Ping An Bank
Ping An Bank profit rises 3% to $2.12b in Q1
Ping An Bank profit rises 3% to $2.12b in Q1
Retail assets under management rose 1.2% during the quarter, said Ping An.
Ping An Digital Bank unveils new branding reflecting deeper ties to insurer parent
It says it is the first Hong Kong digital bank to offer a full spectrum of insurance services.
Ping An Bank past the worst point for net profit growth: analysts
Net profit decline in Q2 was narrower than recorded in Q1.
Chinese megabanks cement nation’s economic prowess
Banks in China dominated S&P Global Market Intelligence’s top 50 lenders in the region.
Ping An Bank to maintain moderate profitability: Moody’s
Its write-offs and derisking of asset mix will keep asset quality stable.
HKMA rules out new virtual banking licenses
Competition is keen in the market and enquiries have declined.
Ping An Bank with enough capital for proposed higher dividends: analyst
The China-based bank has proposed to pay a 30% dividend in 2023.
Hang Seng Bank names ex-Ping An deputy chief exec as new general counsel
Mabel Chu served as deputy chief executive (functions) of Ping An OneConnect Bank.
Ping An Bank profits up 45% in Q2, but NIM contraction to continue
Whilst fee income and loan growth is robust, capital position weakened.
Commentary
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