Sou Hu Cai Jing·2025-09-02 05:36Core Viewpoint - In the first half of 2025, Everbright Bank reported a revenue of 65.918 billion yuan, a year-on-year decrease of 5.57%, while net profit attributable to shareholders increased by 0.55% to 24.622 billion yuan [2][16]. Financial Performance - As of the end of June, Everbright Bank's total assets reached 7.24 trillion yuan, an increase of 4.02% from the end of the previous year [2]. - The total loan amount was 4.08 trillion yuan, up 3.82% year-on-year, and the deposit balance was 4.25 trillion yuan, reflecting a growth of 5.39% [2]. - The bank's net interest margin decreased by 14 basis points to 1.40%, primarily due to the reduction in loan market quotation rates and adjustments in existing mortgage rates [5][6]. - Interest income for the first half was 45.432 billion yuan, a decrease of 26.79 million yuan, or 5.57% [4][6]. Asset Quality and Provisions - The bank made provisions for asset impairment losses amounting to 15.913 billion yuan, a significant decrease of 21.60% year-on-year [2][6]. - The provision coverage ratio stood at 173.47%, down 8.12 percentage points from the end of the previous year [7]. - The reduction in credit impairment losses was noted as a key factor supporting profit growth [8]. Loan Allocation and Focus Areas - Everbright Bank's loans were primarily directed towards technology, green finance, and inclusive finance sectors, with significant growth in these areas [9][10]. - As of June, loans to technology enterprises reached 417.03 billion yuan, growing by 9.88%, while green loans increased by 12.37% to 464.13 billion yuan [9]. Strategic Initiatives - The bank aims to enhance its operational characteristics by focusing on six key business areas, including "Sunshine Wealth" in retail finance, which saw an asset management scale of nearly 3.1 trillion yuan [3][4]. - Efforts to optimize deposit product structures and control costs are underway to mitigate the pressure from declining interest margins [5][6]. Technology Investment - Everbright Bank increased its technology investment by 7.87% to 2.274 billion yuan in the first half of the year [12][13]. - The bank has established specialized teams for digital transformation, focusing on areas such as inclusive finance and supply chain finance [13][14].