As a policy bank, PSBC follows the government’s lead in offering the simplest banking products to the widest possible base, including small rural businesses. Photo: Reuters

China policy bank raises US$7b in stake sale

In the run up to an expected listing next year, Postal Savings Bank of China sells a 17 per cent stake to international and domestic investors

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As a policy bank, PSBC follows the government’s lead in offering the simplest banking products to the widest possible base, including small rural businesses. Photo: Reuters
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