Banco Postal Chinês: China Post Fintech Asset Investment Co., Ltd. aprovada para começar operações

Beijing Business Daily (Reporter Meng Fanxia, Zhou Yili) announced on March 20 that Postal Savings Bank of China (PSBC) has received the approval from the National Financial Regulatory Administration for the establishment of China Post Financial Asset Investment Co., Ltd. According to the approval, the bank’s subsidiary, China Post Financial Asset Investment Co., Ltd. (hereinafter referred to as “China Post Investment”), is authorized to commence operations. China Post Investment has a registered capital of 10 billion RMB and is registered in Beijing.

PSBC stated that the approval for China Post Investment to start operations is an important measure in response to the national call and to serve the construction of a strong technological nation. As a key component of the bank’s comprehensive service strategy, China Post Investment is an important platform for implementing the “five major financial articles,” focusing on serving the real economy. It will carry out 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.