CG:601658 Postal Savings Bank Of China Ltd A

Postal Savings Bank of China Co., Ltd. provides various banking products and services for retail and corporate customers in the People's Republic of China. Its Personal Banking segment offers savings products, such as demand, time, personal call, time/demand optional, and foreign currency deposits; passbooks; certificate of deposits; micro, personal pledged, and personal business loans; debit and credit cards; wealth management products and funds; and life, property, health, and accident insurance products. This segment is also involved in distribution of fund products, electronic bonds, and precious metals; and provides payment and collection agency, various settlement, domestic remittance and exchange, cross-border remittance, personal exchange settlement and sale, and foreign currency exchange services. The company's Corporate Banking segment provides time, demand, call, and negotiated deposits; working capital, fixed asset, trade finance, stock pledge, land reserve, syndicated, real estate development, property mortgage, and consignment loans; cash management services; negotiable instruments; trade finance and international settlement services; and financial markets services. Its Treasury segment trades in financial products comprising money market, fixed income, and foreign exchange products, as well as derivatives and precious metals; invests in debt securities, equity instruments, and bond securities, as well as investment banking products. This segment is also involved in the interbank financing, asset management, and custody businesses. The company also provides online, mobile, and self-service banking services. As of December 31, 2019, it had 39,638 outlets, including 7,918 directly operated outlets and 31,720 agency outlets. The company was founded in 2007 and is headquartered in Beijing, the People's Republic of China. Postal Savings Bank of China Co., Ltd. Is a subsidiary of China Post Group Corporation.

5.52 CNY
As of 01/17/2022

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Emerging markets
GICS sector:  Financials
Industry:  Banks-Regional
Index country:  China
Country of incorporation:  China
IPO date:  12/10/2019
Stock exchange:    Shanghai Stock Exchange
Exchange country:   China
Market cap:   499,214,680,064 CNY
Current dividend yield:   3.70%
Sedol:      BL61XF9

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