转自：新华财经 近年来，中国银行吉林省分行立足区域特色资源禀赋，精准对接文旅产业发展需求，在长春、珲春、辽 源等地因地制宜推出定制化服务方案，通过科技赋能、场景创新、特色信贷等举措，为全省文旅消费市 场注入金融动能。 科技赋能打造智慧冰雪消费场景 中国银行长春南湖大路支行聚焦冰雪文旅季，创新"科技+场景"服务模式。联合天定山滑雪场、长春冰 雪大世界投入300万元打造"智慧冰雪"项目，构建覆盖滑雪服务、酒店入住、消费支付的全场景智能支 付体系。 特色信贷激活边贸文旅新动能 针对珲春市"边贸+海产+文旅"产业特点，中国银行延边分行创新推出"珲春海鲜贷"专项信贷产品。针对 中小餐饮商户升级改造、冷链仓储建设等资金需求，提供精准融资支持。通过在海鲜一条街、景区餐饮 集聚区设立金融服务站，深入产业链上下游对接海产养殖基地、冷链物流企业，实现金融服务全覆盖。 截至目前已累计投放贷款2160万元，有效破解行业资金瓶颈，助推文旅餐饮深度融合。 全链条服务构建文旅消费闭环 此外，通过搭建线上线下一体化支付系统，实现主园区数字化管理，显著提升游客体验。结合政府消费 券发放、商户满减优惠等活动，打造冰雪消费优惠矩阵，精准激发市场需 ...

Core Insights - The Panda bond market in 2025 is characterized by increased volume, broader participation, and higher quality, with a total issuance of 173.3 billion yuan, and foreign institutions accounting for 50% of the issuance [1][3] Group 1: Market Performance - The total issuance scale of the Panda bond market reached 173.3 billion yuan in 2025, reflecting strong confidence from global issuers in the Chinese market [1][3] - The share of foreign institutions in the Panda bond issuance rose significantly to 50%, with new issuers from markets such as the United States and the United Kingdom emerging [1][3] Group 2: China Bank's Role - China Bank maintained its position as the leading underwriter in the Panda bond market with an underwriting scale of nearly 38 billion yuan in 2025, marking its twelfth consecutive year at the top [1][3] - The bank has participated in over 90% of foreign Panda bond underwriting, achieving a global presence across all five continents [1][3] Group 3: Milestone Projects - China Bank led the issuance of 8.3 billion yuan in Panda bonds for the Asian Development Bank, enhancing the international influence of China's capital market [1][3] - The bank assisted the African Export-Import Bank in issuing 2.2 billion yuan in Panda bonds, marking a breakthrough for African multilateral development institutions [1][3] - It facilitated Hungary's issuance of 5 billion yuan in Panda bonds, setting a record for sovereign Panda bond issuance [1][3] - The bank successfully executed a 2 billion yuan Panda bond for Morgan Stanley, breaking ground for U.S. financing entities in the Panda bond market [1][3] - It supported the Sharjah government in returning to the Panda bond market with a 2 billion yuan issuance, deepening China-Arab financial cooperation [1][3] - The bank helped CIMB Bank issue 3 billion yuan in Panda bonds, achieving the largest Panda bond amount in the Malaysian market [1][3] - It completed Barclays Bank's first 2 billion yuan Panda bond issuance, marking the first appearance of a UK issuer in the Panda bond market [1][3] Group 4: Cumulative Achievements - To date, China Bank has assisted 77 overseas quality clients in issuing 309 Panda bonds, participating in over half of the market's issuance work, with a total underwriting scale exceeding 270 billion yuan [2][4] - The bank aims to leverage its global service network and cross-border financial advantages to enhance the international use of the renminbi and contribute to the dual opening of financial markets [2][4]

