Project Data
Title of Component: PSBC Microfinance and Retail Banking Project
Duration: 02/2008 - 01/2010
Objective: By providing counseling services to Postal Savings Bank of China during their transformation into a professional financial intermediary for rural areas, an important contribution is made to the stability of the Chinese financial sector and the participation of the rural population in the economic boom in China.
German Contribution: 2,000,000.-EUR + 600,00.- EUR grant from Deutsche Postbank AG
Commissioned by: German Federal Ministry for Economic Cooperation and Development (BMZ)
Lead executing agency: Postal Savings Bank of China
Other Partner Organizations: China Post
Place: Beijing, various pilot branches country-wide
Thematic Focus:
- Support of transformation process of Postal Savings Bank of China
- Support in the development of micro-credit products