To mark its 5th anniversary, PAObank has announced a strategic partnership with China Ping An Insurance (Hong Kong) Company Limited (CPAIHK).
This collaboration combines the strengths of both entities to create '1+1>2' synergy, delivering an integrated banking and insurance experience. PAObank has introduced its first joint initiative with CPAIHK, alongside a series of exclusive offers.
The strategic partnership between PAObank and CPAIHK focuses on delivering enhanced value to customers. PAObank's customers can enjoy banking services with additional travel insurance coverage, while CPAIHK's customers receive exclusive deposit offers, achieving a seamless integration of insurance and banking services.
PAObank, CEO Mr Ronald Lu said that as a member of Ping An, PAObank is committed to integrating insurance into its banking services. “This collaboration with CPAIHK is just the first step in our strategic blueprint, aiming to build an integrated insurance and banking ecosystem where customers can fulfil their financial needs within a single App, enjoy exclusive benefits and protection, and propels PAObank into a bank with insurance DNA," he said.
China Ping An Insurance (Hong Kong) managing director Mr Kelvin Cheung said that CPAIHK consistently leverages the group's integrated financial platform to deliver warm financial services. “We are delighted to deepen our collaboration with PAObank, integrating insurance and banking services to provide our customers with superior wealth management and protection solutions," he said.