Postal Savings Bank of China
The Postal Savings Bank of China, or PSCB, is a Beijing-headquartered state commercial bank. The bank has approximately 40,000 outlets and services covering over 600 million personal customers as of 2022, and focuses on providing financial services to Sannong customers, urban and rural residents and small and medium enterprises (SMEs).
China deems 19 banks 'too big to fail'
China deems 19 banks 'too big to fail'
These banks face new capital and regulatory requirements.
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Its initiatives enhanced road safety, addressed overloaded vehicles, and enabled prescriptive maintenance.
