江苏银行启动150亿元金融债券发行

Group 1: Bond Issuance - Jiangsu Bank has officially launched the issuance of the fourth phase of its "Bond Connect" financial bonds for 2025, with a total issuance scale of 15 billion yuan and a maturity period of 3 years [1] - The bonds will be issued at par value of 100 yuan, with a fixed coupon rate determined through a combination of book-building and centralized allocation [1] - The issuance process will take place from December 18 to December 22, 2025, with a payment deadline coinciding with the issuance deadline [1] Group 2: Financial Performance - As of September 2025, Jiangsu Bank's total assets reached 4.93 trillion yuan, reflecting a year-on-year growth of 27.76% [2] - The bank reported operating income of 67.183 billion yuan for the first three quarters of 2025, a year-on-year increase of 7.83%, and a net profit of 31.895 billion yuan, up 8.87% year-on-year [2] - Net interest income and net fee and commission income are the main drivers of profit growth, with net interest income reaching 49.868 billion yuan, a significant increase of 19.61% [2] Group 3: Non-Interest Income and Capital Adequacy - The non-interest income segment showed structural differentiation, with investment income at 11.599 billion yuan, a slight increase of 2.05%, while fair value changes resulted in a loss of 1 billion yuan, a decrease of 44.54 billion yuan year-on-year [3] - The bank's capital adequacy ratio has slightly declined, with the core Tier 1 capital adequacy ratio at 8.61%, down 0.51 percentage points from the end of 2024, indicating a need for capital replenishment [3] - The issuance of the 15 billion yuan financial bonds may support the optimization of the bank's capital structure [3]