Zhong Guo Xin Wen Wang·2025-10-31 03:40Core Viewpoint - Postal Savings Bank of China (PSBC) has reported a steady growth in revenue and net profit for the first three quarters of 2025, emphasizing its commitment to strategic upgrades, innovation, and risk management while aiming to become a leading large retail bank with a focus on inclusivity and stability [2][3]. Financial Performance - For the first three quarters of 2025, PSBC achieved operating income of CNY 265.08 billion, a year-on-year increase of 1.82% [3] - Net profit reached CNY 76.794 billion, reflecting a growth of 1.07% year-on-year [3] - The net interest margin stood at 1.68%, maintaining an excellent industry level, with net interest income showing quarterly improvement [3] - Non-interest income grew by 11.48%, with other non-interest income increasing by 27.52% [3] Risk Management - As of September 2025, the non-performing loan (NPL) ratio was 0.94%, continuing a long-standing low trend [4] - The core Tier 1 capital adequacy ratio improved to 10.65%, up by 1.09 percentage points from the previous year [4][5] Asset and Liability Management - PSBC's loans increased by CNY 742.689 billion, with corporate loans rising by 17.91% [6] - Deposits grew by CNY 928.903 billion, a 6.08% increase, with corporate deposits up by 12.19% [6] - The average interest rate on interest-bearing liabilities decreased to 1.22%, down by 25 basis points from the previous year [6] Strategic Initiatives - PSBC is enhancing its service model to support rural finance, small and micro enterprises, and green finance, with significant loan balances in these areas [7][8] - The bank has established technology finance departments in six major cities to support innovation in the tech sector, with technology loans exceeding CNY 940 billion [8] - PSBC is actively promoting consumption through targeted loan policies, resulting in a significant increase in non-housing consumer loans [10] Organizational Development - The bank is implementing "Five Major Actions" and "Seven Major Reforms" to optimize its operational structure and enhance competitiveness [11][13] - Focus areas include improving service efficiency in urban and rural areas, enhancing digital banking capabilities, and fostering a collaborative environment for corporate clients [12][13] Future Outlook - PSBC aims to align its strategies with national economic goals and enhance its role in supporting the real economy while contributing to financial stability [13]