# Ping An Bank

> Source: https://docs.barcoder.ai/docs/wallets/ping-an-bank
> research date 2026-05-30 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Ping An Bank — official](https://bank.pingan.com/)

## Overview

**Ping An Bank** is **Chinese joint-stock commercial bank** + **Ping An Insurance Group ~58% controlling** + **109 branches + 1,180 retail outlets across mainland China** + **H1 2025 MSME loan portfolio RMB 499.524B serving 970,000+ customers** + **H1 2025 new MSME loans RMB 133.917B +33.6% YoY** + **China's first bank to receive 'Asia's Best Digital Bank' award 2020** <sup>[1][1], [2][2], [China report](https://docs.barcoder.ai/docs/payments/CN)</sup>. **2025 baseline**: Ping An Bank 109 branches + 1,180 retail outlets across mainland China + H1 2025 MSME loan portfolio RMB 499.524B serving 970,000+ customers + H1 2025 new MSME loans RMB 133.917B +33.6% YoY; **China's first bank to receive 'Asia's Best Digital Bank' award 2020** distinctive Chinese digital banking excellence recognition; **Ping An Bank emphasizes technology and AI as central to its strategy for future growth** distinctive Chinese AI-driven commercial banking strategy.

**Distinctive Ping An Bank positioning**:
- **Chinese joint-stock commercial bank** (Ping An Bank Co Ltd; SZSE: 000001 (China's first listed stock A-share))
- **Ping An Insurance Group ~58% controlling** distinctive Chinese insurance-bank ecosystem
- **109 branches + 1,180 retail outlets across mainland China** distinctive Chinese commercial bank branch network
- **H1 2025 MSME loan portfolio RMB 499.524B serving 970,000+ customers** distinctive Chinese MSME lending scale
- **H1 2025 new MSME loans RMB 133.917B +33.6% YoY** distinctive Chinese MSME lending growth
- **China's first bank to receive 'Asia's Best Digital Bank' award 2020** distinctive Chinese digital banking excellence recognition
- **Ping An Bank emphasizes technology and AI as central to its strategy for future growth** distinctive Chinese AI-driven commercial banking strategy
- **1987 Shenzhen Development Bank founding + 2012 Shenzhen Development Bank + Ping An Bank merger → Ping An Bank** distinctive Chinese commercial bank merger heritage

## History

**1987 — Shenzhen Development Bank founded** as China's first joint-stock commercial bank in Shenzhen.

**Apr 3 1991 — Shenzhen Development Bank IPO on SZSE under ticker 000001 (China's first listed stock A-share)**.

**2012 — Shenzhen Development Bank + Ping An Bank merger → Ping An Bank** distinctive Chinese commercial bank merger.

**2020 — Ping An Bank China's first bank to receive 'Asia's Best Digital Bank' award** distinctive Chinese digital banking excellence recognition.

**End June 2025 — Ping An Bank MSME loan portfolio RMB 499.524B serving 970,000+ customers + H1 2025 new MSME loans RMB 133.917B +33.6% YoY** <sup>[1][1], [2][2], [3][3]</sup>.

## Ownership & operator

**Operating entity**: **Ping An Bank Co Ltd** (SZSE: 000001 (China's first listed stock A-share); Chinese joint-stock commercial bank; Ping An Insurance Group ~58% controlling).

**Major shareholders**: **Ping An Insurance Group (HKEX: 2318; SSE: 601318; Chinese insurance + financial services group) ~58% controlling + Chinese retail + institutional + foreign investors**.

