根据英大基金管理有限公司（以下简称"本公司"）与中国民生银行股份有限公司（以下简称"民生银 行"）签署的基金销售代理协议及工作安排，自2025年4月24日起，增加民生银行为本公司旗下英大中证 同业存单AAA指数7天持有期证券投资基金（016066）的销售机构。 ■ 三、基金管理人主要信息 公司名称：英大基金管理有限公司 客户服务电话：400-890-5288 投资者可在民生银行办理本公司旗下部分开放式基金的开户、申购、赎回、定期定额申购、转换等业 务，同时参与民生银行开展的基金申购费率优惠活动。具体情况公告如下： 一、销售机构主要信息 公司名称：中国民生银行股份有限公司 客户服务电话： 95568 网址：www.cmbc.com.cn 二、目前代理销售基金名称和代码 公司网站：www.ydamc.com 四、定期定额投资业务提示 1.投资者通过民生银行办理基金定期定额投资业务，应遵循民生银行的具体规定。 2.投资者应当充分了解基金定期定额投资和零存整取等储蓄方式的区别。定期定额投资是引导投资者进 行长期投资、平均投资成本的一种简单易行的投资方式。但是，定期定额投资并不能规避基金投资所固 有的风险，不能保证投资 ...

Core Insights - The upcoming "May Day" holiday is a critical period for the credit card industry, serving as both a stimulus for consumer spending and a competitive arena for market share [1][6] - Credit card marketing strategies are evolving, with banks implementing innovative promotional activities and reward mechanisms to meet diverse consumer demands [3][4] Group 1: Marketing Strategies - This year's credit card marketing has moved away from traditional models, focusing on diverse consumer needs with upgraded promotional activities and incentives [4][5] - Major banks, including China Merchants Bank and Agricultural Bank of China, are launching various holiday promotions, such as cardholder rewards, ticket discounts, and travel incentives [3][4] - China Merchants Bank is utilizing social marketing strategies, offering rewards for successful referrals, while Agricultural Bank is focusing on travel-related promotions with lottery-style incentives [3][4] Group 2: Industry Challenges and Opportunities - The credit card sector is facing growth challenges, including reduced issuance, declining transaction volumes, and increased non-performing loan rates, as highlighted in the upcoming annual reports of A-share listed banks [6][7] - Despite short-term pressures, credit cards remain a vital entry point for banks to acquire quality retail customers, with potential for future growth as consumer markets recover [7][8] - Banks are strategically investing in credit card marketing during peak periods to position themselves for market rebounds and capitalize on emerging consumer trends [7][8] Group 3: Future Trends - The credit card industry is expected to accelerate its digital transformation over the next 1-3 years, enhancing features like smart customer service and personalized recommendations [1][8] - There is a growing trend for credit card services to integrate more deeply into various life scenarios beyond traditional sectors, including healthcare, education, and entertainment [8]

随着A股上市银行年报的陆续披露，各家银行的分红方案也陆续拉开了帷幕。 《金融时报》记者梳理数据时发现，截至4月22日，在42家A股上市银行中，共有26家银行公布了2024 年分红方案。从分红金额来看，这26家银行累计派发现金红利近6000亿元，较去年增加超百亿元。 分机构类型来看，六家国有大行依旧是上市银行分红的"主力军"。根据年报数据，2024年六大行现金分 红金额合计超4200亿元，占全行业分红总额超七成，且分红比例均稳定在30%及以上。 其中，工商银行（601398）以1097.73亿元的派息总额领跑全行业，建设银行（601939）2024年分红金 额也超过千亿元，达1007.54亿元。农业银行（601288）、中国银行（601988）、交通银行 （601328）、邮储银行（601658）2024年分别派发现金红包846.61亿元、713.6亿元、281.46亿元和 259.41亿元。 股份制银行的分红情况也十分亮眼，但也出现了一定分化。招商银行（600036）以504.4亿元的分红总 额稳坐股份行的"头把交椅"。兴业银行（601166）分红总额达到220.21亿元，分红比例首次突破30%。 "2024 ...

4月18日至20日，西藏2025年春季古珠及艺术品交流会在拉萨举行，民生银行拉萨分行作为唯一一家金 融机构受邀参会。期间，民生银行拉萨分行立足区域特色，通过现场服务展位的定点宣传、主动走访参 展小微企业等方式，有效推广西藏自治区普惠金融贷款政策、介绍民生小微结算产品、推广民生银行服 务权益体系，综合服务西藏文化产业的众多小微企业。 作为扎根雪域高原的金融主力军，民生银行拉萨分行坚守"服务大众、情系民生"企业使命，聚焦西藏文 化产业企业需求，深耕普惠金融，通过创新金融产品、深化政银合作、优化服务模式等举措，为当地文 化企业赋能，推动文化产业与金融深度融合。 交流会期间，民生银行拉萨分行聚焦"普惠金融、贵宾权益、拉萨城市生活卡"三大核心服务品牌内容， 全方位展示各项服务举措，现场受理普惠小微贷款咨询企业134家。推广差异化服务权益体系，现场为 40余名小微企业家介绍并配置了民生银行拉萨城市生活卡。 此外，民生银行拉萨分行以本期交流会为契机，还将金融服务与金融宣教深度融合，面向参展企业及消 费者开展"金融安全守护行动"。通过一对一案例讲解、互动问答、电子屏滚动播放宣教内容等形式大力 普及金融安全知识，提升公众金融素 ...

