Ping An OneConnect Bank (PAOB) is a wholly-owned subsidiary of OneConnect Financial Technology Co., Ltd. and a member of the Ping An Group. It was granted a virtual banking license by the Hong Kong Monetary Authority (HKMA) in May 2019 and officially launched its services in September 2020. As one of Hong Kong's first virtual banks, PAOB is committed to leveraging financial technology to create a seamless and efficient banking experience, primarily focusing on the needs of individuals and SMEs within Hong Kong.