News: 2024.03.21
Ji Guangheng, president of Ping An Bank, said that facing the painful period of transformation, banking business needs to seek changes amid difficulties, especially 5 trillion banks. He pointed out that there are two logics for judging the turning point of the retail business, namely the return of net investment scale and the significant improvement of asset quality.
In this process, Ping An Bank’s ongoing structural reforms have begun to bear fruit. This reform of the business model will help banks cope with the challenges of the transition period and enhance the competitiveness of their businesses.
Ji Guangheng further pointed out that banks need to reshape their operating models to adapt to market changes. This includes strengthening digital transformation, improving customer experience, and continuously optimizing products and services.
In addition to adjustments to the operating model, Ji Guangheng also emphasized the importance of risk management. Banks should strengthen risk monitoring and control to ensure the sound operation of their businesses.
Ji Guangheng is full of confidence in the future. He believes that through continuous efforts and reforms, Ping An Bank will be able to survive the painful period of transformation and achieve long-term sustainable development.