Lufax Subsidiary Ping An Digital Bank Granted Banking License
10/22/2026
Impact: 50
Financial Services
Ping An Digital Bank (International) Limited, a wholly-owned subsidiary of Lufax Holding Ltd, has been granted a banking license, marking a significant expansion of its financial services capabilities. This development is a key regulatory milestone for the subsidiary, which operates under the Ping An Insurance (Group) Company of China, Ltd. and is directly held by Lufax.
AI summary, not financial advice
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