Core Viewpoint - Jiujiang Bank plans to reform and restructure its 20 rural banks under the Jiu Yin brand, aiming to gradually acquire full ownership and convert them into branches of Jiujiang Bank [1][3]. Group 1: Restructuring Plans - The restructuring will involve acquiring shares from other stakeholders in the Jiu Yin rural banks located in Jiangxi province, with the goal of achieving 100% ownership before merging them into branches [3]. - For rural banks outside Jiangxi, Jiujiang Bank will decide on their future based on regulatory requirements, which may include maintaining their current status, acquiring them, or an orderly exit [3]. Group 2: Financial Performance - As of the end of 2024, Jiujiang Bank reported total assets of 516.46 billion yuan, reflecting a 2.50% year-on-year growth, but faced significant pressure on asset quality with non-performing loans (NPLs) rising to 7.01 billion yuan and an NPL ratio of 2.19%, above the industry average [6]. - The bank's net interest income reached 9.171 billion yuan in 2024, an increase of 10.6% year-on-year, driven by reduced interest expenses on liabilities [7]. - However, non-interest income faced challenges, with net commission income declining by 12.9% to 847 million yuan, primarily due to a decrease in wealth management fees [7].
九江银行拟对旗下20家村镇银行开展改革重组，曾因管理不到位致使母行收罚单