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Ping An Bank sees 21% growth in private banking client numbers

Ping An Bank’s private banking business grew client numbers by 20.9% to 20,400 at the end of June, while the lender’s retail banking business – which houses the private bank – registered a 19% rise in assets under management (AUM), according to the Shenzhen-based bank’s interim report. The private bank – which caters to clients with at least RMB 6…

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