资产规模是衡量银行实力的重要指标之一。同花顺iFinD数据显示，9家股份制银行在2024年均实现了资产总额的增长。其中，招商银行以12.15万亿元的资 产总额在2024年报中领先，相较于2023年报的11.03万亿元，增长了1.12万亿元，增幅达10.19%，展现出强大的综合实力和市场竞争力。兴业银行、中信银 行、浦发银行等也实现了资产规模的稳步扩张，资产总额分别为10.73万亿元、9.53万亿元和9.27万亿元，增幅分别为3.39%、5.31%和5.18%。 随着2024年报相继发布，A股上市的9家股份制银行的业绩情况也已揭晓。同花顺iFinD数据显示，2024年，A股上市股份制银行资产规模稳步扩张，"吸 金"能力不减， 2024年全年，9家银行合计共实现归母净利润5007.91亿元，平均"日赚"13.72亿。此外，在净息差集体承压的背景下，各银行纷纷拓展多元化 收入来源。 资产规模稳步扩张，营收净利表现分化 | | 2024年末资产合计(万亿元) | 较上年末变动幅度 | | --- | --- | --- | | 招商银行 | 12.15 | 10.19% | | 兴业银行 | 10.37 | 3.39 ...

Core Viewpoint - The article highlights the rapid growth and development of pension financial services in the banking sector, driven by regulatory support and increasing demand for personal pension accounts, with many banks reporting significant increases in account openings and asset management scales [1][2][3]. Group 1: Growth in Pension Financial Services - Major banks have reported a doubling in the number of personal pension accounts, with institutions like Industrial and Commercial Bank of China (ICBC) and China CITIC Bank leading in growth [2][5]. - The total pension management scale for ICBC reached nearly 5 trillion yuan, with a 2024 increase of approximately 900 billion yuan [4]. - China Bank reported a 23.44% increase in entrusted pension funds, reaching 259.09 billion yuan, while Agricultural Bank of China saw a 24.6% growth in its entrusted management scale [4]. Group 2: Personal Pension Account Growth - By the end of November 2024, personal pension account openings in China surpassed 72.79 million, with banks like ICBC reporting a 187% increase in new account openings [6]. - China Bank and China Merchants Bank each exceeded 10 million personal pension accounts, with significant contributions to the overall market [7]. - Other banks, such as Industrial Bank and Minsheng Bank, also reported substantial growth in personal pension accounts, with increases of 47.67% and 34.91% respectively [8]. Group 3: Diversification of Pension Financial Products - Financial regulatory authorities have issued guidelines to enhance the quality of pension financial services, prompting banks to diversify their product offerings [9]. - Construction Bank aims to establish itself as a "pension financial professional bank," launching a unified brand for pension financial services [9]. - Other banks, such as Postal Savings Bank and CITIC Bank, are developing comprehensive pension financial systems and services, including both financial and non-financial support for elderly clients [10][11].

此前，交通银行于4月8日，在银行间市场成功簿记发行了2025年绿色金融债，规模300亿元，其中3年期 250亿元，票面利率1.70%；5年期50亿元，票面利率1.76%。全场认购倍数分别为2.12倍和1.80倍。 【环球网金融综合报道】4月以来，绿色金融债市场发行提速。据Wind数据统计，截至4月20日，今年 绿色金融债的发行规模升至1660亿元，较去年全年2225亿元的发行规模相差不到千亿元。 据厦门银行4月17日公告，该行宣布成功发行2025年绿色金融债券（第一期），实际发行总额达30亿 元，期限3年，票面利率为1.90%。兴业银行于4月14日宣布在全国银行间市场成功发行2025年第一期绿 色金融债券，实际发行规模300亿元，期限3年，票面利率1.70%。该笔债券获得2.38倍的超额认购。 除了上述三家银行外，进出口银行、农发行、农业银行、天津银行、渤海银行、民生银行等均在年内发 行了绿色金融债。其中，农业银行于2月26日在银行间市场成功发行的600亿元绿色金融债。 整体来看，今年一季度绿色债券发行规模大增。据大公国际统计，作为绿色金融的重要组成部分，一季 度绿色债券保持强劲发行势头，发行规模同比大幅提升 ...

