平安银行（Ping An Bank）.doc

平安银行（Ping An Bank） Ping An Bank introduction Ping An Bank, Ping An insurance (Group) Chinese trans regional management of joint-stock commercial bank holdings is a Limited by Share Ltd, headquartered in Shenzhen, in the country with 34 branches and representative offices in Hongkong. January 2012, the acquisition of the Shenzhen Development Bank, the formation of the new Ping An Bank formally opened. Ping An Bank, Ping An Bank Ltd, is an important member of China Ping An insurance (Group) Limited by Share Ltd. It is one of the 12 national joint stock commercial banks in mainland china. As a cross regional business joint-stock commercial bank, Ping An Bank has a registered capital of 5 billion 123 million 350 thousand yuan, the total assets of nearly 1 trillion and 370 billion yuan; the headquarters is located in Shenzhen, in the country with 34 branches and representative offices in Hongkong. Development process 1, the establishment of Fujian Asian Bank Fujian Asia Bank was founded in December 1992, was established as a response to the government for foreign investment in the financial sector pilot joint venture bank, by the Fujian consulting firm China trust bank and Hongkong Central Asia Finance Limited joint venture established by Fujian Asia bank co founded in June 1993 26 by the peoples Bank of Chinese approved officially opened. In December 29, 2003, by the China Banking Regulatory Commission approved, Ping An insurance group and Hongkong, Shanghai, HSBC (HSBC) together with the formal acquisition of 100% stake in Fujian Asia bank. Under the acquisition agreement, HSBC will spend no more than $20 million acquisition of Fujian Asia Bank 50% of the equity; Ping An insurance group through its Ping An Trust investment company, the acquisition of the remaining 50% stake. Then, Ping An insurance group to Fujian Asia bank to inject $23 million, so that the total funding to $50 million, 73% of the shares held by Fujian Asia bank, HSBCs stake diluted to 27%. The acquis