Friday, January 22, 2021
Tags Postal Savings Bank of China

Tag: Postal Savings Bank of China

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.

Postal Savings Bank of China Enters Fintech Innovation Agreement with Ant Financial

China's recently anointed sixth big state-owned bank has entered a cooperative agreement with fintech giant Ant Financial.

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.