Postal Savings Bank of China Co Ltd traded at 5.00 this Wednesday May 13th, decreasing 0.03 or 0.60 percent since the previous trading session. Looking back, over the last four weeks, Postal Savings Bank of China lost 0.99 percent. Over the last 12 months, its price fell by 6.72 percent. Looking ahead, we forecast Postal Savings Bank of China Co Ltd to be priced at 4.93 by the end of this quarter and at 4.64 in one year, according to Trading Economics global macro models projections and analysts expectations.
POSTAL SAVINGS BANK OF CHINA CO., LTD. is involved in the provision of banking and related financial services in China. The Bank mainly operates four business segments. Personal Banking Business segment provides a wide range of products and services to individual customers, including Renminbi and foreign currency deposits, loans, bank cards and fee- and commission-based products and services. Corporate Banking Business segment provides diversified financial products and services for corporate banking customers, including corporate loans, discounted bills, corporate deposits, and fee- and commission-based products and services such as settlement, investment banking, custodian, corporate asset management and international trade finance. Treasury Business segment consists primarily of financial market business, including trading, investment, interbank financing and interbank bill rediscounting, as well as asset management business. The Bank also operates Other Business segment.