The Postal Savings Bank of China (PSBC) has extended 70 billion yuan (10.2 billion U.S. dollars) in loans to small and medium-sized enterprises since it started giving small loans last June, PSBC governor Tao Liming said.
Read MoreThis figure represents 77.5% of all the 7,108,373 bills managed in 2008.
Read MorePOS Malaysia, which has teamed up with RHB Bank Bhd to offer the bank’s financial services at post offices, will start a pilot project with Malayan Banking Bhd (Maybank) for the same services by the end of this year.
Read MoreLithuanian Post (Lietuvos Pastas) may be partially privatised or sold off completely after 2010, reports HellMail.
Read MoreDeutsche Post said that it plans to exit the retail business and close all of the post offices it operates alone. Branches operated jointly with Postbank will continue to stay open.
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