2 1 Shi Ji Jing Ji Bao Dao·2025-08-30 08:03Core Viewpoint - Postal Savings Bank of China (PSBC) reported a stable mid-year performance with total assets reaching 18.19 trillion yuan, a 6.47% increase year-on-year, and net profit of 49.415 billion yuan, up 1.08% from the previous year [1][2]. Financial Performance - As of June 2025, PSBC's total assets were 18.19 trillion yuan, with total liabilities at 17.05 trillion yuan, reflecting growth rates of 6.47% and 6.21% respectively [1]. - The bank's operating income for the first half of the year was 179.446 billion yuan, a year-on-year increase of 1.50%, while net profit reached 49.415 billion yuan, growing by 1.08% [2]. - The net interest margin stood at 1.70%, with a slight decline of 17 basis points compared to 2024, primarily due to one-time factors affecting loan yield [7][9]. Revenue Structure Optimization - PSBC's interest income was 139.058 billion yuan, with corporate loan interest income showing a positive growth of 2.08% year-on-year despite a challenging interest rate environment [2]. - Non-interest income saw significant contributions, with intermediary business income increasing by 11.59% and other non-interest income rising by 25.16%, enhancing the overall revenue structure [2][3]. Company Financial Strategy - The bank is actively applying for a Financial Asset Investment Company (AIC) to enhance its corporate finance capabilities, which is a key part of its balanced strategy [4][6]. - PSBC aims to build a "1+N" operational and service system focusing on customer-centric approaches, integrating various financial services to improve client loyalty and return [5]. Market Positioning and Differentiation - The bank is focusing on high-efficiency operations by breaking down internal barriers and enhancing collaboration between different departments to improve service delivery [5]. - PSBC is targeting specific market segments aligned with national policy directions, emphasizing innovation and risk management to optimize its market strategies [6]. Future Outlook - The bank is confident in maintaining a strong net interest margin due to its effective management of both asset and liability sides, with a focus on long-term capacity building [9]. - PSBC's self-operated deposits increased by 130 billion yuan year-on-year, with a deposit interest rate decline of 20 basis points, indicating a stable funding cost structure [8].