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Ping An Bank is an interregional joint-stock commercial bank of Ping An Insurance (Group) Co., Ltd. and one of the 12 national joint-stock commercial banks on the Chinese Mainland.

Its registered capital is 5.502 billion yuan and the total assets are 2.79 trillion yuan. Its headquarters are in Shenzhen, Guangdong.

Ping An Bank has 11 product business divisions, 6 industry business divisions and 1 platform business division, covering seven industries, namely, real estate, energy and mineral resources, transportation, modern logistics, modern agriculture, and healthcare and cultural tourism. It aims to better serve the real economy through professional management.

By June 30, 2016, the total assets of Ping An Bank had reached to 2.800983 trillion yuan, with an increase of 11.72% compared with the beginning of 2016. The total deposit balance went up to 1.898348 trillion yuan, which was 9.48% over the beginning of the year. This increase has taken the lead in the industry and the market share has risen steadily. The total loans (including discount) amounted to 1.358021 trillion yuan and increased by 11.67% compared with the beginning of the year. The business income was 54.769 billion yuan. There was an increase of 17.59% compared with the corresponding period last year. The operating profit before preparation was 36.156 billion yuan and increased by 28.26% compared with the corresponding period last year. The net profit was 12.292 billion yuan. It was 6.10% over the period last year. The capital adequacy rate was 11.82%, meeting the regulatory standards.


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