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Postal Savings Bank of China Releases 2024 Pillar 3 Disclosure Report on Capital Management

Story Highlights
  • Postal Savings Bank of China focuses on retail banking with a wide range of financial services.
  • The 2024 report emphasizes the bank’s capital management and risk practices for stability.
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Postal Savings Bank of China Releases 2024 Pillar 3 Disclosure Report on Capital Management

An update from Postal Savings Bank of China Co., Ltd. Class H ( (HK:1658) ) is now available.

The 2024 Pillar 3 Disclosure Report from Postal Savings Bank of China Co., Ltd. outlines the bank’s capital management strategies and risk management practices. It details key prudential regulatory indicators, risk-weighted assets, and the composition of capital and total loss-absorbing capacity. The report highlights the bank’s commitment to maintaining robust financial health and regulatory compliance, which is crucial for its operational stability and stakeholder confidence.

More about Postal Savings Bank of China Co., Ltd. Class H

Postal Savings Bank of China Co., Ltd. operates in the financial services industry, primarily focusing on providing banking services. It is known for its extensive network and customer base, offering a range of financial products including savings, loans, and investment services, with a significant focus on retail banking.

YTD Price Performance: 13.54%

Average Trading Volume: 66,870,494

Technical Sentiment Signal: Sell

Current Market Cap: HK$554.1B

See more data about 1658 stock on TipRanks’ Stock Analysis page.

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