Sunday, April 11, 2021
Tags Postal Savings Bank of China

Tag: Postal Savings Bank of China

Postal Savings Bank of China Plans to Raise $4.6 Billion via Private Placement with China Post Group

One of China's big state-owned banks hopes to raise a 30 billion yuan (USD$4.64 billion) via a private placement with one of...

Shanghai Tongren Hospital Trials Use of China’s First Digital Renminbi “Smart Card”

A leading hospital in Shanghai has seen the launch of a new "smart card" that serves as a physical vessel for the...

Postal Savings Bank of China Plans to Launch China’s Third Online Direct Bank

One of China's big six state-owned lenders has flagged plans to launch what will be the country's third online direct bank that...

Postal Savings Bank of China Enters Comprehensive Strategic Cooperative Agreement with JD.com’s Fintech Subsidiary

One of China's big six state-owned banks has entered a strategic cooperative agreement with the fintech subsidiary of a leading Chinese e-commerce...

Postal Savings Bank of China Deploys AI-Driven Big Data Project with Guidance of Central Bank

One of China's big six state-owned banks is making use of artificial intelligence (AI) and big data technology to augment operations at...

Postal Savings Bank of China Enters Strategic Cooperative Agreement with Meituan to Create “Financial Services Ecosystem”

Big six state-owned lender Postal Savings Bank of China (PSBC) is teaming up with Beijing-based e-commerce giant Meituan to create a "financial...

Postal Savings Bank Completes First Renminbi Interest Rate Options Trades on Interbank Market

China's interbank market has just seen the launch of a new category of derivatives trading.

Postal Savings Bank of China Grabs Approval for Issuance of 80 Billion Yuan in Perpetual Bonds

Big six state-owned lender the Postal Savings Bank of China (PSBC) has just grabbed approval from Chinese regulators for a bumper issuance...

Postal Savings Bank of China’s Shanghai IPO Could Be the Biggest This Decade

The Shanghai listing of one of China's big six state-owned banks could mark the biggest IPO on the mainland since the start...

Postal Savings Bank of China Opens Wealth Management Subsidiary

One of China's big six state-owned banks has opened its own wealth management subsidiary.

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Digital Renminbi Makes Its Debut on Renmin University Campus

Ongoing trials of China's Digital Renminbi have brought the central bank digital currency to one of the country's most prestigious tertiary institutions....

China’s Services Exports Surge over 20% since Start of 2021, Imports Plunge by More Than 18%

China has seen a sharp rise in its exports of services since the start of 2021, in tandem with a plunge in...

Liquidity to Come Under Modest Pressure in April Following Funds Contraction of 30 Billion Yuan in March

Liquidity in the Chinese finance system is expected to come under modest pressure in the month of April as a result of...

China Co-chairs G20 Sustainable Finance Study Group with United States

China will play a leading role in efforts by the G20 to develop solutions for the challenges faced by the global sustainable...