BANK OF XI'AN(SH:600928) Nan Fang Du Shi Bao·2025-10-13 11:38Core Viewpoint - Xi'an Bank has officially appointed Zhang Chengzhe as the new President, following the approval of his qualifications by the Shaanxi Financial Regulatory Bureau, marking a significant leadership change after a year-long vacancy in the position [1][2][3] Group 1: Leadership Changes - Zhang Chengzhe, previously the Vice President of Xi'an Bank, has been appointed as President after the board's resolution and regulatory approval [2][3] - The bank's current executive structure is now "one president and two vice presidents," a significant reduction from the previous "one president and six vice presidents" configuration [3][7] - The leadership transition comes after the retirement of former Chairman Guo Jun and the election of Liang Banghai as Chairman, who temporarily assumed the President's duties [2][3] Group 2: Financial Performance - Xi'an Bank reported a strong financial performance in 2024, with operating income reaching 8.19 billion yuan, a year-on-year increase of 13.68%, and net profit of 2.56 billion yuan, up 3.91% [5][6] - In the first half of 2025, the bank's operating income surged to 5.205 billion yuan, reflecting a 43.7% year-on-year growth, while net profit increased by 8.59% to 1.452 billion yuan [6][7] - The total assets of Xi'an Bank grew to 539.099 billion yuan by mid-2025, marking a 12.23% increase from the previous year [6][7] Group 3: Asset Quality - The bank's non-performing loan (NPL) ratio improved to 1.6% in mid-2025, down from 1.72% at the end of the previous year, indicating a positive trend in asset quality [6][7] - The proportion of normal loans increased to 96.68%, while the share of attention-class loans decreased to 1.72%, reflecting a healthier loan portfolio [7] - The provision coverage ratio rose to 205.7%, an increase of 21.64 percentage points, enhancing the bank's risk management capabilities [7]