Core Insights - The overall asset quality of the banking industry in China remained stable in the first half of 2025, with a slight decrease in the non-performing loan (NPL) ratio, although there were regional disparities in credit quality [1][2][4] Group 1: National Overview - As of June 2025, the average NPL ratio for commercial banks in China was 1.49%, with 16 out of 25 regions reporting an increase in NPL ratios since the beginning of the year [1][2] - Major state-owned banks and joint-stock banks reported NPL ratios of 1.21% and 1.22%, respectively, showing a decline or stability compared to early 2025 [2][7] - Regions such as Gansu, Shanghai, Heilongjiang, and Hebei achieved reductions in both NPL ratios and NPL balances, indicating improved asset quality [2][3] Group 2: Regional Performance - Gansu's NPL ratio decreased from 2.56% at the end of 2024 to 2.31% by mid-2025, with a reduction in NPL balance from 742.7 billion to 695.44 billion, marking it as one of the regions with the largest decline [2][3] - In Shanghai, the NPL ratio fell from 1.02% to 0.90%, with a decrease in NPL balance of approximately 104 billion [3] - Other regions like Tianjin, Hebei, and Chongqing also reported declines in NPL ratios, contributing to a steady improvement in asset quality [3] Group 3: Areas of Concern - Six regions, including Guangdong, Zhejiang, and Jiangsu, experienced slight increases in NPL ratios, with Guangdong's ratio rising to 1.62% and an NPL balance increase of approximately 327 billion [4][5] - The inland regions, such as Guizhou and Sichuan, also saw minor increases in NPL ratios, indicating potential pressure on asset quality in these areas [5] - Analysts suggest that the temporary rise in NPL ratios in economically developed regions is linked to large credit bases and the gradual clearing of risks in certain industries [5][6] Group 4: Risk Management and Future Outlook - The banking sector is actively addressing non-performing assets, with a significant increase in the scale of NPL transfers, reaching 667 billion in the second quarter of 2025, a year-on-year increase of 108.8% [6] - The focus on retail and small business loans has led to increased pressure on asset quality, but new fiscal tools and active capital markets are expected to improve banking performance in the latter half of the year [6][7] - Reforms in small and medium-sized banks are progressing, with several provinces accelerating the restructuring of rural credit cooperatives, which is expected to help mitigate risks [7]

证券时报记者谢忠翔 2025年上半年，全国银行业资产质量总体保持稳定，不良贷款率小幅下降，不同地区之间信贷质量有所 分化。 证券时报记者梳理国家金融监督管理总局网站数据发现，已公布2025年6月末银行业不良贷款数据的25 个地区（含省、自治区、直辖市和计划单列市）中，16个区域不良贷款率较2025年年初有所上升，但相 对于全国商业银行1.49%的平均不良率水平，大多数区域仍低于该指标，反映出风险整体可控，局部压 力仍在持续释放。 其中，甘肃、上海、黑龙江、河北等地通过持续压降不良，实现不良率与不良贷款规模"双降"或单指标 改善。 多地不良率持续改善 2025年上半年，全国多数地区银行资产质量保持稳健，其中国有大行、股份制银行不良率分别为1.21% 和1.22%，较2025年初均有所下降或持平。 从全国不同地区看，各地银行业资产质量仍有所差异。据证券时报记者梳理，全国已公布2025年6月末 数据的25个地区中，若以全国商业银行不良贷款率1.49%为基准，高于该基准的地区有9个。而浙江、 江苏、北京、上海、厦门和安徽6个地区该项指标均低于1%。 今年上半年，甘肃、上海、黑龙江及河北等地不良贷款率实现下降，资产质量 ...