---
title: "Ping An Bank announces withdrawal from personal \"gold trading\" business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278813119.md"
description: "On March 11th, PAB announced that it will gradually close its personal precious metals trading business starting from April 1, 2026, becoming the second bank this year to exit such business, following PSBC"
datetime: "2026-03-12T03:22:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278813119.md)
  - [en](https://longbridge.com/en/news/278813119.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278813119.md)
---

# Ping An Bank announces withdrawal from personal "gold trading" business

On March 11th, PAB announced on its official website that it will gradually close its personal precious metals trading agency business at the Shanghai Gold Exchange starting from April 1, 2026, depending on the situation. From publicly available information, PAB is the second bank this year to publicly announce a complete withdrawal from such business, following PSBC. (21 Finance)

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