**Regulators**: **PBoC (People's Bank of China) + NFRA (National Financial Regulatory Administration China) + CSRC**.

## Technical integration

Ping An Bank Pocket Bank mobile banking app (iOS + Android) + bank.pingan.com online + Ping An Bank 109 branches + 1,180 retail outlets across mainland China + Ping An Bank UnionPay + Visa + Mastercard cards; CNAPS + UnionPay + UnionPay QR + e-CNY (post-PBoC e-CNY pilot expansion); **Ping An Bank emphasizes technology and AI as central to its strategy for future growth** distinctive Chinese AI-driven commercial banking strategy + **Ping An Insurance Group ecosystem integration** distinctive Chinese insurance-bank ecosystem (Ping An Life + Ping An Property & Casualty + Ping An Health + Ping An Securities + Ping An Trust + Ping An Asset Management + Lufax + OneConnect + Ping An Good Doctor).

## Users & growth

**End June 2025**: Ping An Bank MSME loan portfolio RMB 499.524B serving 970,000+ customers + H1 2025 new MSME loans RMB 133.917B +33.6% YoY.

## Use cases

Chinese retail + private + SME + MSME + commercial + Ping An Insurance Group ecosystem banking via Ping An Bank Pocket Bank mobile + bank.pingan.com online + Ping An Bank 109 branches + 1,180 retail outlets across mainland China + UnionPay + Visa + Mastercard cards; CNAPS + UnionPay + UnionPay QR + e-CNY (post-PBoC e-CNY pilot expansion); **Ping An Bank emphasizes technology and AI as central to its strategy for future growth** distinctive Chinese AI-driven commercial banking strategy.

## Implementations & partners

**Operator**: Ping An Bank Co Ltd (SZSE: 000001 (China's first listed stock A-share); Chinese joint-stock commercial bank; Ping An Insurance Group ~58% controlling); Ping An Insurance Group (HKEX: 2318; SSE: 601318; Chinese insurance + financial services group) ~58% controlling + Chinese retail + institutional + foreign investors.

**Ping An Insurance Group ecosystem partnership**: **Ping An Insurance Group ~58% controlling** distinctive Chinese insurance-bank ecosystem + Ping An Life + Ping An Property & Casualty + Ping An Health + Ping An Securities + Ping An Trust + Ping An Asset Management + Lufax + OneConnect + Ping An Good Doctor.

**Major Chinese banking + payments competitors**: [ICBC Mobile Banking](https://docs.barcoder.ai/docs/wallets/icbc-mobile) (Industrial and Commercial Bank of China; world's largest bank by assets) + [Agricultural Bank of China (ABC Mobile Banking)](https://docs.barcoder.ai/docs/wallets/abc-china) (Agricultural Bank of China; 530M+ ABC Mobile Banking users mid-2025; 870M+ retail user base 2025) + [Bank of China (BoC) Mobile Banking](https://docs.barcoder.ai/docs/wallets/boc-mobile) (Bank of China; Chinese Big-4) + [China Construction Bank (CCB) Mobile Banking](https://docs.barcoder.ai/docs/wallets/ccb-mobile) (China Construction Bank; Chinese Big-4) + [Bank of Communications (BOCOM Mobile Banking)](https://docs.barcoder.ai/docs/wallets/bocom-china) (Bank of Communications; Chinese Big-5; HSBC ~19.03% strategic investor) + [Postal Savings Bank of China (PSBC)](https://docs.barcoder.ai/docs/wallets/psbc) (Postal Savings Bank of China; Chinese Big-6; 390M mobile users early 2025) + [China Merchants Bank (CMB Mobile Banking + CMB Life)](https://docs.barcoder.ai/docs/wallets/cmb-bank) (China Merchants Bank; Chinese retail king; 210M retail customers 2025) + [China CITIC Bank](https://docs.barcoder.ai/docs/wallets/citic-bank) (China CITIC Bank; CITIC Group affiliated commercial bank) + [China Everbright Bank](https://docs.barcoder.ai/docs/wallets/everbright-bank) (China Everbright Bank; China Everbright Group affiliated) + [Industrial Bank (Wireless Industrial Bank + Online Industrial Bank)](https://docs.barcoder.ai/docs/wallets/industrial-bank-china) (Industrial Bank China; top 20 banks in the world) + [Shanghai Pudong Development Bank (SPD Bank Mobile)](https://docs.barcoder.ai/docs/wallets/spd-bank) (Shanghai Pudong Development Bank; Chinese joint-stock commercial bank) + [Alipay](https://docs.barcoder.ai/docs/wallets/alipay) (Ant Group Alipay; Chinese mobile wallet; 1B+ active users) + [WeChat Pay](https://docs.barcoder.ai/docs/wallets/wechat-pay) (Tencent WeChat Pay; Chinese mobile wallet; >1B users).

