What does China Post Bank Limited mean?

Postal Bank of China Limited is a bank in China, established in 2006, formerly known as China Postal Savings Bank. This bank is wholly owned by China Post Group Corporation and is the only postal bank in China. The main business of China Postal Bank includes deposit, loan, credit card, electronic banking, investment and wealth management and financial market business. Its customers are mainly individuals and small and micro enterprise customers, and its business network covers all parts of the country, including cities, villages and rural areas, providing convenient, safe and efficient financial services for our customers. After the shareholding system reform, China Post Bank was listed in Hong Kong on 20 19, becoming the first China Post Bank to be listed in Hong Kong. As an important part of China Postal Group, Postal Bank of China has an important position and influence in the domestic financial market and postal services, and is an important force supporting China's economic development and postal services.