Ping An Bank offers better benefits. The average monthly salary of Ping An Bank is 7,134 yuan, which is 9% higher than the salary level of its peers. It can also be regarded as a higher salary among joint-stock banks. The average monthly salary at CITIC Bank is 6,374 yuan, 2% lower than the salary level of its peers.
1. Ping An Bank, also known as Ping An Bank Co., Ltd., is a cross-regional commercial bank controlled by Ping An Insurance (Group) Co., Ltd. of China. It is one of the 12 national joint-stock commercial banks in mainland China and also One of the three major business pillars of Ping An Group, it is headquartered in Shenzhen, Guangdong. Its predecessor was Shenzhen Development Bank, which was mainly engaged in financial and credit services. On October 20, 2021, Ping An Bank announced that it achieved a net profit of 11.55 billion yuan in the third quarter, a year-on-year increase of 32.5%; in the first three quarters, it achieved a net profit of 29.135 billion yuan, a year-on-year increase of 30.1%.
2. General business items are: handling RMB deposits, loans, settlements, and exchange businesses; acceptance and discounting of RMB bills; various trust businesses; issuance or trading of RMB securities with the approval of regulatory authorities; foreign exchange deposits and Remittances; domestic and overseas loans; issuance or agency issuance of foreign currency securities at home and abroad; trade and non-trade settlement; acceptance and discounting of foreign currency bills; foreign exchange loans; buying and selling foreign exchange and foreign currency securities on behalf of customers, and self-operated foreign exchange transactions; credit reporting , consulting and witnessing business; part-time insurance agency business; gold import business; other businesses approved or permitted by relevant regulatory authorities. Strategic goal: to build China’s best and world-leading smart retail bank.
3. CITIC Bank is one of China’s national commercial banks. It was founded on April 20, 1987 and is headquartered in Beijing. It is one of the six major banks and the three major guarantees of Chinese financial stocks in Hong Kong, China. In 2007, A shares + H shares were listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange. Its business involves providing comprehensive financial solutions to corporate customers and institutional customers, and providing diversified financial products and services to individual customers. On August 25, 2021, China CITIC Bank disclosed its 2021 semi-annual report. The announcement shows that operating income in the first half of 2021 was 105.592 billion yuan, a year-on-year increase of 3.51%; net profit attributable to Bank of China shareholders was 29.031 billion yuan, a year-on-year increase of 13.66%. Baixin Bank turned losses into profits and achieved a net profit of 104 million yuan.
4. China CITIC Bank was established in 1987 and is one of the earliest emerging commercial banks established during China's reform and opening up. It is the first commercial bank in China to participate in financing in domestic and foreign financial markets. In April 2007, the bank achieved simultaneous listing of A+H shares on the Shanghai Stock Exchange and the Stock Exchange of Hong Kong. As of the end of 2019, CITIC Bank's total assets exceeded 6 trillion yuan and it had nearly 60,000 employees. It has 1,401 business outlets in 151 large and medium-sized cities in China.