Ping An Bank has won the Best Distributor and Best Capital Protected Provider at SRP China awards held at the Ritz-Carlton Pudong Hotel on September 18 in Shanghai The bank was the largest provider in terms of both sales volume and product issuance.
A total of 16,697 products distributed by Ping An Bank (Ping An) raised a sales volume of US$458.7 billion, according to SRP data. The data includes products striking and maturing during the period between March 1, 2018 and April 30, 2019. Given the sales volume and the product issuance, Ping An was the largest distributor with a market share of almost 50% in terms of sales volume and over 40% in terms of product issuance. The products are linked to underlyings across different asset classes,
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