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.

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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.

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