Core Viewpoint - The recent salary distribution information for 2024 from China's five major state-owned banks shows an overall increase in average employee compensation, while executive salaries are constrained by strict salary limits, leading to a clear divergence in income trends between employees and executives [2][16]. Employee Compensation - All five major banks reported an increase in average annual employee salaries for 2024, with the following details: - **Bank of Communications**: Total salary of 286.85 billion RMB, 90,700 employees, average salary of 316,400 RMB, up 0.7% year-on-year - **Bank of China**: Total salary of 791.14 billion RMB, 311,300 employees, average salary of 254,100 RMB, up 2.3% - **Agricultural Bank of China**: Total salary of 1,078.95 billion RMB, 455,200 employees, average salary of 237,000 RMB, up 5.2% - **China Construction Bank**: Total salary of 882.76 billion RMB, 376,900 employees, average salary of 234,200 RMB, up 3.3% - **Industrial and Commercial Bank of China**: Total salary of 957.47 billion RMB, 413,800 employees, average salary of 231,400 RMB, up 2.4% [3][17]. - Bank of Communications leads with an average salary of 316,400 RMB, while Agricultural Bank has the highest growth rate of 5.2% [3][17]. Executive Compensation - In contrast to the moderate salary increases for employees, executive compensation is under strict constraints, with a notable trend where "business backbone" salaries exceed those of "administrative leaders." For example, in ICBC, the top three business directors earned: - **Song Jianhua**: 147.46 million RMB - **Tian Fenglin**: 146.70 million RMB - **Xiong Yan**: 132.37 million RMB - In comparison, the chairman and president earned significantly less: **Liao Lin**: 116.65 million RMB, **Liu Jun**: 77.87 million RMB [5][19]. - Overall, executive compensation across the five banks has decreased compared to 2023, reflecting a trend of "tightening budgets" in line with regulatory salary limits and the industry's focus on cost reduction and efficiency [5][19]. Revenue Generation - The increase in employee salaries is closely linked to their revenue-generating capabilities. The top three banks in terms of revenue per employee for 2024 are: - **Bank of Communications**: 2.7137 million RMB - **Bank of China**: 2.0146 million RMB - **China Construction Bank**: 1.9906 million RMB - The top three banks in terms of profit per employee are: - **Bank of Communications**: 979,400 RMB - **China Construction Bank**: 890,500 RMB - **Industrial and Commercial Bank of China**: 881,300 RMB [4][18].

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國銀行股份有限公司(「本公司」) 呈交日期: 2026年1月5日 FF301 | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | --- | --- | --- | --- | --- | --- | --- | | 上月底結存 | | 730,000,000 | RMB | 100 | RMB | 73,000,000,000 | | 增加 / 減少 (-) | | 0 | | | RMB | 0 | | 本月底結存 | | 730,000,000 | RMB | 100 | RMB | 73,000,000,000 | | 4. 股份分類 | 優先股 | 股份類別 | 其他類別 (請註明) | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 360035 | 說明 | ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國銀行股份有限公司(「本公司」) 呈交日期: 2026年1月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03988 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 83,622,276,395 | RMB | | 1 RMB | | 83,622,276,395 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 83,622,276,395 | RMB | | 1 RMB | | 83,622,276,395 | 第 2 頁 ...

三、中国银行应督促上述核准任职资格人员持续学习和掌握经济金融相关法律法规，牢固树立风险合规 意识，熟悉任职岗位职责，忠实勤勉履职。 二、中国银行应要求上述核准任职资格人员严格遵守金融监管总局有关监管规定，自中国银行政许可决 定作出之日起3个月内到任，并按要求及时报告到任情况。未在上述规定期限内到任的，本批复文件失 效，由黔西南金融监管分局办理行政许可注销手续。 2025年12月26日，黔西南金融监管分局发布批复称，《中国银行（601988）股份有限公司贵州省分行关 于核准唐先雯任职资格的请示》（黔中银报〔2025〕100号）收悉。经审核，现批复如下： 一、核准唐先雯中国银行兴义分行行长助理的任职资格。 ...

