Postal Savings Bank of China Co., Ltd. is a leading bank in China with a strong presence in the industry. Headquartered in Beijing, the bank has a medium risk rating score of 27.5 in terms of ESG (environment, sustainability, and governance). Established in 2007 as the postal savings and remittance business of China Post Group, the bank has grown to become the fifth-largest commercial bank in China by deposits and the sixth-largest by assets. With over 500 million individual customers and more than 40,000 outlets, it has one of the largest customer bases and distribution networks in the country. The bank completed its joint-stock reform in 2012 and got listed on both the Hong Kong and Shanghai stock exchanges in 2016 and 2019 respectively.