2 1 Shi Ji Jing Ji Bao Dao·2025-11-04 11:57Core Insights - The banking sector in the Yangtze River Delta is experiencing a different trend compared to the overall slowdown in loan growth, with several city commercial banks showing double-digit asset growth [1][3] Group 1: Loan Growth - As of the end of Q3, several city commercial banks in the Yangtze River Delta reported significant asset growth: Jiangsu Bank at 4.93 trillion yuan (up 24.68%), Ningbo Bank at 3.58 trillion yuan (up 14.50%), and Nanjing Bank at 2.96 trillion yuan (up 14.31%) [1] - The overall loan growth for all A-share listed banks was 7.70% year-on-year, with city commercial banks leading at 12.86% [1][2] - Specific banks like Jiangsu Bank and Ningbo Bank reported loan growth rates exceeding 17% in Q3, driven primarily by corporate loans [3][5] Group 2: Corporate Loans - Corporate loans have significantly increased, with Ningbo Bank's corporate loan growth reaching 32.10% in Q3, the highest among peers [5] - The proportion of corporate loans in total loans has risen for many banks, with Jiangsu Bank's corporate loans making up 67.38% and Nanjing Bank's at 76.03% [4][5] - The focus on corporate loans, particularly in technology sectors, has been emphasized by several banks, with notable increases in technology-related loan disbursements [6][8] Group 3: Revenue and Profitability - The total revenue for six city commercial banks in the Yangtze River Delta reached 243.6 billion yuan in Q3, a year-on-year increase of 6.41%, while net profit grew by 8.36% to 111.2 billion yuan [7] - Jiangsu Bank reported a revenue of 67.18 billion yuan and a net profit of 30.58 billion yuan, both showing positive growth [7] - Wealth management and retail banking segments are showing signs of recovery, contributing to the overall revenue growth [8] Group 4: Investment Income - Investment income has been under pressure due to rising interest rates and market volatility, with the fair value changes of financial assets showing negative results [9][10] - Shanghai Bank reported the highest investment income at 16.77 billion yuan, but also faced significant losses in fair value changes [11]