Is China Postal Savings Bank a state-owned bank or a state-owned commercial bank?

It is a state-owned commercial bank.

China Postal Savings Bank of China (PSBC) was formally established on March 2th, 27. It is the fifth largest bank in China and a state-owned commercial bank established on the basis of reforming the postal savings management system.

China Postal Savings Bank has inherited the postal finance business operated by the former State Post Bureau and China Post Group Corporation and the assets and liabilities arising therefrom, and will continue to engage in the business approved by the original business scope and business license documents.

China Postal Savings Bank is a leading large-scale retail commercial bank in China. It aims to serve the community, small and medium-sized enterprises and "agriculture, countryside and farmers" and is committed to serving the most dynamic customer groups in China's economic transformation.

Extended information:

On February 11, 219, China Banking and Insurance Regulatory Commission issued the List of Legal Persons of Banking Financial Institutions (as of the end of December 218). Among the types of institutions, China Postal Savings Bank is listed as a large state-owned commercial bank, which ranks with workers and peasants in establishing diplomatic relations. This is the first time that the Postal Savings Bank has been listed as a large state-owned commercial bank in the regulatory documents, and it was listed as "Postal Savings Bank" before.

China Postal Savings Bank obtained the qualification of securities investment fund custody in July 29, becoming the 16th custodian bank with the qualification of securities investment fund custody in China.

It can trust various assets such as securities investment funds, bank wealth management products, trust products, special account wealth management products and brokerage wealth management, and provide customers with safe, efficient and professional custody services such as account opening, property custody, fund settlement, accounting, investment supervision, information disclosure and custody reports.

Baidu Encyclopedia-China Postal Savings Bank