Postal Savings Bank of China Co., Ltd.
PSBKF
Other OTC0.67
USD
- -
- -
ISIN
CNE1000029W3
Return %
Stock
S&P500
1Y
2.94
26.53
3Y
-0.84
76.60
5Y
-5.76
80.11
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Xinzhuang Niu
- Full Time Employees
- 182,631
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- No. 3 Financial Street Beijing People's Republic of China 100808
- IPO Date
- Jan 27, 2021
- Website
- psbc.com
- Similar Companies
- Business
- Postal Savings Bank of China Co., Ltd. is a Beijing-headquartered state commercial bank established in 2007, specializing in providing basic financial services with a strong focus on small and medium enterprises (SMEs), rural and low-income customers. Its core products and services include various deposit products (demand, time, personal call, certificate of deposits, foreign currency deposits); diverse loan offerings such as credit, mortgage, government, farmer, and merchant express loans; remittance and exchange services including cross-border remittance and personal exchange settlement; payment and collection agency services; personal housing, auto, consumer, and education loans; bank cards; as well as comprehensive online and mobile banking services. The bank operates an extensive network of approximately 40,000 outlets across China, serving over 600 million personal customers with a particular emphasis on agriculture, rural areas, and farmers, leveraging its postal network to enhance outreach and financial inclusion. Recent major developments include the strategic absorption and merger of its wholly-owned direct banking subsidiary, China Post YouHui WanJia Bank Co., Ltd., to optimize management and operational efficiency by integrating digital transformation achievements and online services. This consolidation supports the bank's focus on enhancing comprehensive mobile banking capabilities, improving online user experience with a mobile active user base nearing 86 million as of mid-2025, and reducing management costs. The bank has also been advancing its IT infrastructure with the launch of third-generation core systems for retail, corporate, credit card, and fund operations. Furthermore, Postal Savings Bank of China announced its 2025 Extraordinary General Meeting to address profit distribution and remuneration plans, reflecting ongoing corporate governance and strategic planning. Operating primarily in the retail banking and financial services industry, Postal Savings Bank of China targets urban and rural residents alongside SMEs across all regions of China. The bank is recognized for its significant role in supporting inclusive finance and rural development by providing microcredit solutions tailored for farmers and underserved populations. It sustains a prudent risk management approach while expanding its product portfolio and digital services to maintain competitive positioning in China's banking sector. The bank remains a key player among Chinese state banks, leveraging its specialized service model to foster socio-economic development in both urban and rural markets.