Traditional Culture Encyclopedia - Traditional stories - What is Ping An financial services
What is Ping An financial services
Ping An's comprehensive financial services is to meet your financial needs, such as buying a car or house, loans, investment, bank cards, insurance, credit cards and so on, is a financial supermarket.
Ping An's comprehensive financial services include three major items:
1, insurance business
2, banking business
3, investment business
Consolidation of financial business refers to the financial regulator's authorization for a financial institution to simultaneously operate more than two financial businesses, such as banking, securities and insurance.
Currently, there are only three domestic companies that have received a full license for integrated finance. Ping An is one of them, which means it can do all the business of the three financial branches of insurance/banking/investment.
For example: insurance business: life insurance, property insurance (car insurance), pension insurance, health insurance, etc.
Banking business: personal deposits, term financial products, credit cards, loans, etc.
Investment: stocks, funds, trusts, etc.
Extended Information:
Peace of mind of China Insurance (Group) Co. (hereinafter referred to as "Ping An", "Ping An", "the Company", "the Group") was born in 1988 in Shekou, Shenzhen, China, and was the first joint-stock insurance enterprise in China.
Since then, it has developed into an integrated, close-knit and diversified comprehensive financial service group with financial insurance, banking, investment and other financial businesses.
Insurance business: refers to activities related to underwriting and claims settlement of insurance products of insurance companies.
Banking business: as the name suggests, the business handled by banks. According to the complexity of the business and the degree of dependence on the branch, banking can be categorized into traditional and complex business. According to the composition of its balance sheet, banking business is divided into three main categories: liability business, asset business, and intermediate business.
Investment business: also known as securities investment business, refers to the activities of the bank to purchase securities. Investment is an important asset business of commercial banks, is one of the main sources of bank income.
Reference:
Baidu Encyclopedia-International Ping An Financial Center
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