PAO Bank Limited

Business Description

PAO Bank Limited is a Hong Kong digital bank and a wholly owned subsidiary of Lufax Holding, which is part of Ping An Insurance (Group) Company of China. PAObank was established as a digital bank in Hong Kong and focuses particularly on financial inclusion and banking services for small and medium-sized enterprises. Its principal activities include digital retail banking, SME banking, deposits, lending and technology-enabled financial services delivered through digital channels. PAObank operates without traditional physical branches and provides banking services through its digital platforms.