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Postal Savings Bank of China

Fitch cuts outlook for China’s state-owned banks from stable to negative citing Beijing’s limited capacity to support them

by Anas Siddiqui
Fitch cuts outlook for China’s state-owned banks from stable to negative citing Beijing’s limited capacity to support them

Regarding the adjustment for the banks’ outlook, Fitch said on Tuesday that the current size of China’s banking system is an important factor limiting the amount of support the central …

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Agricultural Bank of China, China Construction Bank, BOC and Postal Savings Bank of China post earnings growth amid ‘positive signs of recovery’ in economy

by Anas Siddiqui
Agricultural Bank of China, China Construction Bank, BOC and Postal Savings Bank of China post earnings growth amid ‘positive signs of recovery’ in economy

“In 2024, we will adhere to the general principle of pursuing progress while maintaining stability, and will act as a major bank serving the real economy and as a cornerstone …

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