Postal Savings Bank of China Co Ltd 2023 AR2
The report highlights Postal Savings Bank of China's (PSBC) financial and operational performance for the fiscal year 2023. The company achieved an operating income of RMB 342,912 million, representing a year-on-year increase of 2.24%, and a net profit of RMB 86,424 million. PSBC made significant progress in its strategic growth poles, with personal assets under management (AUM) reaching RMB 15.23 trillion and inclusive loans to small and micro enterprises growing to RMB 1.46 trillion. In sustainability, the bank expanded its green loan balance to RMB 637,878 million, representing a 28.46% increase, and launched innovative green finance products, including China's first carbon reduction supporting tool linked with e-CNY.
Company: Postal Savings Bank of China Co Ltd
Sector: Financials
Country: China
Year: 2023
Type: AR2
Pages: 451
Postal Savings Bank of China Co Ltd
Annual Report
The report highlights Postal Savings Bank of China's (PSBC) financial and operational performance for the fiscal year 2023. The company achieved an operating income of RMB 342,912 million, representing a year-on-year increase of 2.24%, and a net profit of RMB 86,424 million. PSBC made significant progress in its strategic growth poles, with personal assets under management (AUM) reaching RMB 15.23 trillion and inclusive loans to small and micro enterprises growing to RMB 1.46 trillion. In sustainability, the bank expanded its green loan balance to RMB 637,878 million, representing a 28.46% increase, and launched innovative green finance products, including China's first carbon reduction supporting tool linked with e-CNY.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 28, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees