As the postal savings bank is expected to do Mortgages

China postal savings bank was set up in Beijing. China Post Group General Manager Liu An East of the bank chairman, former Secretary Tao Li Ming Chu Huiju Post as governor. It is understood that China postal savings bank will be fully inherited the postal savings and postal financial services assets and liabilities, and the use of the "postal savings" and "China postal savings bank" brand name.
China Postal Savings Bank Beijing Branch held a listing ceremony. This means that the city's 479 postal savings outlets began to make the postal savings bank Beijing Branch.

Microcredit will be opportunistic "cautious" in

Branch president Xu Xue-Ming said that the postal savings bank will gradually carry out the agents, consumer credit, housing mortgage loans and other banking business. Mainly for rural users of micro-credit business is expected to promote the city.

Mainly used to solve the problem of farmers 100,000 yuan of funds following non-collateral micro-credit, the first quarter of next year, will also expand to Beijing Pinggu District in the suburbs of all, after waiting for the opportunity in urban areas will be implemented.

In this regard, China Postal Savings Bank governor Tao Li Ming, not because of risk control, the business users in urban areas in the implementation would be more cautious, banks do not want to see no guarantee for urban residents through micro-credit for stock speculation, Purchases and other activities. As for the housing mortgage loan business, said Tao Li Ming, such as the postal savings bank in-house training and system construction is completed, will be launched next year opportunistic mortgage business.

This increase in two years to 700 ATM machines

It is learnt that the postal savings bank will invest 200 million yuan for the transformation of the network, this year and next year plans to deployed 700 ATM machines (ATMs), the Postal Savings service facilities and services at or near capacity as soon as possible to achieve the level of commercial banks .

According to the postal savings bank to provide the data, the postal savings business outlets in the city's financial institutions in the ranks third, of which more than 40 percent of the savings outlets and distribution networks in the suburbs of Beijing exchange in rural areas.

As of November 2007, Beijing postal savings deposit balance of 47 billion yuan in the city's financial institutions ranked fifth. Have savings accounts 12500000, "In other words, almost every member of the public are in possession of a postal savings account."