On December 18, 2015, Postal Savings Bank of China (PSBC) won the award “Best Bank in Risk Management of the Year” at the awarding ceremony of the “2015 Chinese Financial Institution Gold Medal List” with its excellent performance and innovation in risk management.
PSBC has continuously enhanced building of the comprehensive risk management system, improved internal control and compliance management, and adhered to the prudent risk preference of “moderate risk, moderate return”. Through innovative management methods such as developing micro loan technology and innovating in guarantee methods with mortgage (pledge), the Bank made admirable achievements in risk management amid deepened reforms and transformation and rapid development of various businesses.
It’s learnt that “Chinese Financial Institution Gold Medal List” is an important national annual selection campaign for the financial industry launched by Financial News together with the Institute of Finance and Banking, CASS and attracts wide attention in the industry.
China Post News