Shenzhen Ping An Bank Co plans to open five to six more outlets
in Shanghai.
The bank will also focus on loans to small enterprises and
retailers next year, a senior executive said this morning in
Shanghai.
Shenzhen-based Ping An Insurance (Group) Co gained regulatory
approval in June to buy Ping An Bank and merge it with Shenzhen
Commercial Bank to form Shenzhen Ping An Bank.
The merged bank has a network of 49 outlets in the cities of
Shenzhen in Guangdong Province, Fuzhou in Fujian Province and
Shanghai.
(Shanghai Daily December 26, 2007)
