近年来，大型银行服务半径持续下探，区域性银行网点与资金成本优势不再，客户结构、资产质量 承压。叠加净息差长期收窄，商业银行正从"规模增长优先"转向"资产效率提升"。 广州农商银行近年来的战略调整值得关注。这家资产规模超万亿的机构，正逐步将资源向"单笔金 额更小、客户更分散"的信贷领域倾斜。这种变化并非应对市场格局变化的权宜之计，而是对自身定 位、经营模式与组织能力的系统性重构。 这引出三个值得深究的问题：当前环境下，为何选择中小额资产作为突破口？转型怎样穿透内部惯 性真正落地？战略执行后，哪些关键结构性指标变化能真正体现转型成效？ 解码广州农商银行的实践，对理解中小银行在复杂环境下的转型路径具有重要参考意义。 为什么是中小额资产？ 外部挤压与内部转型的双重压力，正在重塑中小银行的增长逻辑。 近年来，国有大行及部分股份制银行凭借低成本负债与数字化平台，加速向小微企业领域渗透。它 们用标准化产品、低利率策略抢占原本属于地方法人机构的优质客群，形成明显"虹吸效应"，中小银行 传统依赖"大户"的增长模式越来越难走通。 当前银行业净息差已触及历史低位附近，继续依赖扩大大额贷款规模来"保收益"，不仅无法摆脱盈 利困境，还 ...

近年来，大型银行服务半径持续下探，区域性银行网点与资金成本优势不再，客户结构、资产质量承 压。叠加净息差长期收窄，商业银行正从"规模增长优先"转向"资产效率提升"。在大行挤压与盈利承压 的夹缝中，地方中小金融机构如何找到可持续发展的角色定位？ 广州农商银行近年来的战略调整值得关注。这家资产规模超万亿的机构，正逐步将资源向"单笔金额更 小、客户更分散"的信贷领域倾斜。这种变化并非应对市场格局变化的权宜之计，而是对自身定位、经 营模式与组织能力的系统性重构。 这引出三个值得深究的问题：当前环境下，为何选择中小额资产作为突破口？转型怎样穿透内部惯性真 正落地？战略执行后，哪些关键结构性指标变化能真正体现转型成效？ 解码广州农商银行的实践，对理解中小银行在复杂环境下的转型路径具有重要参考意义。 为什么是中小额资产？ 外部挤压与内部转型的双重压力，正在重塑中小银行的增长逻辑。 近年来，国有大行及部分股份制银行凭借低成本负债与数字化平台，加速向小微企业领域渗透。它们用 标准化产品、低利率策略抢占原本属于地方法人机构的优质客群，形成明显"虹吸效应"，中小银行传统 依赖"大户"的增长模式越来越难走通。 当前银行业净息差已触及 ...

Core Viewpoint - The article discusses the strategic shift of Guangzhou Rural Commercial Bank towards focusing on small and medium-sized assets in response to external pressures from larger banks and internal operational challenges, emphasizing the need for sustainable growth in a competitive environment [1][3]. Group 1: Why Focus on Small and Medium-Sized Assets? - The external pressure from large state-owned banks and some joint-stock banks has intensified competition in the small and micro-enterprise sector, leading to a "siphoning effect" that challenges the traditional growth model of small banks [3]. - The current low net interest margin in the banking industry necessitates a shift from relying on large loans to enhance profitability, as this could exacerbate risk concentration [3]. - Regulatory guidance is pushing banks to return to their core functions, making refined and differentiated operations essential for small banks [3][4]. - Guangzhou Rural Commercial Bank's strategy to focus on small and medium-sized assets is based on benchmarking against successful peers, aiming for a minimum of 50% of its asset portfolio to be in small and medium-sized loans to enhance risk resilience [4]. Group 2: Economic Structure and Local Market - The economic structure of Guangdong, particularly Guangzhou, supports the bank's transformation strategy, with a diverse range of small and micro enterprises providing a substantial "long-tail demand" for small asset business [4]. - Small and medium-sized assets, despite their smaller individual amounts, offer natural risk diversification and greater pricing flexibility, helping to alleviate the pressure from narrowing interest margins [4]. Group 3: Strategic Implementation - The bank has launched the "Three Hundred Billion Project," aiming to achieve a scale of 1 trillion yuan in small and medium-sized corporate loans, inclusive of microfinance and retail loans, within 2-3 years, increasing the proportion of small and medium-sized assets to over 40% [5]. - The execution of this strategy requires a comprehensive restructuring of asset allocation, approval processes, organizational mechanisms, and channel capabilities [5][6]. - The bank's focus on enhancing core competitiveness in small and medium-sized assets involves improving product innovation, customer service, technological support, and efficiency [5][6]. Group 4: Operational Adjustments - The bank is actively compressing large credit scales and reallocating resources towards small and medium-sized clients, which may temporarily affect loan growth rates but will enhance risk diversification [6]. - The strategy includes reducing reliance on real estate and third-sector loans while increasing investments in manufacturing and high-tech sectors to align with local economic development needs [6]. - The bank is shifting from short-term loans to long-term investments, enhancing the alignment of loans with actual investment activities [6]. Group 5: Enhancing Service Capabilities - The bank is adopting a technology-driven approach to streamline the approval process, significantly reducing service time and enhancing customer experience [7]. - The operational focus is being decentralized, empowering local branches to manage customer relationships and services, thereby improving responsiveness and service quality [7][8]. Group 6: Key Performance Indicators - The bank's mid-2025 disclosures indicate that small and medium-sized asset businesses have become a core growth engine, with significant year-on-year growth in various loan categories [10]. - Key structural indicators show an increase in average daily loan size per branch and a higher proportion of small and medium-sized loans in the overall loan portfolio, reflecting improved asset quality and operational resilience [11][12]. - The transformation strategy is shifting from volume-driven growth to quality enhancement, leading to a more balanced asset structure and reduced risk exposure [12].

本报（chinatimes.net.cn）记者张萌 卢梦雪 北京报道 9月10日，武汉农商银行发布公告，披露其2025年科技创新债券发行情况。"25武汉农商科创债"实际发 行总额为6亿元，票面利率为1.85%。 记者注意到，本次债券的信用评级由联合资信承担，其在出具的评级报告中，同步披露了武汉农商银行 7.71亿股增资扩股项目的进展。该项目对应增资金额为27亿元，由7家武汉国资企业出资。增资完成 后，武汉农商银行总股本将增至67.69亿元，国有股份持股比例将由原来的38.45%大幅提升至57.56%。 根据评级报告，增资事项仍在流程中，相关资金已经计入其他权益工具。 此次增资完成后，武汉农商银行总股本将增至67.69亿元，国有股份合计持股比例将大幅提升至 57.56%。 国有股份持股比例将过半 去年12月，国家金融监督管理总局正式批复同意武汉农商银行定向募集股份不超过7.71亿股，批复同时 核准了武汉金融控股（集团）有限公司（下称"武汉金控"）和武汉光谷金融控股集团有限公司（下 称"武汉光谷"）的股东资格。 根据批复安排，此次增资完成后，武汉金控及其关联方合计将持有武汉农商银行8.3亿股股份，武汉光 谷持股规 ...