On March 30, at the 2025 annual results presentation held by Postal Savings Bank Of China Co., Ltd. (PSBC), Executive Vice President Xu Xueming commented on the bank's non-interest income and intermediate business revenue. He stated that overall, he is highly confident about the development of PSBC's non-interest and intermediate business operations in 2026.
Looking ahead to 2026, Xu Xueming indicated that the growth of the bank's non-interest business is supported by multiple favorable factors. These include a gradual recovery in the foreign exchange market, as well as national policies aimed at expanding domestic demand, stimulating consumption, and stabilizing the stock market, which together create a positive external environment for the development of intermediate business.
Xu Xueming outlined that PSBC will focus on three key areas moving forward:
First, the bank will concentrate on its core AUM wealth management business, shifting from product sales to asset allocation services. It aims to build a competitive edge in agency sales and drive the transformation of PSBC from a traditional savings bank into a wealth management bank.
Second, PSBC will emphasize low-capital businesses to expand service-based revenue. It plans to vigorously develop investment banking, asset custody, and corporate settlement services, which will help attract more customers and increase intermediate business income. Special attention will be given to cultivating green intermediate business that does not consume capital.
Third, the bank will focus on transaction flow to enhance its fund operation capabilities. It intends to accurately capture market fluctuations, strengthen directional trading, swing trading, and market-making activities, and build a diversified profit portfolio.
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