Full Year 2024 Postal Savings Bank of China Co Ltd Earnings Call (Chinese, English) Transcript

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Apr 02, 2025

Apr 02, 2025 / 02:00AM GMT
Guoyu Zheng - Postal Savings Bank of China Co Ltd - Chairman of the Board

(audio in progress) to our bank.

In addition, government is now boosting the consumption and this may provide a new opportunity for the development of the personal finance. We'll continue to cultivate rural finance, inclusive finance and personal finance so that we can become the leading financial institution for rural revitalization and benchmark for inclusive finance as well as the preferred bank for personal finance short services.

Third, we'll focus on balanced development, making our business sectors as new growth engine. I think it is essential for PSBC to support the rural economy and build the resilient balance sheet and structure of our business. Compared to the industrial leaders, PSBC started relatively late in the banking business. However, with years of development, we have seen new opportunities for progress and the potential for growth using the financial services.

We will strengthen corporate banking by increasing business volume and enhance service quality, supporting the development of

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