Zhong Guo Zheng Quan Bao·2025-08-30 06:14Core Insights - The six major state-owned banks in China reported a combined net profit of over 680 billion yuan for the first half of 2025, with all banks announcing mid-term dividend plans [1][3] Financial Performance - In the first half of 2025, the six banks achieved total operating income exceeding 1.8 trillion yuan and a combined net profit of 682.5 billion yuan [1] - Individual bank performances include: Industrial and Commercial Bank of China (ICBC) 168.1 billion yuan, Agricultural Bank of China (ABC) 139.5 billion yuan, Bank of China (BOC) 117.6 billion yuan, China Construction Bank (CCB) 162.1 billion yuan, Bank of Communications (BCOM) 46.0 billion yuan, and Postal Savings Bank of China (PSBC) 49.2 billion yuan [1] Dividend Plans - The total proposed mid-term dividends from the six banks exceed 200 billion yuan, with specific proposals including: - ICBC: 1.414 yuan per 10 shares, totaling approximately 50.4 billion yuan [3] - ABC: 1.195 yuan per 10 shares, totaling approximately 41.8 billion yuan [3] - BOC: 1.094 yuan per 10 shares, totaling approximately 35.3 billion yuan [3] - CCB: approximately 48.6 billion yuan [3] - PSBC: 1.230 yuan per 10 shares, totaling approximately 14.8 billion yuan [3] - BCOM: 1.563 yuan per 10 shares, totaling approximately 13.8 billion yuan [4] Strategic Focus - The banks are shifting away from a pure scale-driven approach, focusing on balanced and high-quality development [2] - In a low-interest-rate environment, banks are addressing the challenge of narrowing net interest margins by adapting to interest rate changes and diversifying non-interest income sources [2] - The banks are actively supporting new productive forces through technology finance, green finance, inclusive finance, pension finance, and digital finance [5] - Specific initiatives include: - CCB's comprehensive financial services for technology sectors, with a technology loan balance of 5.15 trillion yuan [5] - ICBC's establishment of an 80 billion yuan technology innovation fund [5] - PSBC's plan to invest 10 billion yuan in establishing an Asset Investment Company (AIC) [5]