Bank of RuiFeng(SH:601528) Di Yi Cai Jing·2025-09-07 13:03Core Viewpoint - The banking industry is facing ongoing pressure on net interest margins, prompting various strategies to stabilize these margins, including a recent competition held by Ruifeng Bank to showcase effective margin management practices [1][2]. Group 1: Industry Overview - The net interest margin (NIM) for the banking sector is under downward pressure, although the rate of decline has shown signs of narrowing [1]. - In the first half of the year, among 42 A-share listed banks, the highest NIM was 2.58% (Changshu Bank), while the lowest was 1.08% (Xiamen Bank) [4]. - Only three banks (Xi'an Bank, Chongqing Bank, and Qilu Bank) reported an increase in NIM, while 18 banks experienced a decline of over 10 basis points [4][5]. Group 2: Ruifeng Bank's Performance - Ruifeng Bank reported a NIM of 1.46% in the first half of the year, a decrease of 4 basis points from the previous year [3]. - The bank's revenue growth was 3.91%, and net profit attributable to shareholders grew by 5.59%, ranking third among listed rural commercial banks [3]. - As of the reporting period, Ruifeng Bank's total assets amounted to 230.07 billion yuan, placing it seventh among listed rural commercial banks [3]. Group 3: Margin Management Strategies - Ruifeng Bank held a competition to highlight effective NIM management practices, attended by senior leadership and various department heads [2]. - The competition aimed to foster a culture where every employee is engaged in NIM management, emphasizing the importance of clear responsibilities and strong execution [2]. - The bank's leadership stressed the urgency of NIM management and the need for a comprehensive approach across all business processes [2]. Group 4: Deposit Trends - The trend of increasing the proportion of time deposits continues, with 30 banks reporting a rise in time deposit ratios compared to the end of the previous year [6][7]. - Ruifeng Bank, along with Zhejiang Bank and Changsha Bank, saw an increase of over 5 percentage points in time deposit ratios [7]. - The banking sector is expected to have further room for downward adjustments in both loan and deposit pricing, particularly as existing business matures and undergoes repricing [7].