Shang Hai Zheng Quan Bao·2025-09-04 19:12Core Insights - The banking sector is focusing on cost reduction and efficiency improvement, with many banks relying on meticulous cost management to enhance profits [3][4] - A significant number of banks have reported a decrease in their cost-to-income ratios, indicating successful cost control measures [4][5] - Future improvements in cost reduction and efficiency will require a comprehensive approach involving business structure adjustments, human resource optimization, and digital transformation [3][7] Cost Reduction Strategies - Many banks have achieved profit stabilization by lowering deposit interest rates and reducing labor costs, leading to a dual reduction in costs [4][5] - Among 42 A-share listed banks, 26 reported a year-on-year decrease in cost-to-income ratios, with notable reductions from Xi'an Bank and Postal Savings Bank [4] - Interest expenses have decreased for 40 banks, with 33 banks experiencing declines exceeding 5%, and the highest reduction in interest expenses exceeding 47 billion yuan [4][5] Operational Efficiency - Banks are enhancing deposit structure management to drive down interest expenses, with Zhejiang Commercial Bank reporting a 10.95% decrease in interest expenses [5] - Labor cost control is a key focus, with banks reducing employee numbers and salaries to improve efficiency [5][6] - For example, Shanghai Pudong Development Bank reduced its operational and management expenses by 7.75 million yuan, while also decreasing its workforce [5][6] Quality of Efficiency Improvement - Industry experts emphasize that true cost reduction and efficiency improvement should not merely involve cutting budgets but should focus on restructuring business models and optimizing human resources [7] - Banks are encouraged to prioritize low-capital, low-cyclical business segments to enhance profitability [7] - Embracing digital transformation is seen as essential for releasing efficiency and improving operational processes [7]