Bank Pos Indonesia: PT China Post Financial Asset Investment Co., Ltd. Disetujui untuk Beroperasi

Bank of China Commercial News (Reporter Meng Fanxia, Zhou Yili) announced on March 20 that the Postal Savings Bank received the “Approval from the State Financial Supervision and Administration Bureau for the Opening of China Post Financial Asset Investment Co., Ltd.” According to the approval, the bank’s newly established China Post Financial Asset Investment Co., Ltd. (hereinafter referred to as “China Post Investment”) is permitted to commence operations. China Post Investment has a registered capital of 10 billion RMB and is registered in Beijing.

The Postal Savings Bank stated that the approval for China Post Investment to open is an important measure in response to the national call and to serve the construction of a strong technological nation. As a key part of the bank’s comprehensive service strategy, China Post Investment is an important platform for implementing the “Five Major Articles” of finance. It will focus on serving the real economy by conducting pilot projects in market-oriented debt-to-equity swaps and equity investments, supporting technological innovation and private enterprises, helping develop new productive forces, improving the quality and efficiency of services to the real economy, and further promoting the bank’s high-quality development.