Postal Savings Bank of China

Postal Savings Bank of China (PSBC, China Postal Savings Bank) is a leading large retail bank in China, which provides basic financial services, especially to small and medium-sized enterprises (SMEs), rural and low income customers. As on December 31, 2015, the Bank had a network of 40,000 branches covering all regions of China. Total assets: RMB 5,574 billion or approx. USD 921 billion (as of December 31, 2013). Net profit: RMB 28.3 billion (2012).

PSBC also actively supports large customers and large projects, making tremendous contributions to China's economic development.

The Postal Savings Bank of China was incorporated in March 2007, succeeding the the former Postal Savings and Remittance Bureau of the State Post Bureau.

HQ: Beijing, China
Founded: 2007
ID: 1620. Updated: 28.10.2016