Postal Savings Bank of China Co Ltd 2020 Annual Report with Sustainability Disclosures
Company: Postal Savings Bank of China Co Ltd
Sector: Finance & insurance
Country: China
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 527
The report describes PSBC's 2020 performance as combining large-scale inclusive finance with green banking: green loans reached RMB280,936 million, while ESG factors were incorporated into credit approval and climate-risk management. It reports 622 million personal customers and 194,527 employees, alongside targeted poverty-alleviation lending and digital financial services. The report also identifies Board-level oversight of green-bank building and a mission to deliver accessible financial services in urban and rural areas.
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