
Postal Savings Bank of China (PSBC) is one of China's largest state-owned commercial banks, with a history tracing back to 1919 when postal savings services were first established. PSBC was formally incorporated in 2007, restructured into a joint-stock company in 2012, listed on the Hong Kong Stock Exchange in 2016, and on the Shanghai Stock Exchange in 2019, completing its three-step reform of corporatization, strategic investment introduction, and dual A/H listing. PSBC operates the largest retail banking network in China with nearly 40,000 outlets, primarily leveraging the postal system's extensive reach into rural and urban areas. The bank serves over 600 million retail customers and manages trillions of RMB in assets.
Postal Savings Bank of China (PSBC) is one of China's largest state-owned commercial banks, with a history tracing back to 1919 when postal savings services were first established. PSBC was formally incorporated in 2007, restructured into a joint-stock company in 2012, listed on the Hong Kong Stock Exchange in 2016, and on the Shanghai Stock Exchange in 2019, completing its three-step reform of corporatization, strategic investment introduction, and dual A/H listing. PSBC operates the largest retail banking network in China with nearly 40,000 outlets, primarily leveraging the postal system's extensive reach into rural and urban areas. The bank serves over 600 million retail customers and manages trillions of RMB in assets.