私行业务跑出加速度 成银行扩中收重要引擎

Core Insights - The private banking business has shown significant growth in both client numbers and assets under management (AUM), becoming a key driver for retail banking growth amid pressure on net interest margins [1][4]. Client Growth - Major state-owned banks have a strong advantage in private banking client numbers, with Agricultural Bank of China reporting 279,000 clients, an increase of 23,000 since the beginning of the year [2]. - China Construction Bank, Bank of China, and Bank of Communications reported private banking clients of 265,500, 216,900, and 102,600 respectively, while Postal Savings Bank had 41,400 clients, reflecting a growth of over 21% [2]. - Among joint-stock banks, China Merchants Bank leads with 182,700 clients, followed by Ping An Bank and CITIC Bank, both exceeding 90,000 clients [2]. - Several city commercial banks also reported impressive growth, with Ningbo Bank's private banking clients increasing by 20.27% to 30,000 [2]. AUM Growth - Private banking AUM growth outpaced overall retail AUM growth, with Agricultural Bank, Bank of China, China Construction Bank, and Bank of Communications reporting AUM of CNY 3.5 trillion, CNY 3.4 trillion, CNY 3.18 trillion, and CNY 1.39 trillion respectively, reflecting growth rates of 11.11%, 8.28%, 14.39%, and 7.20% [4]. - Joint-stock banks like Ping An Bank, CITIC Bank, and Industrial Bank reported private banking AUM exceeding CNY 1 trillion, with Minsheng Bank and Zheshang Bank showing AUM growth of over 10% [4]. Strategic Focus - Banks are increasingly focusing on deepening client service, with strategies tailored to high-net-worth individuals, such as China Construction Bank's integrated client management and Postal Savings Bank's innovative client activities [5]. - Future developments in private banking are expected to emphasize digitalization, service ecosystem integration, and global investment options, leveraging technologies like AI and blockchain for enhanced client service [6].