| 2025年商业银行主要监管指标一览(单位: 万亿元) | | --- | | 指标 | 2024年 | 2025年 | 2025年 | 2025年 | | --- | --- | --- | --- | --- | | | 12月末 | 3月末 | 6月末 | 9月末 | | 总资产(法人口径) | 380.52 | 394.29 | 402.89 | 409.63 | | 其中:国有大行 | 190.26 | 198.49 | 204.22 | 208.15 | | 国有大行总资产占比 | 50.00% | 50.34% | 50.69% | 50.81% | | 不良贷款占比 | 1.50% | 1.51% | 1.49% | 1.52% | | 拨备覆盖率 | 211.19% | 208.13% | 211.97% 207.15% | | | 核心一级资本充足率 | 11% | 10.70% | 10.93% | 10.87% | 这一年，经济周期深刻影响着每一个经济体、每一个行业。银行业犹如在一片并不平静的海域上航行的巨舰，汹涌的浪花不断拍打着船舷—— 有利率下行带来的息差之困，有风险暴露拉响的警 ...

Core Viewpoint - The Bank of Communications Henan Branch is actively implementing financial support for the real economy, focusing on key strategic areas to enhance regional economic development through comprehensive financial services [1] Group 1: Financial Support for Infrastructure and Enterprises - The bank has collaborated with its subsidiaries to provide targeted financial support for key infrastructure projects and state-owned enterprise transformations, with a total funding of 2.7 billion yuan throughout the year [1] - In the area of technology finance and innovation, the bank has explored new financial service models, contributing 1.2 billion yuan in support of manufacturing initiatives, including the successful implementation of the province's first "vendor leasing" business for a large manufacturing enterprise [1] Group 2: Support for Private Economy - The bank has adhered to market-oriented and legal principles, successfully implementing a debt-to-equity swap project for a private listed group, introducing 500 million yuan to optimize the company's capital structure and enhance its resilience [1] Group 3: Future Directions - The bank plans to continue focusing on its strategic initiatives, enhancing internal collaboration within the group, and building a more comprehensive financial service ecosystem to contribute to the vibrant development of the Central Plains region [1]

与往年相比，今年末各家银行的年终奖理财营销策略呈现出明显的不同。 在普益标准研究员付翘楚看来，其变化主要体现在两个路径上：一是各家银行提供一站式综合资产配置 方案。部分银行致力于通过整合存款、理财、基金、保险、贵金属等全品类金融产品，为客户构建覆盖 多场景需求的一站式解决方案；二是聚焦专业资产配置服务，一些银行的营销重点并非简单罗列产品， 而是直接提供基于客户风险偏好与资金用途的配置策略与投资逻辑。 记者注意到，近日，广发银行梅州分行针对年终奖理财为投资者制定资产配置攻略，建议投资者采 用"保守+稳健+进取"的阶梯式策略进行资产配置，为不同风险承受能力的资金部分匹配相应产品。 "距离发放年终奖还有一个多月，手机银行就接连收到理财推荐了。"在北京从事互联网运营工作的赵先 生对记者说道，自己的年终奖预计在2026年1月底发放，最近有不少银行陆续推送了年终奖专属理财活 动，他已经提前开始考虑这笔资金的打理方式。 岁末年初，年终奖成为职场人翘首以盼的"年终大礼"，这笔规模可观的闲置资金也如期成为各家银行及 理财公司的必争之地。 记者梳理发现，2025年岁末至今，交通银行、邮储银行（601658）、广发银行等多家机构已 ...

Core Insights - The article discusses the upcoming year-end bonus distribution and the competitive marketing strategies employed by various banks to attract customers for investment products [1][6]. Group 1: Year-End Bonus Investment Strategies - Several banks, including Bank of Communications, Postal Savings Bank, and Guangfa Bank, have launched exclusive financial products aimed at year-end bonuses, utilizing online activities and personalized asset allocation strategies [1][6]. - Bank of Communications has introduced a special financial product called "Lingdong Tianli No. 6 New Salary Treasure," which offers an annualized yield of 4.76% over the past three months [1][6]. - Postal Savings Bank has featured three exclusive products in its mobile banking app, with one product, "Yousheng·Hongjin," also achieving an annualized yield of 4.76% since its inception [2][7]. Group 2: Changes in Marketing Strategies - Compared to previous years, banks are now focusing on providing comprehensive asset allocation solutions that integrate various financial products, including deposits, investments, funds, and insurance [3][8]. - The marketing approach has shifted from merely listing products to offering tailored asset allocation strategies based on customer risk preferences and funding purposes [3][8]. - The industry is transitioning towards a customer-centric model, emphasizing professional financial planning and advisory services rather than just product sales [3][8]. Group 3: Investor Guidance - Experts recommend that investors assess their financial situation and clarify the intended use and timing of their year-end bonus before making investment decisions [4][9]. - Investors should objectively evaluate their risk tolerance, typically favoring lower-risk products for conservative investors [4][9]. - It is advised that investors maintain independent judgment and critically evaluate marketing claims, understanding that performance benchmarks are not guarantees of principal or returns [4][9].

