DBS Bank (Hong Kong) has partnered with the Postal Savings Bank of China (PSBC) to take part in the Wealth Management Connect scheme on Oct 19.
DBS Bank (Hong Kong) is the bank’s largest franchise outside of Singapore.
PSBC is a leading retail bank in China and is one of the largest state-owned banks in the country. The bank targets “sannong” customers and small and medium-sized enterprises (SMEs). “Sannong” refers to agriculture, rural areas and farmers.