华夏银行瞿纲谈反内卷：坚持理性定价、风险定价 回归价值服务

Core Viewpoint - 华夏银行 is actively responding to the central government's call to combat "involution" by implementing strict self-regulation in loan and deposit pricing, focusing on rational and risk-based pricing to maintain market order and enhance service quality for the real economy [1][2] Financial Performance - For the first half of 2025, 华夏银行 reported a total operating income of 45.522 billion yuan, a year-on-year decrease of 5.9%, with a net profit of 11.745 billion yuan, down 7.6% year-on-year [2] - The bank's net interest income was 30.574 billion yuan, down 3.6% year-on-year, while non-interest income was 14.948 billion yuan, down 10.16% year-on-year [2] - As of June 30, 2025, total assets reached 4.5496 trillion yuan, an increase of 3.96% from the end of the previous year [2] Asset Quality - The non-performing loan (NPL) ratio stood at 1.60%, unchanged from the end of the previous year, with a provision coverage ratio of 156.67%, down 5.22 percentage points [6] - Company loans saw a decrease in NPL balance to 22.435 billion yuan, with an NPL ratio of 1.36%, while personal loans experienced an increase in NPL balance to 16.235 billion yuan, with an NPL ratio of 2.27% [7] Risk Management - The bank is focusing on enhancing risk management by optimizing asset quality and improving credit risk management in key areas [6] - Measures include the orderly disposal of existing risks and effective control of new risks, along with strengthening monitoring and early warning systems [6] Strategic Initiatives - The bank plans to optimize resource allocation, enhance comprehensive services, strengthen cost control, and improve risk prevention measures to maintain stable revenue and profit throughout the year [5] - Specific strategies include improving asset structure, enhancing customer relationship management, and implementing cost-saving measures [5] Capital and Dividends - As of June 30, 2025, the core tier 1 capital adequacy ratio was 9.56%, with a total capital adequacy ratio of 13.07%, all meeting regulatory requirements [11] - The bank announced a cash dividend of 1.00 yuan per share for the first half of 2025, totaling 1.591 billion yuan, maintaining a stable dividend policy [10]