Core Viewpoint - The financial indicators and asset quality of the six disclosed banks are generally stable in the first quarter, with a positive outlook for the banking sector driven by increased market volatility and the sector's stable returns and index weight advantages [1][9]. Summary by Sections Financial Performance - Six listed banks have disclosed their Q1 2025 performance, showing overall stability but continued differentiation in earnings. For instance, Minsheng Bank reported a net interest margin improvement and a revenue increase of over 7% year-on-year, while Ping An, Chongqing Rural Commercial Bank, and Changshu Bank reported revenue changes of -13.05%, +1.35%, and +10.05% respectively [2]. - The divergence in earnings performance is attributed to the impact of last year's net interest margin decline and the effects of fair value changes in Q1 [2]. Credit Growth - The banks demonstrated strong expansion momentum, with Shanghai Pudong Development Bank's total loans increasing by 254.58 billion (5.02%) year-on-year, marking a recent quarterly high. Minsheng Bank also reported stable growth in deposits and loans, while Ping An Bank's loans grew by 1.1% [3]. - Overall, the credit growth and expansion are positive, aligning with marginal improvements in social financing growth, with significant focus on real credit issuance and investment in interest-bearing bonds [3]. Asset Quality - Asset quality remains stable, with non-performing loan ratios for Ping An, Chongqing Rural, and Changshu banks remaining flat or slightly improved. The provision coverage ratios for these banks are still at solid levels, indicating a cautious approach to provisioning [4]. - The banks are intensifying efforts to recognize and manage problem assets, particularly in retail lending, with future asset quality changes dependent on the recovery of household balance sheets [4]. Market Performance - The banking sector showed optimistic performance last week, with the A/H bank index rising by 4.23%, outperforming the broader market. Notable gainers included Chongqing Bank (8.8%) and Shanghai Pudong Development Bank (7.4%) [6]. - The influx of incremental funds into the banking sector is evident, with significant net inflows into stock ETFs and increased holdings by southbound funds in Hong Kong [7]. Investment Outlook - The banking sector is recommended for active allocation due to its defensive attributes and relative value, especially in the context of ongoing U.S.-China trade tensions. The sector is expected to maintain robust fundamentals compared to most industries [9]. - Specific stock recommendations focus on banks with stable profitability, attractive dividend yields, and potential for valuation recovery [9].

Core Viewpoint - The financial industry continues to showcase high salaries, with 15 out of 16 banks reporting executives earning over one million yuan annually, despite some banks advocating for cost-cutting measures [1][4][6]. Salary Overview - Among the 16 banks analyzed, only Hengfeng Bank did not report any executives earning over one million yuan, with the highest salary being 647,300 yuan for its chairman [4][6]. - The highest-paid executive is Ji Guangheng, the president of Ping An Bank, with a salary of 4.1587 million yuan, followed closely by the chairman, Xie Yonglin, at 4.0129 million yuan [4][6]. Performance vs. Compensation - Notably, Ping An Bank and Minsheng Bank, which have reported poor performance with revenue declines of 10.93% and 9.85% respectively, still have some of the highest executive salaries in the industry [7][8]. - The disparity between high executive salaries and poor bank performance has led to a reluctance among executives to discuss their compensation publicly [2][4]. Executive Salary Changes - Among the 16 banks, 12 disclosed chairman salaries, with 10 experiencing increases, while 13 disclosed president salaries, with 10 seeing decreases [10][14]. - The trend indicates that while chairman salaries are generally rising, president salaries are declining, reflecting a broader trend of cost-cutting in the banking sector [12][14]. Average Employee Salary - The average salary for employees across the 16 banks is approximately 300,000 yuan, with Citic Bank leading at 606,200 yuan per employee, while the lowest is at 296,100 yuan for Bank of Communications [18][19]. - Overall, 9 banks reported an increase in average employee salaries, while 7 reported a decrease, indicating a general trend of "more increases than decreases" compared to the previous year [19].

Group 1 - The cross-border payment (CIPS) concept declined by 0.95%, ranking among the top declines in the concept sector as of April 17 [1][2] - Within the CIPS sector, notable declines were observed in companies such as Dongfang Tong, Qingdao Kingking, and Sifang Jingchuang, while companies like Shiji Information, AsiaInfo Security, and New Zhisoft saw increases of 10.03%, 2.69%, and 2.02% respectively [1][2][4] Group 2 - The CIPS sector experienced a net outflow of 765 million yuan, with 37 stocks seeing net outflows, and 9 stocks exceeding 50 million yuan in net outflows [2][3] - The largest net outflow was from Zhongyou Capital, which saw a net outflow of 210 million yuan, followed by Sifang Jingchuang and Qingdao Kingking with net outflows of 187 million yuan and 149 million yuan respectively [2][3] - On the other hand, the stocks with the highest net inflows included Shiji Information, China Merchants Bank, and Sichuan Changhong, with net inflows of 149 million yuan, 72 million yuan, and 68 million yuan respectively [2][4]