Postal Savings Bank of China
Deloitte Huayong Accounting firm (Special General Partnership), Deloitte Guan Huang Chen Fang Accounting firm
Mainland registration of Mainland State-owned Assets control
No. 3, financial street, Xicheng district, Beijing
Head Office and Principal Place of Business
40 / F, Dah Sing Financial Centre, 248 Queen's Road East, Wanchai, Hong Kong
Hong Kong motherboard
China Postal savings Bank Co., Ltd. provides banking and related financial services in China. The bank operates mainly through personal banking, corporate banking and capital business. Personal banking provides a wide range of products and services to individual customers, including RMB and foreign exchange deposits, loans, bank cards and intermediary business products and services. Corporate banking provides corporate customers with a wide range of financial products and services, including corporate loans, discounted bills, corporate deposits and intermediary business products and services, such as settlement, bill management, cash management, investment banking, custodian and corporate finance. Capital business mainly includes financial market business, such as market trading, investment, interbank financing and bill discount. The capital business also includes asset management.
China's postal savings can be traced back to the postal savings service set up in 1919, which has a history of one hundred years. In March 2007, on the basis of reforming the original postal savings management system, China Postal savings Bank Co., Ltd. was officially established. The Bank was restructured as a joint stock limited company in January 2012, introduced ten strategic investors at home and abroad in December 2015, listed on the Hong Kong Stock Exchange in September 2016, and listed on the Shanghai Stock Exchange in December 2019, successfully achieving the three-step reform goal of "share reform-war-An and H dual listing".
The Bank has nearly 40,000 business outlets and serves more than 600 million individual customers, focusing on serving "agriculture, rural areas and farmers", urban and rural residents and small and medium-sized enterprises. Relying on the unique model and resource endowment of "self-management + agency", we are committed to providing services to the most dynamic customer groups in China's economic transformation, and accelerate the transformation to a new retail bank with data-driven, channel coordination, wholesale and retail linkage and efficient operation. With excellent asset quality and significant growth potential, the Bank is a leading large retail bank in China.
The Bank adheres to serving the real economy, actively implements the national strategy and supports the construction of China's modern economic system, and actively fulfills its social responsibilities. Adhere to customer-centered, create online and offline interconnection, integration of financial service system, to provide our customers with high-quality, convenient and efficient integrated financial services. Adhere to risk-oriented, adhere to prudent and prudent risk preference, and continue to improve the construction of a "comprehensive, whole-process, all-staff" comprehensive risk management system. Adhere to the "insight into the market, first step" business philosophy, make efforts in the four major areas of inclusive finance, wealth finance, industrial finance and green finance to achieve their own high-quality development.
Over the past 15 years since its establishment, the bank's market position and influence have become increasingly prominent. Fitch and Moody's respectively give the Bank A + and A1 ratings consistent with China's sovereignty, S & P Global gives the Bank A rating, S & P Credit rating gives the Bank AAAspc rating, China Integrity International gives the Bank AAA rating, the outlook is stable. In 2021, the Bank's tier one capital ranked 15th in the ranking of the UK's Banker Magazine's Top 1000 Global Banks.
In the face of an important period of strategic opportunity for China's economic and social development, the bank has thoroughly implemented the new concept of development, adhered to the theme of high-quality development, adhered to the general tone of seeking progress in the midst of stability, and comprehensively deepened reform and innovation. we will speed up the transformation and development of characteristics, integration, lightweight, digitization and intensification, firmly fulfill the economic, political and social responsibilities of the state-owned banks, and continuously improve the quality and efficiency of serving the real economy. Strive to improve the ability of customer service, and strive to become a first-class large retail bank with customer trust, distinctive features, sound security, innovation-driven and excellent value.