For Rural Bank, Being Big Also Means Big Complexities

(Beijing) – Understanding the complexity of the Postal Savings Bank of China (PSBC) – a spin-off of the postal service operator and now the seventh-largest bank in the country – is difficult even though more than six years have passed since it was established.

The bank has never tapped the capital market for funds and thus has never been required to publish its financials. As a latecomer to banking, it is sitting on a huge stash of money that other big lenders have kept coming to for help whenever liquidity tightened.