capital of the Company as at the trading day prior to disclosure
- Quarterly financial indicators
- (1) Profit and scale
- 3. The ownership and control relationships between the Company and its actual controllers
- V. Corporate Bonds
- 6. Continuous improvement of asset quality
- Cross-border finance
- (3) Comprehensive finance
- (2) New interbank
- 2. Two core capabilities
- 2. Reason for retrospective restatement to correct major accounting errors during the reporting period
Ping An Bank is a national joint-stock commercial bank. As approved by relevant regulators, the Bank engages in the following commercial banking activities: (I) absorption of public deposits; (II) advances of short, medium and long-term loans; (III) domestic and overseas settlement; (IV) bill acceptance and discounting; (V) issuance of financial bo...
Whether there are corporate bonds □Yes √No Whether the Company suffered sustained losses in recent two years □Yes √No Differences in accounting data under domestic and overseas accounting standards 1. Differences in net profit and net assets in financial reports disclosed in accordance with international accounting standards and Chinese accounting ...
(In RMB million) Have the above financial indicators or their totals differed significantly from the relevant financial indicators in the quarterly report and half-year report disclosed by the Company? □Yes √No
(In RMB million) Note: The retail banking business segment covers the provision of financial products and services to individual customers, including personal loans, deposit business, bank card business, personal wealth management service and various individual intermediary businesses. The wholesale banking business segment mainly comprises service...
There is no actual controller for the Bank. During the reporting period, there was no change in the controlling shareholders of the Bank. A diagram showing the relationship between the Bank and its controlling shareholder is as follows:
Whether the Company has corporate bonds which are publicly issued and listed on the stock exchange, undue on the date of approval of the Financial Report or failing to be fully paid on due date. □Applicable √ Not applicable
The Bank proactively responded to external risks, adjusted business structure, and continuously improved asset quality indicators. Firstly, “being technology-driven”, the Bank leveraged the Group’s scientific and technological assets, along with cutting-edge technologies such as big data, blockchain, AI, etc., to create an intelligent risk control ...
The Bank’s cross-border finance focused on the financial service needs for the internationalisation of Chinese-funded enterprise operation, investment and financing. Featured by offshore finance, it integrated five cross-border financial service systems including onshore, offshore, free trade zone, NRA (non-resident account), and overseas branches,...
As a “1+N" engine for the Group’s comprehensive financial services, the Bank continuously strengthened its comprehensive financial service capabilities through the “1+N” model of “1 customer and N products services”, and operated collaboratively with various professional companies in the Group, committing to being the "Founder" of comprehensive fin...
In 2019, the Bank accelerated the transformation of interbank institutional sales with effectiveness preliminarily shown in operation reform. The Bank practised the customer-centric business philosophy by intensifying construction of financial ecosystem, exploring customers’ needs and exploiting its comprehensive finance advantages to provide insti...
The Bank improved two capabilities of sales and transaction in regarding three business directions of new transactions, new interbank and new asset management to form integrated measures and build up core competence of the Bank's interbank capital business. First is strengthening sales capabilities, upgrading sales mode and integrating sales into e...
□Applicable √ Not applicable There is no retrospective restatement to correct major accounting errors during the reporting period.
Feb 16, 2024 · Ping An Bank is a Chinese joint-stock commercial bank. In June 2012, Shenzhen Development Bank merged with former Ping An Bank into Ping An Bank. The bank primarily operates in Shenzhen, Shanghai, and Fuzhou. Being part of the Ping An Insurance Group of China, Ping An Bank is one of its main subsidiaries. Ping An Bank provides services in ...
Jul 23, 2020 · The stock price of Ping An Bank (PAB, 000001:SZ) experienced two peaks this year. After the financial result for the first quarter was released on April 21, the stock price of PAB went up for a while, but fell back soon. The second wave came from the widespread view that the ‘bank sector is undervalued,’ with a large number of investors buying.
with the stock code of 000001 2002 Introduced a strategic investor Newbridge Capital Newbridge transferred all of its shares to PA, and PA held a 21.44% stake in total PA acquired Fujian Asia Bank 2003 2004 2010 Fujian Asia Bank was renamed as Ping An Bank (PAB) 2006 PA acquired Shenzhen Commercial Bank -2011 PA held a 61.36% stake in