**Regulators**: PBoC + NFRA + CSRC.

## Fun facts

- **Chinese joint-stock commercial bank** (Ping An Bank Co Ltd; SZSE: 000001 (China's first listed stock A-share)).
- **Ping An Insurance Group ~58% controlling** distinctive Chinese insurance-bank ecosystem.
- **109 branches + 1,180 retail outlets across mainland China** distinctive Chinese commercial bank branch network.
- **H1 2025 MSME loan portfolio RMB 499.524B serving 970,000+ customers** distinctive Chinese MSME lending scale.
- **H1 2025 new MSME loans RMB 133.917B +33.6% YoY** distinctive Chinese MSME lending growth.
- **China's first bank to receive 'Asia's Best Digital Bank' award 2020** distinctive Chinese digital banking excellence recognition.
- **Ping An Bank emphasizes technology and AI as central to its strategy for future growth** distinctive Chinese AI-driven commercial banking strategy.
- **1987 Shenzhen Development Bank founding + 2012 Shenzhen Development Bank + Ping An Bank merger → Ping An Bank** distinctive Chinese commercial bank merger heritage.

## Comparison

| Feature | Ping An Bank | [China Merchants Bank (CMB Mobile Banking + CMB Life)](https://docs.barcoder.ai/docs/wallets/cmb-bank) (China Merchants Bank rival; Chinese retail king commercial bank; 210M retail customers 2025) | [China CITIC Bank](https://docs.barcoder.ai/docs/wallets/citic-bank) (China CITIC Bank rival; CITIC Group affiliated commercial bank) | [Industrial Bank (Wireless Industrial Bank + Online Industrial Bank)](https://docs.barcoder.ai/docs/wallets/industrial-bank-china) (Industrial Bank China rival; top 20 banks in the world) | [Shanghai Pudong Development Bank (SPD Bank Mobile)](https://docs.barcoder.ai/docs/wallets/spd-bank) (Shanghai Pudong Development Bank rival; Chinese joint-stock commercial bank) |
|---|---|---|---|---|---|
| Operator | **Ping An Bank Co Ltd (SZSE: 000001 (China's first listed stock A-share); Chinese joint-stock commercial bank; Ping An Insurance Group ~58% controlling)** | China Merchants Bank Co Ltd (HKEX: 3968; SSE: 600036; Chinese retail king commercial bank) | China CITIC Bank Corporation Ltd (HKEX: 998; SSE: 601998; CITIC Group affiliated commercial bank) | Industrial Bank Co Ltd (SSE: 601166; top 20 banks in the world) | Shanghai Pudong Development Bank Co Ltd (SSE: 600000; Chinese joint-stock commercial bank) |
| Type | **Chinese joint-stock commercial bank + Ping An Insurance Group ~58% controlling + 109 branches + 1,180 retail outlets across mainland China + H1 2025 MSME loan portfolio RMB 499.524B serving 970,000+ customers + H1 2025 new MSME loans RMB 133.917B +33.6% YoY + China's first bank to receive 'Asia's Best Digital Bank' award 2020 + emphasizes technology and AI as central to strategy** | Chinese retail king commercial bank + 210M+ retail customers 2025 +6.6% YoY + over half operating income from retail division + Asia's best bank for consumers 2025 Euromoney + CMBC Wallet adoption rate growth +50% YoY | CITIC Group affiliated commercial bank | Top 20 banks in the world + Wireless Industrial Bank mobile banking + Online Industrial Bank + 95561 telephone banking | Chinese joint-stock commercial bank + CNY 6B 2023 technology upgrades + 15% increase in online transactions 2023 |
| Country | CN + HK | CN + HK + US + GB + SG + JP + KR | CN + HK | CN | CN + HK + GB + SG + JP + KR + DE + RU |
| Distinctive | **1987 Shenzhen Development Bank founding (China's first joint-stock commercial bank in Shenzhen); Apr 3 1991 Shenzhen Development Bank IPO on SZSE under ticker 000001 (China's first listed stock A-share); 2012 Shenzhen Development Bank + Ping An Bank merger → Ping An Bank; 2020 Ping An Bank China's first bank to receive 'Asia's Best Digital Bank' award; End June 2025 MSME loan portfolio RMB 499.524B serving 970,000+ customers + H1 2025 new MSME loans RMB 133.917B +33.6% YoY** | Apr 8 1987 China Merchants Bank founding in Shekou Industrial Zone Shenzhen; Apr 9 2002 CMB IPO on SSE (600036); Sep 22 2006 CMB H-shares IPO on HKEX (3968); Early 2010 CMB Mobile Banking 1.0 launch | 1987 China CITIC Bank founding by CITIC Group | 1988 Industrial Bank founding in Fuzhou City Fujian Province; 2007 SSE IPO (601166) | 1992 SPDB founding; 1999 SPDB SSE IPO (600000) |

