Postal Savings Bank of China, formerly known as Postal Savings Bureau of China, was established in 1986 and is one of the earliest institutions in China to carry out savings business.
In 2007, the Postal Savings Bureau of China was restructured into the Postal Savings Bank of China, becoming the sixth largest commercial bank in China and the largest retail bank in China.
In 2016, Postal Savings Bank of China was listed in both Hong Kong and Shanghai, becoming the largest listed bank in China and one of the largest listed companies in the world.
In 2020, the Postal Savings Bank of China achieved an operating income of 2,4579.6 billion yuan, a year-on-year increase of 89%；Net profit attributable to shareholders of the parent company was 1,8514.2 billion yuan, a year-on-year increase of 49%；Earnings per share attributable to shareholders of the parent company were 077 yuan, a year-on-year increase of 49%。
The business characteristics of Postal Savings Bank of China are "Three Rurals", "Inclusive Finance", "Retail" and "Community", that is, focusing on serving "Three Rurals" (rural areas, farmers and agriculture), taking inclusive finance as its own responsibility, retail business as the leading role, and community banks as its characteristics.
The Postal Savings Bank of China has the largest network in the country, with a total of 390,000, covering 99 nationwide9% of the county-level administrative areas, of which more than 70% are rural outlets, providing a solid foundation for rural financial services.
The Postal Savings Bank of China has the largest number of individual customers in the country, with a total of 6200 million households, accounting for 44% of the country's total population, of which rural customers account for more than 50%, providing strong support for farmers to increase their income and get rich.
Postal Savings Bank of China has the widest range of financial services in the country, in addition to traditional deposits, loans, wealth management, credit cards and other products, it also provides diversified financial products and services such as **, treasury bonds, insurance, trust, Internet finance, etc., to meet the different needs of customers.
The development strategy of Postal Savings Bank of China is "one body, two wings", that is, with retail banks as the main body, inclusive finance and community banks as the two wings, to build a modern financial service enterprise with international competitiveness.
The development goal of Postal Savings Bank of China is to achieve high-quality development of retail banking by 2024 and become a leading retail bank in China. By 2030, we will achieve full coverage of inclusive finance and become the world's leading inclusive bank; By 2050, the community bank will be fully upgraded to become a world-class community bank.
The development path of the Postal Savings Bank of China is "four transformations", that is, from scale to efficiency, from traditional to modern, from single to diverse, and from local to international.
Postal Savings Bank of China has actively fulfilled its social responsibilities, supported major national strategies, served national economic and social development, participated in social welfare undertakings, protected the ecological environment, and cared for employees and customers, which has won wide recognition and praise from the society.
The Postal Savings Bank of China closely cooperates with the national financial regulatory authorities to strengthen risk prevention and control, improve capital adequacy ratio, optimize asset quality, and ensure financial security and stability.
In response to major national strategies such as poverty alleviation, rural revitalization, and regional coordinated development, the Postal Savings Bank of China has increased financial support for the "Three Rurals", small and micro enterprises, and the private economy, so as to help alleviate poverty and rural revitalization.
The Postal Savings Bank of China has actively participated in social welfare undertakings such as fighting the novel coronavirus pneumonia epidemic, flood relief, education poverty alleviation, health poverty alleviation, and cultural poverty alleviation, and has demonstrated its sense of social responsibility and humanistic care.
Postal Savings Bank of China adheres to the concept of green development, promotes green finance, green credit and green operation, supports the development of clean energy, energy conservation and environmental protection, ecological protection and other fields, and contributes to the construction of a beautiful China.
Postal Savings Bank of China attaches great importance to the rights and interests of employees and customers, and improves employee training, incentives, benefits, security and other systems to improve employees' happiness and sense of belonging. Continuously optimize customer service, enhance customer experience, and enhance customer satisfaction and loyalty.