Core Insights - The State Bank of India (SBI) anticipates a revival in corporate credit demand, expecting double-digit growth in the upcoming two quarters due to improved economic activity [1][2] - SBI has a robust pipeline of approximately ₹7 lakh crore in loan sanctions, which includes unutilized working capital limits and term loans currently under disbursement [1][2] - The bank's Chairman indicated that the corporate credit segment has shown a turnaround with a growth of 7.1% in Q2 [2] Corporate Credit Growth - Corporate credit demand is expected to grow in the lower double digits over the next two quarters, supported by a strong pipeline [2][3] - Working capital utilization is increasing as economic activity improves, contributing to stronger credit demand [2] Loan Disbursement and Capital Adequacy - Term loans that are already approved are being drawn, and ongoing project discussions will create a replacement pipeline for future credit [3] - SBI aims to maintain a capital adequacy ratio (CRAR) of 15% over the next 5-6 years without needing additional equity capital [3][4] Fundraising Activities - SBI raised ₹25,000 crore through a qualified institutional placement (QIP) in July, marking the largest QIP in Indian capital markets [7] - The bank plans to raise an additional ₹12,500 crore through Tier II bonds this year to replace maturing papers [7] Net Interest Margin and Monetary Policy - SBI is confident in achieving a net interest margin of 3%, even if the Reserve Bank of India (RBI) cuts the repo rate by 0.25% [8] - The upcoming RBI Monetary Policy Committee meeting is expected to result in a shallow rate cut, which may not significantly impact margins [9][10]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 WEIHAI BANK CO., LTD.* 一、資本管理情況 （股 份 代 號：9677） 2025年第三季度財務數據概要 本公告乃由威海銀行股份有限公司*（「本 行」，連 同 其 附 屬 公 司 統 稱 為「本集團」） 根 據《香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則》第13.09條 及《證 券 及 期 貨 條 例》（香 港法例第571章）第XIVA部 項 下 的 內 幕 消 息 條 文 而 作 出。 根 據《全 國 銀 行 間 債 券 市 場 金 融 債 券 發 行 管 理 辦 法》等 相 關 規 定，本 行 認 真 履 行 各 項 資 訊 披 露 義 務，及 時 披 露 財 務 資 訊、經 營 資 訊 及 資 本 管 理 資 訊。 依 據《商 業 銀 行 資 本 管 理 辦 法》的 相 關 規 定，對 商 業 銀 ...

Financial Data and Key Metrics Changes - Banco de Chile reported a net income of CLP 654 billion for Q2 2025, representing a year-to-date growth of 2% and resulting in a return on equity (ROE) of 21.9% [4][26] - The bank's operating income totaled CLP 763 billion in 2025, reflecting stable performance despite subdued business activity [27] - The net interest margin reached 4.7% for the quarter and 4.8% as of June 2025, maintaining a leading position in the industry [30] Business Line Data and Key Metrics Changes - Customer income grew by 2.7% year-on-year to CLP 626 billion, driven by a 6.2% increase in net income from loans and an 8.1% rise in fee income [28] - Non-customer income declined to CLP 137 billion from CLP 160 billion in the same period last year, primarily due to lower inflation revenues [28] - Total loans reached CLP 39.4 trillion as of June 2025, reflecting an annual increase of 3.9% [31] Market Data and Key Metrics Changes - The Chilean economy showed signs of recovery with GDP growth of 2.3% year-on-year in Q1 2025, above the estimated long-term trend of around 2% [6] - The unemployment rate stood at 8.9% in June 2025, up 60 basis points from a year earlier, indicating mixed signals in the labor market [8] - Inflation remained above the central bank's 3% target, with a headline rate of 4.1% in June, down from 4.9% in March [9] Company Strategy and Development Direction - Banco de Chile's strategy focuses on supporting the development of Chile through efficiency, collaboration, and a customer-first mindset [20] - The bank aims to achieve sustainable, long-term industry-leading profitability and market leadership in both commercial and consumer loans [21] - Recent initiatives include enhancing digital capabilities, integrating subsidiaries for operational efficiency, and participating in state-guaranteed credit programs [25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the bank's fundamentals despite ongoing global uncertainties and political dynamics in Chile [5][49] - The GDP forecast for 2025 was revised upwards to 2.3%, reflecting stronger-than-expected economic performance early in the year [48] - Expected credit loss ratio is projected to be approximately 1% for the year, indicating a gradual improvement in asset quality as economic activity gains momentum [50] Other Important Information - The bank's common equity Tier 1 ratio reached 14%, positioning it among the top performers in the industry [41] - Total provisions amounted to CLP 1.5 trillion, with a coverage