Postal Savings Bank of China (PSBC) officially launched the PSBC Consumer Finance at a ceremony held at the 17th Pearl River Finance Forum in Guangzhou, capital of south China's Guangdong Province, on November 20.
Authorized by China Banking Regulatory Commission (CBRC) and headquartered in Guangzhou, PSBC Consumer Finance has dedicated itself to providing domestic customers with multiple financial and consumption services and to injecting fresh vitality into the market.
At the opening ceremony, President of PSBC Lu Jiajin said that the newly founded firm would work closely with its shareholders to make a further exploration of financial and consumption services, better employ various social resources, lower operation costs, maximize profits and reach sound development under the leadership of PSBC.
Chairperson of PSBC Consumer Finance Lin Maoxin pledged on behalf of his enterprise to offer customers high-quality services, create a comprehensive platform with a focus on consumption and financial services, and enlarge the positive effects exercised by domestic consumption upon economic growth.
Those in attendance included President of China Post Group Li Guohua, Mayor of Guangzhou People's Government Chen Jianhua, and senior officials from local financial institutes.