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Ping An Digital Bank

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Ping An Digital Bank (International) Limited

About Ping An Digital Bank

Ping An Digital Bank (International) Limited (“Ping An Digital Bank”) is a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318). Ping An Digital Bank was granted a banking license by the Hong Kong Monetary Authority in May 2019 to offer retail banking and business banking services. Backed by Ping An’s advanced technology, Ping An Digital Bank is elevating the banking experience, serving customers in Hong Kong and the Greater Bay Area, and establishing itself as Ping An Group's comprehensive financial platform in Hong Kong.

Former names: PAO Bank Limited and Ping An OneConnect Bank (Hong Kong) Limited. Ping An OneConnect Bank (Hong Kong) Limited was a wholly-owned subsidiary of OneConnect Financial Technology Co., Ltd. (“OneConnect”) (NYSE:OCFT) and a member of Ping An Insurance (Group) Company of China, Ltd.

Annual Reports

Funding (US$ m)

US$90m

Total raised

US$120m

Valuation

RoundYearAmount
Latest round 2025 90

Financials (HK$ m)

YearRevenueEBIT
2019 7 -112
2020 6.1 -184.2
2021 -89
2022 -57
2023 439
2024 335
2025 847