来源：金融人事mini 近日，在交通银行"沃德财富万里行"启动仪式上，副行长周万阜介绍，近期在总行层面成立财富管理 部，以进一步强化财富金融特色，提升客户服务能力。他强调，交行致力于通过做优做强财富管理业 务，助力居民增加财产性收入。 杜俊任个金/数经部副总；历任交通银行广西区分行副行长、海南省分行副行长，湖北省分行副行长， 总行个人金融部副总经理。 银行人事了解到，交行财富管理部负责人，目前由私人银行部总经理金旗兼任。 金旗，毕业于复旦大学，长期从事商业银行、投资银行、资产管理、财富管理业务，具备丰富的金融理 论和实践经验。历任交通银行公司机构业务部副总经理、票据业务中心总裁、资产管理业务中心总裁等 职，2019年5月出任交银理财首任总裁，2023年3月任交行私人银行部总经理。 此外，交行总行个金部架构也出现调整。据悉，交行数字化经营中心已并入个人金融业务部，成立个人 金融业务部/消费者权益保护部/数智化经营中心，以下该部门简称"个金/数经部"，新部门相关负责人也 已确定。 李肇宁任个金/数经部总经理；原个金部总经理王冠拟任北京分行行长。 李肇宁，西南财经大学中国金融研究中心博士，2017年4月任交通银行河 ...

Group 1 - The core viewpoint of the news is that the state-owned large bank sector experienced a decline of 0.63% on December 25, with Agricultural Bank leading the drop [1] - The Shanghai Composite Index closed at 3959.62, up 0.47%, while the Shenzhen Component Index closed at 13531.41, up 0.33% [1] - The trading performance of individual stocks in the state-owned large bank sector showed mixed results, with Agricultural Bank down 0.79% and Industrial and Commercial Bank down 0.63% [1] Group 2 - The net outflow of main funds from the state-owned large bank sector was 775 million yuan, while retail investors saw a net inflow of 515 million yuan [1] - The detailed fund flow data indicates that Construction Bank had a net inflow of 49.54 million yuan from main funds, while Agricultural Bank had a net outflow of 289.7 million yuan [2] - The overall trend shows that retail investors are more active in the state-owned large bank sector, with significant net inflows compared to the outflows from main and speculative funds [2]

Core Insights - Chinese banks are expanding their overseas presence, establishing a comprehensive service network that covers major financial centers globally and key regions along the Belt and Road Initiative [1][2] - The internationalization strategy of Chinese banks has shifted from traditional markets in Europe and the US to emerging markets in Southeast Asia, the Middle East, Latin America, and countries involved in the Belt and Road Initiative [1][2] Group 1: Global Expansion Strategy - Chinese banks are utilizing representative offices, branches, and subsidiaries for overseas expansion, with larger banks often establishing branches in mature markets and starting with representative offices in emerging markets [2] - The distribution of overseas institutions shows that major state-owned banks are leading the expansion, with a focus on both traditional and emerging markets [2][4] Group 2: Performance Metrics - As of June 2025, Bank of China leads with 539 overseas branches in 64 countries, including 45 Belt and Road countries, showcasing its extensive global network [4] - Industrial and Commercial Bank of China follows with 413 overseas institutions in 49 countries, including 250 in Belt and Road countries, demonstrating a flexible international strategy [4] - Agricultural Bank of China has established 13 branches and 4 representative offices, focusing on supporting high-quality Belt and Road initiatives [4] Group 3: Revenue Growth and Market Dynamics - In the first half of 2025, Bank of China reported overseas revenue of 783.13 billion yuan, a 14.4% increase from the previous year, with overseas revenue accounting for 23.77% of total revenue [12] - Industrial and Commercial Bank of China's overseas revenue was 562.52 billion yuan, showing a slight decline of 1.88%, while Agricultural Bank of China experienced a 21.03% increase [12][11] - The growth of overseas revenue among joint-stock banks, such as Shanghai Pudong Development Bank, which saw a 119.37% increase, highlights the varying performance across banks [14] Group 4: Challenges and Future Directions - Chinese banks face regulatory challenges in overseas markets, including compliance with both domestic and foreign regulations, which can lead to significant penalties [15] - The demand for diversified financial services is evolving, with a shift from traditional trade financing to more complex needs such as global treasury management and cross-border mergers [16] - Future competitiveness will depend on enhancing global collaboration, local operational capabilities, compliance risk management, and financial technology innovation [18][19]

