金融面面观 本报讯 （广西云-广西日报记者冼妍杏 通讯员何潇）新年伊始，来宾正大现代农业有限公 司旗下猪场的存栏种猪通过创新的金融交易，被赋予了新的"使命"——从"生物资产"转变为"资金活 水"。 2025年12月30日，来宾正大现代农业有限公司种猪"售后回租"项目成功落地。项目由交通银行子 公司交银金融租赁有限责任公司与交通银行广西区分行共同开展，是交通银行系统首单生物性资产融资 租赁项目，旨在破解新型农业经营主体"融资难"问题。 一直以来，生物性资产具有生命性、流动性和 价值波动性等特点，在传统信贷模式下很难被认定为合格有效的抵押物，致使农业经营主体面临融资窘 境。生物性资产的价值评估难、风险监控难，常常让金融机构望而却步。为给"活资产"精准定价，交银 金租的团队多次到来宾正大现代农业有限公司实地调研，围绕种猪的品种、生产性能、养殖成本、交易 价值等方面，建立科学的动态评估模型以评估猪只价值，为其充当租赁物奠定基础。 生物性资产融资 的核心挑战在于风险的识别、评估与管理。交银金租通过对猪只身份标识、养殖场所、防疫体系和保险 覆盖等全流程监控，建立租赁物意外死亡替换机制，实现对租赁物的严格管理；设计"租赁物 ...

◎记者 聂林浩 黄海之滨，财智汇聚。近日，交通银行青岛分行携手交银理财成功举办"沃野万理·共见未来——沃德财 富万里行"全国巡回路演青岛站活动。 青岛站活动还邀请了哈佛大学梅森高级研究员郑科对2026年全球经济与配置策略进行分享。郑科表示， 当前全球经济呈现"梯形分化"特征，增长动力与风险并存。在此背景下，他提出了多元平衡的资产配置 建议，即采用"哑铃型"配置，并通过基金等工具实现组合的多元化与灵活性。 交银理财渠道部副总经理夏鹏飞则围绕银行理财的投资价值与产品体系进行了分析。夏鹏飞表示，在利 率下行背景下，银行理财作为稳健型投资品，其避险价值与稳定收益特性仍受市场认可。面对股票市 场，理财产品以绝对收益为导向，注重控制回撤与实现业绩达标，是资产配置中的重要组成部分。 夏鹏飞表示，交银理财依托交通银行综合实力，具备覆盖存款、债券、非标、权益等全品类资产的配置 能力。在产品布局上，交银理财构建了覆盖现金管理、固收持有期、封闭式、多元核心及"主题卫星"等 五大策略的完整产品线，期限结构与风险收益特征清晰，以适应不同市场环境与客户需求。此外，交银 理财在养老理财等试点领域也积累了良好业绩。 刘剑平称，接下来，交通银 ...

