On March 30, at the 2025 performance conference of Postal Savings Bank of China (PSBC), President Lu Wei remarked, "I joined PSBC as a newcomer at the end of December last year. In less than 100 days, I have been actively learning about all aspects of the bank. Based on last year's operational performance, I have come to deeply appreciate that PSBC is a young and distinctive major state-owned bank."
Lu Wei further elaborated on several key strengths. First, the bank boasts a substantial scale and a solid foundation. It possesses an extensive and deeply embedded branch network, which is unparalleled in China's banking sector in terms of reach, penetration, and density. Secondly, PSBC serves a massive customer base, ranking fourth in the industry, spanning both urban and rural areas, representing a significant asset. Furthermore, the bank's balance sheet is robust. By the end of 2025, total assets reached 18.68 trillion yuan, with loans amounting to 9.65 trillion yuan and deposits totaling 16.54 trillion yuan, all ranking fifth in the industry, while growth rates remained among the highest for major state-owned banks. In terms of capital strength, PSBC's Tier 1 capital consistently held the 12th position in The Banker's Top 1000 World Banks ranking. A capital injection of 130 billion yuan from the state last year further bolstered its capital base.
Lu Wei emphasized that PSBC is unequivocally a major state-owned bank. More notably, it has maintained a stable and positive development trend over recent years, laying a solid foundation for accelerated future growth.
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