What activities does the Postal Bank hold every New Year’s Day?

Business promotions that get off to a good start are usually held after New Year's Day and before Spring Festival; it is possible that the Postal Savings Bank business departments in some places are now conducting business promotions.

The full name of Postal Bank is Postal Savings Bank of China. Introduction to Postal Savings Bank of China Postal Savings Bank of China was officially established on March 20, 2007. It is a commercial bank established on the basis of reforming the postal savings management system. Postal Savings Bank of China will inherit the postal financial business operated by the former State Post Bureau and China Post Group Corporation and the resulting assets and liabilities, and will continue to engage in business approved and approved by the original business scope and business license documents. The existing business offices, trademarks, Internet domain names and consultation service telephone numbers of Postal Savings Bank of China Co., Ltd. will remain unchanged and will continue to be used by the joint-stock company, and all businesses will continue as usual. Customers do not need to go through any change procedures.

1. What are the functions of banks:

1. Act as a credit intermediary. This is the most basic and essential function of a bank. By absorbing deposits, banks mobilize and concentrate all idle monetary funds in society, and then allocate them to enterprises and individuals in need of funds in the form of loans, thereby becoming an intermediary between lenders and borrowers of monetary funds and adjusting the surplus and shortage of monetary funds. of intermediaries.

2. Act as a payment intermediary. By opening accounts for customers, banks act as intermediaries for currency settlement and currency receipts and payments between customers. Handling cash receipts, payments and transfer settlements through banks can speed up capital turnover and promote the smooth production and circulation of goods.

3. Turn savings and income into capital. Through liability business, banks can change the savings and income used for consumption from sporadic to huge, from idle to useful, from short-term to long-term, and then provide the collected monetary funds to producers and operators through asset business. Turning income into capital is conducive to expanding the total amount of social capital and accelerating the development of social production and circulation.

2. What is the bank’s annual interest rate:

The annual interest rate on deposits:

1. The interest rate on demand deposits is 0.35%.

2. Time deposit, deposit in lump sum: deposit for three months, the interest rate is 1.1%; deposit for six months, the interest rate is 1.3%; deposit for one year, the interest rate is 1.5%; deposit for two years, the interest rate is 1.5% The interest rate is 2.1%; if you deposit for three years, the interest rate is 2.75%.

3. Partial deposits, partial withdrawals, principal deposits and interest: deposit for one year, the interest rate is 1.1%; deposit for three years, the interest rate is 1.3%.

4. Fixed deposit and live deposit are both convenient, with a 40% discount on the interest rate for regular deposits and withdrawals within one year.

5. Agreement deposit, the interest rate is 1.15%.

6. Notice deposit: deposit for one day, the interest rate is 0.8%; deposit for seven days, the interest rate is 1.35%.

The annual interest rate of the loan: the interest rate for the loan within one year (including one year) is 4.35%; the interest rate for the loan for one to five years (including five years) is 4.75%. For loans over five years, the interest rate is 4.90%.