Postal Savings Bank of China Co. (PSBC)

Postal Savings Bank of China Co., Ltd. (PSBC) profile and corporate video

    Postal Savings Bank of China Co., Ltd. (中国邮政储蓄银行), or also know to do their business as PSBC, is a Chinese commercial retail bank and financial services company headquartered in Beijing, China. Founded on March 6, 2007, it provides banking and financial services in all regions of China, especially to small and medium companies, rural and low-income customers.

    The PSBC operates through the following business segments: Personal Banking, Corporate Banking, and Investment & Wealth Management.

Personal Banking

    The Personal Banking segment involves savings business, settlement business, bank card, consumer credit business, micro loan & personal pledged loan, personal business loans and foreign exchange business.

Corporate Banking

    The Corporate Banking segment covers corporate deposits, company settlement, cash management, negotiable instruments, corporate financing, trade finance, custody business, and financial markets business.

Investment & Wealth Management

    The Investment & Wealth Management segment involves insurance, T-Bond, financial products, funds, and precious metals.

    With more than 170 000 employees, Savings Bank of China Co., Ltd. is considered one of the Top 1000 World Banks in terms of tier 1 capital, and also one of the top 2000 largest public companies in the world, according to Forbes.

*Information from Forbes.com, Wikipedia.org, and www.psbc.com/en

**Video published on youtube.com by “Wall Street Journal“.