Recently, China Association for Public Companies announced the result of the solicitation on typical digital transformation cases in public companies in 2021. The case “Unified credit granting management system based on intelligent risk control to empower high-quality development of business” entered by the Postal Savings Bank of China (PSBC) stood out from the nearly 200 entries and was selected as one of the excellent cases.

As a dual-listed bank on both A-share and H-share markets, PSBC continues to strengthen technology empowerment, accelerate digital transformation, reinforce credit risk management and maintain robust operation, so as to support the high-quality economic and social development.

The unified credit granting management system based on intelligent risk control is the core system in PSBC’s credit risk management, and an independent information system which integrates the whole-process digitalization and the intelligent global limit control of credit granting. As an important achievement of PSBC's digital transformation, the system applies big data, artificial intelligence and other advanced technologies, aims at the objective of being intelligent, comprehensive, unified, green and real-time, and facilitates the overall and systematic implementation of PSBC’s unified credit granting management. Since its launch in March 2021, the system has covered all types of credit customers of PSBC, supported the development of all credit-granting business, and boosted PSBC to maintain its industry-leading asset quality.

The fact that the unified credit granting management system was selected as an excellent digital transformation case reflects the important progress and achievement PSBC has made in the field of intelligent risk control, and epitomizes PSBC's efforts in pushing forward digital transformation. Next, PSBC will continue to improve the digital risk control system, promote the transformation and upgrading of risk management, and enable the high-quality development of credit granting business, so as to better serve the real economy.