China Post Finance and Postal Savings Bank are both state-owned enterprises.
Is the postal bank the same as the postal savings bank?
Same. Postal Bank and Postal Savings Bank both have a standard full name: Postal Savings Bank of China Limited. People verbally call it Postal Bank and Postal Savings Bank.
But postal savings outlets are different from postal savings bank outlets. After the establishment of China Postal Savings Bank, the former Postal Savings Bank unified the title of China Postal Savings Bank, but according to the different business scope and jurisdiction, it was divided into postal savings outlets and China Postal Savings Bank outlets. Among them, postal savings outlets are managed and operated by post offices, and usually only accept debt-related businesses (such as personal savings deposits) and traditional businesses (such as letter and parcel delivery); China Postal Savings Bank is managed and operated by China Postal Savings Bank Co., Ltd., and usually accepts all financial services (such as personal and corporate savings deposits, wealth management, loans, etc.). ), but usually do not accept traditional business (such as letter and parcel delivery, etc.). ).
Therefore, the managers and managers of China Postal Savings Bank and Postal Savings Bank outlets are different, but the business handling and use methods are the same. In 2008, Postal Savings Bank and Postal Group Company realized the separation of postal and banking. The establishment of listed institutions was completed in September of that year, and accounting was completed with the wholly-owned parent company China Post Group at the end of 10.
After the separation, the Postal Savings Department is the agency network of the Postal Savings Bank, providing savings and agency business, with only deposits and no loans. Postal savings bank can carry out personal, corporate and credit business, and it is a real commercial bank. By the end of 20110, the total assets of Postal Savings Bank were nearly 4 trillion yuan, making it the sixth largest commercial bank after China Development Bank and Agricultural Bank of China. The balance of deposits is about 2.8 trillion, ranking fourth, second only to the three major banks of workers, peasants and China Construction. There are 37,000 outlets in most counties and major towns in China, and 65% outlets are located in rural areas at or below the county level. It is one of the largest retail commercial banks with the widest coverage in urban and rural areas and the largest number of outlets in China. 201165438+February 3 1 The share reform plan of the Postal Savings Bank was approved, and it was officially renamed as "China Post" on June 201265438+1October 2, 2065438.