2 1 Shi Ji Jing Ji Bao Dao·2025-08-30 07:24Core Viewpoint - The report highlights that despite a slight decline in credit demand in the real economy, the bank is focusing on enhancing its credit project reserves and supporting key national strategies and sectors [1][3]. Group 1: Financial Performance - In the first half of 2025, the bank achieved a net profit attributable to shareholders of 46.016 billion yuan, a year-on-year increase of 1.61% [1]. - The total assets of the group reached 15.44 trillion yuan, growing by 3.59% compared to the end of the previous year [1]. - The non-performing loan (NPL) ratio stood at 1.28%, a decrease of 0.03 percentage points from the end of the previous year [1][2]. Group 2: Credit Growth and Focus Areas - The total customer loan balance reached 9 trillion yuan, an increase of 443.4 billion yuan, with a growth rate of 5.18% year-on-year [2][3]. - The bank is increasing support for major national strategies and key sectors, with loans in the Yangtze River Delta, Guangdong-Hong Kong-Macau, and Beijing-Tianjin-Hebei regions growing by 5.57% [2]. - Personal consumption loans increased by 18.06%, indicating a strong focus on consumer finance [2]. Group 3: Risk Management and Asset Quality - The bank's NPL ratio improved, but early warning indicators such as the attention loan ratio and overdue loan ratio have slightly increased [5][6]. - The bank disposed of 37.83 billion yuan in NPLs, a year-on-year increase of 27.9%, with significant recoveries from large projects [6]. - The bank is enhancing risk management by optimizing monitoring and collection processes, particularly for overdue loans [7]. Group 4: Interest Margin and Deposit Management - The net interest margin for the bank was 1.21%, showing a decline due to falling asset yields [8][9]. - The bank's deposits grew by 371 billion yuan, with a year-on-year increase of 271 billion yuan, primarily in time deposits [10]. - To manage deposit costs, the bank plans to enhance customer engagement through various services and reduce high-cost deposits [10].