UBS $2 billion investment in Postal Savings Bank of China

Overview:

• Postal Savings Bank of China (PSBC) has raised $2 billion through an investment from UBS. 
• In total, PSBC has raised approximately $7 billion from a 17% stake sale to investors including UBS and JPMorgan, prior to a multi-billion dollar IPO.
• The transaction is the single biggest private fundraising in China’s financial industry with the 10 investors drawn to the bank’s customer base of almost a population of 500 million.
• This transaction is one of the largest strategic investments in Chinese financial institutions in recent years. 

Hanna Rae Choi - Researcher