Summary of Key Points Core Viewpoint - In 2023, a total of 144 companies have conducted private placements, raising a cumulative amount of 857.686 billion yuan, with significant participation from various sectors, particularly banking and electronics [1][2]. Group 1: Fundraising Overview - 144 companies have implemented private placements this year, with a total of 159 records and 1,077.79 million shares issued, raising 857.686 billion yuan [1]. - The distribution of fundraising by market shows that 31 companies in the Shenzhen Main Board raised 50.206 billion yuan, 58 companies in the Shanghai Main Board raised 715.004 billion yuan, 26 companies in the ChiNext raised 36.824 billion yuan, and 29 companies in the Sci-Tech Innovation Board raised 55.651 billion yuan [1]. - The industries with the highest number of placements include electronics (24 companies), power equipment (16 companies), and basic chemicals (16 companies), while the highest fundraising amounts were seen in banking (520 billion yuan), electronics (59.224 billion yuan), and non-bank financials (56.684 billion yuan) [1]. Group 2: Top Fundraising Companies - The company that raised the most funds is Bank of China, with 165 billion yuan, followed by Postal Savings Bank (130 billion yuan) and Bank of Communications (120 billion yuan) [2]. - Other notable companies include China Construction Bank (105 billion yuan), Guolian Minsheng (31.492 billion yuan), and Yuan Da Environmental Protection (23.576 billion yuan) [2]. Group 3: Premium and Discount Analysis - Among the private placements, 143 records show a premium of the latest closing price over the placement price, with the highest premiums recorded by AVIC Fei (820.23%), *ST Songfa (736.71%), and Dongshan Precision (652.91%) [2][3]. - Conversely, 15 records show a discount, with the largest discounts seen in Shen High-Speed (30.69%), Aibo Medical (21.45%), and Bank of Communications (13.51%) [2][4].

Core Viewpoint - The official launch of the Hainan Free Trade Port's full island closure on December 18 marks a significant milestone, with the Bank of Communications releasing a cross-border financial service plan to support the development of the free trade port [1] Group 1: Financial Support for Infrastructure - The Bank of Communications has directed credit resources towards key sectors of the real economy, providing a financial foundation for the construction of the Hainan Free Trade Port [2] - The bank has approved 700 million yuan in fixed asset loans for critical infrastructure projects, ensuring the smooth progress of key projects essential for the port's operations [2] - The investment in local bonds by the bank has increased from 2.67 billion yuan in 2020 to 6.5 billion yuan in 2024, contributing to local economic development [2] Group 2: Cross-Border Financial Services - The Bank of Communications is a pilot bank for the multi-functional free trade account (EF account), with the EF business scale exceeding 46 billion yuan by the end of October 2025 [2] - The bank has assisted the Hainan provincial government in issuing offshore RMB local bonds in Hong Kong for four consecutive years, expanding its cross-border financial services [2][3] Group 3: Support for Key Industries - The implementation of "zero tariffs and low tax rates" will enhance Hainan's attractiveness in consumption and commerce, with the bank approving a 500 million yuan loan for a duty-free project [4] - The bank has provided a total of 2.9 billion yuan in loans to the cultural and tourism sectors, aligning with the development needs of the free trade port [4] - The bank is the only institution involved in the credit medical project in Hainan, enhancing healthcare services and supporting the welfare of residents [4] Group 4: Comprehensive Financial Services - The Bank of Communications has developed a comprehensive financial service model covering the entire lifecycle of enterprises, integrating equity, debt, loans, leasing, and custody services [5] - The bank has successfully launched various first-time custody businesses, including the first qualified foreign limited partner (QFLP) fund in Hainan [5] - In the financing leasing sector, the bank has provided over 6.2 billion yuan to key clients such as Hainan Railway and Meilan Airport [5]

Core Viewpoint - The official launch of the Hainan Free Trade Port's full island closure on December 18 marks a significant milestone, with the Bank of Communications releasing a cross-border financial service plan to support the development of the free trade port [1] Financial Support for Hainan Free Trade Port - The Bank of Communications has been providing targeted financial support for the Hainan Free Trade Port since 2020, aligning its services with the core tasks of the port's construction [1] - The bank has allocated 7 billion yuan in fixed asset loans and provided nearly 80 million yuan in timely funding for key infrastructure projects, enhancing the operational capacity and efficiency of the port [2] - The investment in local bonds by the bank has increased from 2.67 billion yuan in 2020 to 6.5 billion yuan in 2024, with a total underwriting of credit bonds exceeding 3.4 billion yuan [2] Cross-Border Financial Services - The Bank of Communications is a pilot bank for the multi-functional free trade account (EF account), with its EF business scale surpassing 46 billion yuan by the end of October 2025 [2] - The bank has assisted the Hainan provincial government in issuing offshore RMB local bonds in Hong Kong for four consecutive years, expanding its cross-border financial services [2][3] Support for Key Industries - The implementation of "zero tariffs and low tax rates" will enhance Hainan's attractiveness in consumption and commerce, with the bank approving a 500 million yuan loan for the China Duty Free Group's project [4] - The bank has provided a total of 2.9 billion yuan in loans to the cultural tourism and hospitality sectors, supporting the development of an international tourism consumption center [4] - The bank is the only institution involved in the credit medical project in Hainan, enhancing healthcare accessibility and supporting the welfare of residents in the free trade port [4] Comprehensive Financial Service Ecosystem - The Bank of Communications has developed a comprehensive financial service model covering the entire lifecycle of enterprises, integrating equity, debt, loans, leasing, and custody services [5] - The bank has successfully launched various first-time custody businesses, including the first qualified foreign limited partner (QFLP) fund in Hainan and a gaming overseas fund [5] - In the financing leasing sector, the bank has provided over 6.2 billion yuan in funding to key clients such as Hainan Railway and Meilan Airport [5]