Zheng Quan Zhi Xing·2025-08-29 11:12Core Viewpoint - Agricultural Bank of China (ABC) has demonstrated stable growth in its financial performance, with a focus on supporting the real economy and rural development, while maintaining strong asset quality and capital adequacy ratios [9][10][20]. Financial Performance - As of June 30, 2025, ABC's total assets reached RMB 46,855.88 billion, an increase of 8.4% from the previous year [14]. - The net profit for the first half of 2025 was RMB 139.94 billion, reflecting a year-on-year growth of 2.5% [10][14]. - The bank's net interest income decreased by 2.9% to RMB 282.47 billion, while net fee and commission income increased by 10.1% to RMB 51.44 billion [14]. - The non-performing loan (NPL) ratio improved to 1.28%, down by 0.02 percentage points from the end of the previous year [10][14]. Capital and Asset Quality - ABC's capital adequacy ratio stood at 17.45%, with a core tier one capital ratio of 11.11% as of June 30, 2025 [10][14]. - The bank's provision coverage ratio was 295%, indicating a strong buffer against potential loan losses [10][14]. Loan and Deposit Growth - Total loans and advances reached RMB 26,729.06 billion, with a net increase of RMB 17,869.88 billion, representing a growth of 7.5% [15]. - Customer deposits increased by RMB 15,951.29 billion, growing by 5.3% [15]. Support for Rural Development - ABC has focused on enhancing financial services for rural areas, with county loans increasing by RMB 9,164 billion, maintaining a balance of over RMB 10 trillion [11]. - Loans related to food security and important agricultural products reached RMB 1.24 trillion, growing at a rate of 23.7% [11]. Digital and Green Finance Initiatives - The bank has made significant strides in digital finance, with mobile banking active users reaching 263 million [12]. - Green loan balances increased to RMB 5.72 trillion, with a growth of 7,288 billion [12]. Shareholder Returns - The board proposed a cash dividend of RMB 1.255 per share for the 2024 fiscal year, totaling RMB 439.23 billion [1][2].