Core Viewpoint - The China Interbank Market Dealers Association has identified widespread issues related to internal controls and compliance in certain institutions, which hinder effective regulation and the ability to combat illegal activities [1] Group 1: Compliance Issues - Many institutions have failed to establish and maintain proper internal control systems for the preservation of bond trading records [1] - Compliance and risk management practices are often superficial, leading to ineffective implementation of record-keeping requirements [1] - There are significant lapses in maintaining complete transaction records, which obstruct the ability to reconstruct trading activities accurately [1] Group 2: Regulatory Actions - The Association plans to intensify punitive measures against institutions that exhibit the identified compliance failures [1] - Specific violations that will lead to severe penalties include failure to establish internal control systems, inadequate record-keeping, and inability to provide complete trading records for serious violations [1] - The Association emphasizes the importance of robust internal controls and compliance awareness among market participants to ensure the healthy and orderly development of the market [1]

来源：中央纪委国家监委网站 据中央纪委国家监委驻中国银行纪检监察组、天津市纪委监委消息：中国银行浙江省分行党委书记、行 长程军涉嫌严重违纪违法，目前正接受中央纪委国家监委驻中国银行纪检监察组纪律审查和天津市监察 委员会监察调查。 ...

Core Insights - A significant trend observed in 2025 is the increase in large fines imposed on banks, reflecting compliance shortcomings and risk points during the transition to high-quality development in the banking industry [2][16] - In 2025, regulatory authorities issued a total of 454 fines exceeding one million yuan to banking institutions and personnel, an increase of 58 from the previous year, with the total amount of fines nearly doubling [2][16] - The main areas of violations in 2025 were concentrated in credit business, anti-money laundering, and internal control systems, with anti-money laundering violations seeing the most notable increase, reaching 894 fines, a rise of 185.09% compared to the previous year [2][16] Summary of Fines Over 20 Million Yuan - In 2025, there were 12 fines disclosed with amounts exceeding 20 million yuan, primarily related to compliance management issues in traditional business areas such as loans and bills, indicating deficiencies in basic business risk control and regulatory cooperation [4][17] - Common violations included issues with account management and anti-money laundering, highlighting flaws in customer identity verification and transaction monitoring processes [3][17] Summary of Fines Between 10 Million and 20 Million Yuan - This category of fines predominantly involved joint-stock banks, reflecting a conflict between business innovation and compliance management [6] - Violations were mainly related to compliance operations (account and anti-money laundering) and business management (internet loans and agency sales), with cross-border foreign exchange violations being a secondary concern [7] Summary of Fines Between 5 Million and 10 Million Yuan - Fines in this range were primarily concentrated among city commercial banks, joint-stock banks, and rural commercial banks [10] - The most common violations included anti-money laundering and customer identity verification issues, alongside traditional problems related to credit "three checks" failures [10]

中国基金报记者 方丽 李树超 陆慧婧 今年1月1日，《公开募集证券投资基金销售费用管理规定》（以下简称《规定》）正式实施，标志着公募基金行业历经两年多的费率改革 终于全面落地。 【导读】《公开募集证券投资基金销售费用管理规定》正式实施，构建公募行业 高质量发展新生态 加强培训传导。 组织全行基金销售人员、客服人员及运营支持人员进行专题培训，确保一线人员能够准确、清晰地向投资者传达政策变 化。 费率改革对工商银行基金销售业务模式提出了更高要求，也指明了转型方向。工商银行将以提升客户盈利体验为导向，加强专业力量，持 续优化建设科学严谨的基金评价筛选体系，在全市场范围内为投资者甄选真正优质的基金管理人和产品，强化资产配置能力，根据客户风 险承受能力与生命周期需求，提供多元化、个性化的基金投资组合建议。 该《规定》引发市场关注，工行、中行、交行、富国基金等头部机构积极发声。这些机构表示， 公募基金费率改革有助于稳步降低投资者 投资成本，提升投资者获得感，进一步推动行业转型和高质量发展。 工商银行：积极落实公募基金销售费率改革 切实提升投资者获得感 公募基金销售费率改革，是践行金融工作人民性的关键举措，核心在于提升投资 ...