Caixin OnlineFinance & EconomicsTop Stories Finance Can Grown-up Postal Savings Bank Manage Risk?
11.30.2011 14:23

Can Grown-up Postal Savings Bank Manage Risk?

Now that China's seventh-largest bank is no longer under the postal service's wing, credit control really matters
By staff reporter Zhang Yuzhe

Building a cash stockpile and lending 700 billion yuan to small business owners around the country was about as easy as licking a stamp for China Postal Savings Bank.


Yet cutting strings that traditionally tied the state-owned bank to its parent China Post Group, the government's mail and express delivery service, has seriously tested the bank's ability to manage small-loan risk and consistently behave like the financial giant it is.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
Sign up to receive our free daily newsletter