Ping An Bank

Intro and history: Ping An Bank Co., Ltd. is a Chinese joint-stock commercial bank with its headquarters in Shenzhen. It was founded by Ma Mingzhe in 1988 and has grown to become one of the largest financial services companies in the world. The bank provides banking, insurance, and financial services to millions of customers across China and beyond. Industry: Banking, Financial services Product, Services and Operations: Ping An Bank offers a wide range of financial services including retail banking, corporate banking, treasury business, and asset management. It operates through a network of branches and ATMs across China, providing customers with convenient access to its services. Funding Details: As a publicly traded company, Ping An Bank's funding comes from its shareholders. As of 2020, its total assets were reported to be over CNY 7.27 trillion. Acquisitions: Ping An Bank has made several acquisitions over the years to expand its business, including the purchase of Shenzhen Development Bank in 2012. Awards and Achievements: Ping An Bank has received numerous awards for its services, including the "Best Retail Bank in China" by Asian Banker in 2017 and "Best Digital Bank in China" by Global Finance in 2018.