- CEO
- Xinzhuang Niu
- Full Time Employees
- 196,779
- Sector
- Finance
- Industry
- Regional banks
- Address
- No. 3 Financial Street Beijing BE China 100808
- IPO Date
- Sep 28, 2016
- Business
- Postal Savings Bank of China Co., Ltd. Postal Savings Bank of China Co., Ltd. is a leading commercial retail bank in China that provides comprehensive banking and financial services, with a primary focus on serving agriculture, rural areas and farmers, small and medium-sized enterprises, urban and rural residents, and low-income customers. The bank operates through three main segments: retail banking, which accounts for approximately 43% of interest income and offers classic and specialized products including deposits, personal loans, wealth management, credit cards, and consumer finance; corporate banking, contributing about 23% of interest income with services such as corporate loans, trade finance, and cash management for SMEs; and treasury operations including investment and market banking, representing around 34% of interest income through bond trading, interbank lending, and financial market activities. Postal Savings Bank of China Co., Ltd. leverages an extensive nationwide network of approximately 40,000 branches and outlets, primarily integrated with the postal system, to deliver these services across all regions of China; it maintains total assets exceeding CNY 13 trillion, serves over 200 million customers, and employs around 194,000 staff. Founded in 2007 and headquartered in Beijing, the bank operates as a subsidiary of China Post Group Corporation Limited and listed on the Shanghai Stock Exchange in 2019 and the Hong Kong Stock Exchange in 2016 following strategic investments from global partners including Tencent, Ant Financial, and Temasek Holdings. Recent developments include a comprehensive strategic cooperation agreement signed with ChinaBond Depository & Clearing Co., Ltd. in November 2025 to enhance collaboration in bonds, collateral management, valuation, financial assets, and risk management; the planned absorption and merger of its wholly-owned subsidiary China Post Youhui Zhijia Bank Co., Ltd. announced in September 2025 to optimize management and business structure; and board adjustments such as the election of Zhang Xuanbo as Chairman of the Risk Management Committee in November 2025, alongside strong 2024 financial performance with operating income of CNY 349 billion and proposed full-year dividends of approximately CNY 25 billion.