Core Viewpoint - The banking industry is entering a phase of value-driven competition, moving away from price wars and excessive competition, which is positively influencing operational trends [1][5]. Group 1: Impact of "Anti-Involution" - The "anti-involution" trend is resonating across various industries, including banking, and is expected to align with supply-side structural reforms, focusing on quality improvement rather than mere production limits [2][3]. - Short-term effects of "anti-involution" may cause discomfort in the banking sector, prompting banks to enhance industry research and risk assessment [2][3]. - Long-term benefits of "anti-involution" include the exit of outdated capacities, improved supply-demand relationships, and a shift of financial resources towards high-end manufacturing and green economy sectors [3]. Group 2: Internal Banking Challenges - The banking sector faces persistent profit margin compression, leading to a phenomenon where revenue growth does not translate into profit growth [4][5]. - Price wars in the banking industry, particularly in loan pricing and deposit costs, have increased risks and undermined sustainable business practices [4][5]. - The focus is shifting towards stabilizing loan pricing, controlling deposit costs, and enhancing asset quality as a result of "anti-involution" [5]. Group 3: Service and Efficiency Focus - The banking industry is urged to pivot from price competition to differentiated comprehensive services, emphasizing customer lifecycle value [6][7]. - Competition should be based on value creation and efficiency improvement rather than short-sighted price wars, which can lead to systemic risks [7]. - Enhancing the quality of financial services is essential for supporting high-quality economic development and nurturing the real economy [7].
“反内卷”下的银行业
Shang Hai Zheng Quan Bao·2025-09-02 18:22