The difference between China Postal Savings Bank and China Postal Savings Bank

If you want to know the detailed difference or official statement, you can look it up online. There are many. I find it boring to say what I can find. As your future colleague, I'll tell you the specific difference.

In fact, it's not just you. Some customers and most people in some areas don't understand the difference between the two, and even people who work in the regulatory authorities don't necessarily understand it (we made a lot of jokes because of this).

First of all, the name of China Postal Savings Bank is essentially different from that of China Postal Savings Bank, because the use of the word "bank" must be approved by the relevant institutions in the State Council and cannot be called casually. You can refer to rural credit cooperatives and rural credit banks.

As far as affiliation is concerned, China Postal Savings Bank is an independent legal person and a wholly-owned subsidiary of China Post Group Corporation (at least for now), with vertical management and its own system. China Postal Savings Bank belongs to the local post office, but both of them are subsidiaries of China Post Group Corporation, and they are not subordinate to each other (in layman's terms, independent accounting and management).

In terms of business, China Postal Savings is a business section of China Post (generally called cash business or financial business), which is at the same level as other businesses, such as parcel delivery and confidential business. This is just a business. China Postal Savings Bank and China Postal Savings Bank are agents. To put it bluntly, China Postal Savings Bank accepted the business guidance and supervision (business audit) of China Postal Savings Bank on behalf of China Postal Savings Bank, and the relevant business statements were also made by the bank. Moreover, in simple terms, China Postal Savings only represents the personal debt business (deposit) and intermediary business of China Postal Savings Bank, but has no right to represent the asset business (loan) and corporate business of China Postal Savings Bank. In fact, this is quite an essential difference. To put it bluntly, China Postal Savings can only be related to personal deposits, and cannot be used for asset investment activities and corporate business such as loans and financing. It is not a full-featured banking financial institution, but China Postal Savings Bank can engage in corresponding business.

There is nothing to say about salary, because there is no comparison. As far as we are concerned, we are also a front desk teller (because there is no credit manager in the postal savings office), and the salary and benefits in the bank are slightly better, but the year-end bonus in the postal savings office is really extravagant. If you insist, you can have more room for financial development here at the Postal Savings Bank. If you are a credit account manager and have considerable customer resources, your income is indeed higher, not because of anything else.

In fact, the head offices of the two companies are the same. The image is that one mother gives birth to two babies, and they are inseparable. Therefore, they are closely related to each other. If you want to know more, please consult the local people. Because different places are different, anyway, our situation here is cooperation and competition. ...

Almost, because there are many, really endless, but you know that these are basically enough. If there is anything else you want to know, please contact me. ...