降息、降本、撤APP……银行降本增效大行动！

Core Viewpoint - The article discusses how commercial banks are focusing on cost reduction and efficiency improvement in response to the ongoing pressure of narrowing net interest margins and declining asset yields [1][2]. Group 1: Liability Management - Commercial banks are actively reducing high-cost deposit products as a response to the central bank's interest rate cuts, leading to historically low deposit rates [3][4]. - A total of 42 listed banks in A-shares reported a decrease in interest expenses to 3.43 trillion yuan, an 11.36% decline compared to the same period last year, with some banks like Ping An Bank seeing a reduction of 21.61% [5]. - Banks are implementing strategies to clean up high-cost deposits and adjust deposit product structures to further lower overall liability costs [6]. Group 2: Operational Efficiency - Banks are adopting a "frugal" management approach to reduce operational expenses, with half of the listed banks reporting a decrease in their cost-to-income ratios compared to the previous year [7][8]. - Xi'an Bank showed a significant reduction in its cost-to-income ratio from 25.18% to 18.50%, well below the industry average of 31.82% [8]. - Major banks like Postal Savings Bank have also reported a decrease in operational expenses, attributing this to enhanced cost management and digital transformation efforts [9][10]. Group 3: Digital Integration - Banks are consolidating their mobile applications to reduce operational and maintenance costs, moving towards a "less but better" approach in app management [11][12]. - Several banks have closed independent credit card apps and integrated their functions into main banking apps, reflecting a shift from vertical management to localized operations [13][14].