## Status

**Active, Chinese joint-stock commercial bank + Ping An Insurance Group ~58% controlling + 109 branches + 1,180 retail outlets across mainland China + H1 2025 MSME loan portfolio RMB 499.524B serving 970,000+ customers + H1 2025 new MSME loans RMB 133.917B +33.6% YoY + China's first bank to receive 'Asia's Best Digital Bank' award 2020** <sup>[1][1], [2][2], [3][3]</sup>:
- **Ping An Bank Co Ltd (SZSE: 000001 (China's first listed stock A-share); Chinese joint-stock commercial bank; Ping An Insurance Group ~58% controlling)** since 1987 Shenzhen Development Bank founding + Apr 3 1991 Shenzhen Development Bank IPO on SZSE under ticker 000001 (China's first listed stock A-share) + 2012 Shenzhen Development Bank + Ping An Bank merger → Ping An Bank + 2020 Ping An Bank China's first bank to receive 'Asia's Best Digital Bank' award.
- **H1 2025 MSME loan portfolio RMB 499.524B serving 970,000+ customers + H1 2025 new MSME loans RMB 133.917B +33.6% YoY**.
- **China's first bank to receive 'Asia's Best Digital Bank' award 2020**.
- **PBoC + NFRA + CSRC regulated**.

## Sources

[1]: https://finance.yahoo.com/markets/stocks/articles/ping-bank-co-ltd-szse-130036006.html "Ping An Bank Co Ltd (SZSE:000001) Full Year 2025 Earnings Call Highlights — Yahoo Finance"
[2]: https://en.wikipedia.org/wiki/Ping_An_Bank "Ping An Bank — Wikipedia"
[3]: https://www.statista.com/statistics/1211862/china-leading-banking-apps-based-on-monthly-active-users/ "China: MAUs of popular banking apps 2025 — Statista"
[cn-cro]: https://docs.barcoder.ai/docs/payments/CN

- [1] [Ping An Bank Co Ltd (SZSE:000001) Full Year 2025 Earnings Call Highlights — Yahoo Finance][1]
- [2] [Ping An Bank — Wikipedia][2]
- [3] [China: MAUs of popular banking apps 2025 — Statista][3]
- <sup>[China report](https://docs.barcoder.ai/docs/payments/CN)</sup> In-corpus: `reports/countries/CN-china.md`

## Source

Biography extracted from [ping-an-bank.md](https://docs.barcoder.ai/source/wallets/ping-an-bank). See `matrix.md` for standards-support matrix if present.