Zhong Guo Jing Ying Bao·2025-04-05 22:10Core Insights - Zhejiang Commercial Bank has achieved a continuous decline in non-performing loan (NPL) ratio for three consecutive years, with an improvement in core Tier 1 capital adequacy ratio and other indicators [1][2] - The bank's risk management strategy has become more robust, with a 30% increase in the disposal of non-performing assets compared to the previous year, and a proactive reduction in real estate loans [1][2] Group 1: Asset Quality and Risk Management - In 2024, Zhejiang Commercial Bank reported stable asset quality and enhanced risk management capabilities, attributing this to significant efforts in risk disposal, a more prudent risk control strategy, and improved industry research capabilities [2] - The bank's management highlighted a notable reduction in the real estate NPL ratio to 1.55%, down 0.93 percentage points from the beginning of the year [2] Group 2: Strategic Initiatives - The bank is focusing on four key areas for improvement: industry research, risk disposal, professional review, and digital risk control, aiming to maintain a stable and improving asset quality [2] - The "Smart Management" approach is being implemented to enhance competitive advantages and promote high-quality development, shifting from traditional collateral-based financing to scenario-based financing [5] Group 3: Financial Performance - In 2024, the bank's deposit balance grew by 2.87% year-on-year, reaching 1.9 trillion yuan, while the interest rate on deposits has decreased for four consecutive years to 2.10% [5]