Core Viewpoint - The article emphasizes the resilience and steady growth of the Bank of Communications (BoCom) in the first half of 2025, highlighting its significant role in supporting the real economy amidst macroeconomic recovery [1][2]. Financial Performance - As of June 2025, BoCom's total assets reached 15.44 trillion yuan, a year-on-year increase of 3.59%, with customer loan balances at 9 trillion yuan, up 5.18% [3]. - The bank reported operating income of 133.368 billion yuan, a 0.77% increase year-on-year, and a net profit attributable to shareholders of 46.016 billion yuan, up 1.61% [2][3]. - BoCom's non-performing loan (NPL) ratio stood at 1.28%, down 0.03 percentage points from the end of the previous year, while the provision coverage ratio increased by 7.62 percentage points to 209.56% [3]. Business Strategy and Development - BoCom has integrated a comprehensive business model, including commercial banking, financial leasing, and insurance, with subsidiaries contributing 9.91% to the group's net profit [4]. - The bank has focused on high-quality development, implementing the "One Four Five" strategy and emphasizing digital transformation and the construction of Shanghai as a financial hub [4][10]. Support for Key Sectors - BoCom is actively supporting major national strategies and key sectors, with a focus on technology finance, green finance, and inclusive finance, aligning with the central government's "Five Major Articles" initiative [5][6]. - The bank's technology loan balance exceeded 1.5 trillion yuan, with a year-on-year growth of 22.93% in loans to technology-oriented small and medium-sized enterprises [6]. Innovation and Digital Transformation - BoCom has established a digital operation center to enhance its financial services through technology, including the application of artificial intelligence and blockchain [11][12]. - The bank has launched various digital products and services, including cross-border payment solutions and credit products, to improve efficiency and customer experience [11][12]. Shareholder Returns - In the first half of 2025, BoCom distributed cash dividends of 0.1563 yuan per share, totaling 13.811 billion yuan, maintaining a dividend payout ratio of 30% for the 14th consecutive year [4].
交行2025年中报:以“稳”筑根基,以“质”创价值