Summary of Key Points Core Viewpoint - The five major state-owned banks in China have disclosed the salaries of their chairpersons and presidents for the year 2024, with all chairpersons earning over 1.15 million yuan annually [2][5]. Group 1: Chairpersons' Salaries - The chairperson of China Construction Bank, Zhang Jinliang, has an annual salary of 1.1767 million yuan, starting from March 2024 [5][6]. - The chairperson of Industrial and Commercial Bank of China, Liao Lin, has an annual salary of 1.1665 million yuan, starting from February 2024 [5][6]. - The chairperson of Bank of China, Ge Haiqiao, has an annual salary of 1.1635 million yuan [5][6]. - The chairperson of Bank of Communications, Ren Deqi, has an annual salary of 1.1538 million yuan [5][6]. - The chairperson of Agricultural Bank of China, Gu Shu, has an annual salary of 1.1528 million yuan [5][6]. Group 2: Presidents' Salaries - The president of Industrial and Commercial Bank of China, Liu Jun, has an annual salary of 778,700 yuan, starting from May 2024 [3][7]. - The president of Agricultural Bank of China, Wang Zhiheng, has an annual salary of 673,800 yuan, starting from June 2024 [3][7]. - The president of Bank of China, Zhang Hui, has an annual salary of 97,200 yuan, starting from December 2024 [3][7]. - The president of China Construction Bank, Zhang Yi, has an annual salary of 793,100 yuan, starting from May 2024 [3][7]. - The president of Bank of Communications, Zhang Baojiang, has an annual salary of 673,000 yuan, starting from June 2024 [3][7]. Group 3: Highest Salaries Among Executives - The highest salary among executives is held by Song Jianhua, Senior Business Director of Industrial and Commercial Bank of China, with a total of 1.4746 million yuan [9][10]. - The highest salary in Agricultural Bank of China is held by former Chief Risk Officer Wu Gang, with a total of 1.4531 million yuan [9][10]. - The highest salary in Bank of China is held by former Risk Director Zhao Rong, with a total of 1.4062 million yuan [9][10]. - The highest salary in China Construction Bank is held by Chief Financial Officer Sheng Liuyong, with a total of 1.4831 million yuan [9][10]. - The highest salary in Bank of Communications is held by Chief Risk Officer Liu Jianjun, with a total of 1.376 million yuan [12]. Group 4: Overall Salary Distribution - The total salary expenditure for Agricultural Bank of China is the highest among the five banks, exceeding 107.895 billion yuan [14][15]. - The average salary for employees in Bank of Communications is the highest at 316,400 yuan, while the other banks have average salaries below 300,000 yuan [15]. - The total salary expenditure for Industrial and Commercial Bank of China is over 95.747 billion yuan, while China Construction Bank's total is 88.276 billion yuan [14][15].

Core Insights - In 2025, financial institutions received a total of 8,328 fines, a year-on-year decrease of 8.41%, while the total amount of fines reached 3.065 billion yuan, an increase of 27.55% [1][2] Group 1: Penalty Overview - The National Financial Supervision Administration issued 5,368 fines totaling 1.916 billion yuan, the central bank issued 2,003 fines totaling 908 million yuan, the Securities Regulatory Commission issued 685 fines totaling 146 million yuan, and the State Administration of Foreign Exchange issued 185 fines totaling 88.49 million yuan [2] - Monthly distribution shows peaks in December, January, and July for the number of fines, with September and December having higher total fine amounts [4] Group 2: Institution-Specific Penalties - Banks received 5,313 fines in 2025, a decrease of 8.88% year-on-year, with total fines amounting to 2.461 billion yuan, an increase of 40.63% [7] - Insurance institutions received 2,166 fines, a decrease of 5.5%, with total fines of 325 million yuan, a decrease of 3.56% [7] - Securities firms received 195 fines, a significant decrease of 42.98%, but the total fines increased by 56.69% [7] Group 3: Major Penalty Cases - In 2025, there were 8 fines exceeding 50 million yuan, with the largest fine of 97.9 million yuan issued for issues related to company governance, loans, and asset quality management [13] - A village bank in Dalian had its financial license revoked due to multiple severe violations, marking a significant regulatory action [14] - A bank president was sentenced to death with a two-year reprieve for illegal lending and bribery, highlighting severe consequences for financial misconduct [15][16] Group 4: Compliance Characteristics - The main areas of violations for banks in 2025 were in credit business, anti-money laundering, and inadequate internal controls [22] - Insurance companies faced penalties primarily for untrue financial/business data and misleading sales practices [23] - Securities firms' violations were concentrated in personnel misconduct, investment banking, and internal control issues [24][25] Group 5: Anti-Money Laundering Violations - There was a significant increase of 188.25% in penalties related to anti-money laundering violations, with 1,349 fines issued [26] - Common violations included failure to identify customer identities and improper transaction reporting [26] Group 6: Data-Related Violations - Penalties related to data violations increased by 44.65%, with 554 fines issued, primarily affecting banks and insurance companies [27] Group 7: Penalty Rankings - Among non-banking institutions, Donghai Securities faced the highest fines at 60 million yuan, followed by China People's Property Insurance and China Pacific Property Insurance [30]

