As of March 23, the scale of micro loans granted by the Postal Savings Bank of China (hereinafter referred to as PSBC) has exceeded 1 trillion yuan (about 157.2 billion US dollars).
Since its establishment, PSBC has always adhered to the positioning of serving "agriculture, rural areas and farmers", urban and rural residents and small and medium-sized enterprises, provided efficient and convenient financial support for farmers, self-employed households and small and micro enterprise owners, and walked side by side with customers to make common progress in pursuing a better life. Over the past 15 years, PSBC has granted more than 6 trillion yuan (about 943.2 billion US dollars) micro loans to more than 50 million customers, with each loan being only over 100 thousand yuan in average. PSBC has nearly 40 thousand business outlets and a team of nearly 20 thousand customer managers for micro-credit loans. Especially in recent years, PSBC has accelerated the financial digitization related to "agriculture, rural areas and farmers", innovated and launched micro “Speedy Loan”, accelerated the promotion and application of mobile PAD, thus realized the entire process of digital operation for micro loans, providing door-to-door, online and offline integrated, efficient and warm financial services.
2022 is the 15th anniversary of the establishment of the PSBC. Starting from the breakthrough of 1 trillion yuan (about 157.2 billion US dollars) in micro loans, PSBC will continue implementing the decisions and arrangements of the CPC Central Committee and the State Council, firmly stick to the positioning of serving "agriculture, rural areas and farmers", urban and rural residents and small and medium-sized enterprises. PSBC will also continue to strengthen the enabling role of technologies, continuously optimize the service mode of "online and offline" organic integration via digital transformation, further improve the quality and efficiency of micro loan services, facilitate the production and business operation and the entrepreneurship of hundreds of millions of farmers, self-employed households and small and micro enterprise owners, and make greater contributions to promoting rural revitalization and the construction of new urbanization and realizing prosperity for all.