Postal Savings Bank of China
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Postal Savings Bank of China - overview
Established
2007
Location
Beijing, -, China
Primary Industry
Financial Services
About
Based in Beijing, China, and founded in 2007, Postal Savings Bank of China is a postal savings commercial bank that mainly provides savings deposits, investment and financial management, payment and settlement services to individuals and companies. The bank has nearly 40,000 business outlets. The company was listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange. In January 2012, the bank was restructured into a joint stock company.
In March 2023, China Mobile Communications Group invested CNY 45 billion in the company. The bank mainly provides services such as savings deposits, investment and financial management, and payment and settlement. The investment and financial management projects include insurance, precious metals, government bonds, and funds. The bank also provides users with personal products for agriculture, rural areas, and farmers.
Users can handle related services through electronic banking, mobile banking apps, etc. The bank generates revenue by providing services such as savings deposits, investment and financial management, and payment and settlement.
Current Investors
SDIC Chuangyi, China Mobile Communications Group, HNA Capital
Primary Industry
Financial Services
Sub Industries
Investment Banking, e-Financial, Commercial Banks, Insurance, Accounting/Finance Software
Website
www.psbc.com
Verticals
FinTech, FinTech, Mobile Apps
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Postal Savings Bank of China - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct, PIPE | Completed | Postal Savings Bank of China | - | ||||||||
| IPO | Completed | Postal Savings Bank of China | - | ||||||||
| PIPE | Completed | Postal Savings Bank of China | - | ||||||||
| IPO | Completed | Postal Savings Bank of China | - |
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