ratio of 252%, reflecting a conservative approach to credit risk management [46] - Operating expenses increased by 3% year-on-year, remaining below the inflation rate of 4.5% over the past twelve months [47] Q&A Session Summary Question: Insights on the political landscape and potential regulatory impacts - Management noted the likelihood of a second round in presidential elections and emphasized the importance of economic growth discussions among candidates [56] - There is a consensus on the need to improve growth, with proposals for lower corporate tax rates and reduced bureaucracy [57] Question: Outlook on net interest margins (NIM) and ROE - Management expects lower interest rates in the future, with a target NIM of around 4.5% to 4.7% in the medium term [59][60] - The aspiration for ROE is to be the leader in the industry, with a focus on enhancing digital platforms and productivity [62] Question: Cost control initiatives and future expense growth - Management highlighted significant cost control measures, including a reduction in branch network and increased digital tool usage, contributing to improved efficiency [76] - The expectation is to maintain an efficiency ratio below 42%, with ongoing efforts to control expenses despite inflation [80] Question: Loan growth outlook and fee income performance - Management indicated a cautious approach to loan growth, with guidance to grow slightly above the industry average of 4% [85] - Fee income has been strong, growing at 8% year-on-year, which is significantly above loan growth [85]

Financial Data and Key Metrics Changes - In Q1 2025, Banco Macro's net income totaled ARS 45.7 billion, a decrease of 59% or ARS 65.3 billion compared to Q4 2024 [4] - The annualized return on average equity was 3.81% and the return on average assets was 1.2% [5] - Net operating income before general and administrative expenses was ARS 801 billion, down 9% or ARS 82.6 billion from Q4 2024 [5] - Provision for loan losses increased by 60% or ARS 25.3 billion compared to Q4 2024, totaling ARS 66 billion [6] - Net interest income was ARS 579.2 billion, ARS 1 billion higher than Q4 2024, and up 122% or ARS 318 billion year-on-year [6][10] Business Line Data and Key Metrics Changes - Interest income totaled ARS 866.7 billion, down 3% or ARS 22.6 billion from Q4 2024 [7] - Income from interest on loans increased by 9% or ARS 49.6 billion compared to the previous quarter, but decreased by 18% or ARS 132.2 billion year-on-year [7][8] - Fee income was ARS 169.8 billion, a decrease of 1% or ARS 943 million from Q4 2024, but increased by 29% year-on-year [11] - Net income from financial assets and liabilities at fair value through profit or loss was ARS 66.4 billion, down 55% from Q4 2024 [12] Market Data and Key Metrics Changes - Banco Macro's market share over private sector loans reached 9.5% as of March 2025 [16] - Total deposits increased by 5% or ARS 485.4 billion quarter-on-quarter, totaling ARS 9.6 trillion, and increased by 23% year-on-year [16] - Nonperforming loans ratio was 1.44%, with a coverage ratio of 163.34% [17] Company Strategy and Development Direction - The bank aims to utilize its excess capital of ARS 3.2 trillion, with a capital adequacy ratio of 34.3% and a Tier one ratio of 33.6% [18] - The focus is on organic growth, with potential for future M&A opportunities as the number of banks in Argentina may shrink [26][27] Management's Comments on Operating Environment and Future Outlook - Management expects real loan growth of 60% for 2025 and deposits to grow at 45% [24] - Inflation is forecasted at around 30% for 2025, with a declining trend in domestic interest rates anticipated [35] - Operating expenses are expected to grow close to inflation, around 30% [36] Other Important Information - The effective income tax rate was 43% higher than in Q4 2024 [14] - The bank's liquidity remains strong, with a liquid assets to deposits ratio of 68% [18] Q&A Session Summary Question: Update on guidance for loan growth, deposits, and ROE - Management maintains a 60% loan growth forecast for 2025, with deposits expected to grow at 45% and ROE revised to 8% to 10% [24][25] Question: Expectations on macroeconomic factors - GDP growth is forecasted at 5% for 2025, with inflation at 30% and a declining trend in interest rates [35] Question: Loan to deposit ratio and capital ratio - The loan to deposit ratio is expected to increase, with loans representing 48% of total assets in Q1 2025 [37] Question: Bond portfolio positioning - The bank prefers high exposure to inflation-linked securities to hedge equity, aiming to maintain a stable level of available-for-sale bonds [46][48]