State-owned banks expanded to six postal savings banks

February 14, the reporter learned that the latest document of the Banking and Insurance Regulatory Commission listed the postal savings bank as a "large state-owned commercial bank", consistent with the establishment of diplomatic relations between workers and peasants, and the previous document also listed it as a "postal savings bank".

In response, both the insiders of the Postal Savings Bank and Dong Xizhao, Vice President of Chongyang Institute of Finance, Renmin University of China, told the Financial Associated Press that in March last year, the institutional reform of the Banking Insurance Regulatory Commission changed the supervision department of the Postal Savings Bank from a policy bank department to a large bank department. In addition, Dong Xizhao said that this adjustment is more in line with the status quo of postal savings banks in terms of ownership structure, size and so on.