Xin Lang Cai Jing·2025-09-05 12:07Core Viewpoint - The appointment of Liao Weiyu as the General Manager of the Credit Card Center at Everbright Bank has led to significant changes in customer growth, although transaction amounts and business income have not kept pace with this growth [1][5]. Customer Growth - As of mid-2025, Everbright Bank's credit card customer base reached 54.81 million, an increase of 2.80 million compared to the end of the previous year, while the total new customers added in the previous year was only 1.08 million [1]. Financial Performance - The bank's total operating income for the first half of 2025 was 65.92 billion yuan, a decrease of 5.57% year-on-year, with net interest income also declining by 5.57% to 45.43 billion yuan [4]. - The net profit for the first half of 2025 was 24.74 billion yuan, showing a slight increase of 0.53% year-on-year [5]. Non-Interest Income - The bank's net income from fees and commissions was 10.44 billion yuan, down 0.85% year-on-year, primarily due to a decrease in card service fee income, which fell by 13.21% to 3.69 billion yuan [2]. Business Segment Performance - Retail financial services revenue decreased by 10.58% to 25.54 billion yuan, but profit increased to 0.92 billion yuan from a loss of 1.86 billion yuan in the same period last year [6]. - Corporate financial services revenue fell by 2.8% to 24.98 billion yuan, with profit down 15.3% to 15.20 billion yuan [6]. Loan Growth and Asset Quality - As of June 30, 2025, the bank's corporate loans (excluding discounts) amounted to 2.495 trillion yuan, an increase of 8.60% from the end of the previous year, while retail loans (excluding credit cards) reached 1.12 trillion yuan [6]. - The non-performing loan balance was 50.92 billion yuan, an increase of 1.66 billion yuan from the end of the previous year, with a non-performing loan ratio of 1.25% [6]. Cost Management - The bank is focused on "cost reduction and efficiency enhancement," with the number of employees decreasing by 462 to 47,520 by mid-2025, and total business and management expenses down by 4.5% to 17.49 billion yuan [7][8].