Core Viewpoint - Recently, Bank of Communications (601328) has undergone a business change, increasing its registered capital from approximately 74.26 billion to about 88.36 billion yuan [1] Group 1 - The registered capital of Bank of Communications has increased by approximately 46.5% [1]

Group 1 - The core issue involves the illegal and irregular practices of the Shaanxi branch of Bank of Communications, including imprudent issuance of fixed asset loans and inadequate management of bank acceptance bills [1][2] - The Shaanxi Financial Regulatory Bureau imposed a fine of 2.53 million yuan on the Bank of Communications, indicating a significant regulatory response to the violations [1][2] - Specific individuals, including Niu Bo and Yao Shufang, received warnings, while Lin Yaxin was warned and fined 50,000 yuan for their roles in the violations [1][2]

Group 1 - The core issue addressed is the challenges in pre-paid consumption, particularly regarding refunds and consumer rights protection, prompting a discussion on establishing a collaborative model involving "pre-paid consumption platforms + insurance + banks" [1][3] - The successful implementation of "reassured consumption insurance" is highlighted as a new approach to resolving disputes in pre-paid consumption, indicating a shift in consumer rights protection strategies [3] - The meeting involved various stakeholders, including banks and insurance companies, discussing the feasibility of the new model, focusing on transaction management, fund supervision, and risk data integration [3] Group 2 - Participants emphasized the need to clarify collaboration mechanisms, cost-sharing, and merchant incentives to effectively implement the new model [3] - The regulatory body called for thorough research and communication among stakeholders to refine the model framework and address key issues, laying the groundwork for future pilot projects [3]

Core Viewpoint - The Shaanxi Regulatory Bureau of the National Financial Supervision Administration has imposed a fine of 2.53 million yuan on the Shaanxi branch of Bank of Communications and related personnel for various violations in loan management practices [1][2]. Group 1: Penalties and Violations - The Shaanxi branch of Bank of Communications was fined 2.53 million yuan for imprudent issuance of fixed asset loans, inadequate management of bank acceptance bills after credit issuance, issuing working capital loans exceeding the actual needs of borrowers, and poor post-loan management of project loans [1][2]. - Individuals involved, namely Niu Bo and Yao Shufang, received warnings, while Lin Yaxin was given a warning and fined 50,000 yuan [1][2].

北京商报讯（记者 宋亦桐）1月6日，国家金融监督管理总局陕西监管局公布的行政处罚信息公示表显 示，交通银行股份有限公司陕西省分行因"发放固定资产贷款不审慎、银行承兑汇票授信后管理不到 位、超过借款人实际需求发放流动资金贷款、项目贷款贷后管理不到位"违法违规行为，被罚款253万 元；监管机构对相关责任人员牛博、姚淑芳分别给予警告，对林雅欣给予警告并罚款5万元。 ...

记者丨叶静 编辑丨曾芳 根据同花顺统计，截至1月6日，A股上市银行2025年度报告预约披露时间均出炉，平安银行将 成为最早披露年报的上市银行，预约披露时间为3月21日，这已经是平安银行连续第二年率先 披露年报了。 从上市银行整体年报披露节奏来看，3月31日当日有10家银行披露2025年的"成绩单"为最多的 一日。进入4月份，4月23日上市银行年报披露将迎来另一个高峰，当日有7家上市银行选择在 此期间披露。 目前市场对于银行年报都较为关注，2025年，在31个申万一级行业中，银行板块指数上涨 12.05%，跑输沪深300（上涨17.66%）。表现虽不及2024年的46.67%，但A股42家银行的总 市值突破15万亿元大关，较2024年12月31日收盘时的总市值增加约2.1万亿元。 42家银行中，有35家上涨，其中农业银行的涨幅最大，全年上涨52.66%，其次是厦门银行和 浦发银行，分别上涨35.78%和24.56%。 2025年，银行板块表现强势主要受益于资金面和基本面的双重驱动。从资金面来看，被动指数 基金、北向资金和保险是2025年买入银行板块的重要增量资金。从基本面来看，上市银行业绩 长期稳定，拨备安全垫 ...