除了银行端对信用卡分期费率的优惠外，财政贴息政策更让消费者享受到双重福利。1月20日，财政 部、中国人民银行、金融监管总局三部门联合印发通知，明确优化实施个人消费贷款财政贴息政策。新 政发布后，多家银行迅速响应，密集发布实操细则与答疑指引，部分机构同步开启信用卡分期贴息补申 请通道，确保政策红利快速落地。 北京商报讯（记者 孟凡霞 周义力）年味渐淡，而超长春节假期消费后的账单压力正悄然袭来。2月24 日，马年复工首日，北京商报记者梳理发现，在财政贴息政策支持下，多家银行正密集加码信用卡分期 优惠，以折扣、优惠券、抽奖等"真金白银"的补贴方式降低居民信贷压力，助力消费市场开门红。 复工首日，北京商报记者注意到，在社交平台上不少消费者晒出自己的信用卡分期账单。一位辽宁地区 的消费者分享，其近4万元账单分24期偿还，首期利息为56.38元，叠加财政贴息后单期分期利息再减免 17.19元。"银行给了2.1折的分期优惠券，折后年化利率约3.26%，出账时又叠加了1%的财政贴息，实际 年化利率降至2.26%，确实很划算。"另有北京地区的消费者表示，自己2万余元的分期账单分12期后， 在银行分期优惠折扣与1%的财政补贴双重 ...

年味渐淡，而超长春节假期消费后的账单压力正悄然袭来。2月24日，马年复工首日，北京商报记者梳理发现，在财 政贴息政策支持下，多家银行正密集加码信用卡分期优惠，以折扣、优惠券、抽奖等"真金白银"的补贴方式降低居 民信贷压力，助力消费市场开门红。 信用卡分期双重福利齐上阵 复工首日，北京商报记者注意到，在社交平台上不少消费者晒出自己的信用卡分期账单。一位辽宁地区的消费者分 享，其近4万元账单分24期偿还，首期利息为56.38元，叠加财政贴息后单期分期利息再减免17.19元。"银行给了2.1 折的分期优惠券，折后年化利率约3.26%，出账时又叠加了1%的财政贴息，实际年化利率降至2.26%，确实很划 算。"另有北京地区的消费者表示，自己2万余元的分期账单分12期后，在银行分期优惠折扣与1%的财政补贴双重优 惠下，年化利率由3.06%降至2.06%。 尽管财政贴息与银行折扣让利消费者，但在实际体验中，不少用户仍感困惑：不同银行优惠规则不一、不同用户分 期费率定价存在差异，再加上贴息与折扣的叠加计算，让不少消费者陷入"看得懂优惠，算不清成本"的困境，对实 际省多少钱、真实资金成本缺乏清晰判断。 而从各家银行公布的信用卡 ...

Core Insights - The credit card installment market in China is experiencing new trends due to fiscal subsidies and bank interest rate discounts, leading to lower annualized rates and increased consumer engagement [1] Group 1: Market Dynamics - The fiscal subsidy policy has prompted a promotional battle among banks, with innovative services being introduced to attract consumers [1] - A consumer from Inner Mongolia shared that a credit card bill of approximately 128,000 yuan was repaid in 12 installments, benefiting from fiscal subsidies and bank discounts, significantly lowering the annualized interest rate [2] - Complaints regarding high installment fees and revolving interest have surged, with over 57,300 related complaints reported on a consumer complaint platform [2] Group 2: Consumer Behavior - During the Spring Festival, financial institutions are actively promoting consumption, with specific campaigns offering discounts for using designated credit cards for installment payments [3] - The China Bank announced discounts for credit card installment applications, allowing customers to stack fiscal subsidies on top of existing discounts [3] Group 3: Policy Support - The Ministry of Finance has included credit card installment services in the fiscal subsidy support scope, with several banks responding positively [3] - The personal consumption loan fiscal subsidy policy, effective since September of the previous year, has been extended until the end of 2026, with a subsidy cap of 3,000 yuan per borrower [3] Group 4: Service Optimization - Banks are not only competing on price but also enhancing service quality, with some institutions adopting new service models to address consumer pain points [4] - A bank in Fuzhou has transformed its service approach to provide comprehensive financial services to merchants, moving beyond traditional loan offerings [4] Group 5: Consumer Protection - Legal experts advise consumers to proactively communicate with banks if they anticipate difficulties in repayment, warning against fraudulent debt negotiation services [5] - Regulatory bodies have issued warnings about misleading financial claims and the importance of obtaining information from official channels to avoid scams [5]

● 本报记者 吴杨 在财政贴息与银行利率折扣作用下，年化利率降低，让信用卡分期变得"真香"。中国证券报记者调研发 现，在财政贴息政策背景下，银行信用卡分期市场呈现新动向：在银行端，促销战与服务创新如火如 荼；在监管侧，风险提示与消费者保护同步加强，共同勾勒出消费信贷生态健康发展新图景。 算起"精明账" 这些活跃的市场行为离不开政策的强力支持。1月20日，财政部相关负责人在新闻发布会上明确，已将 信用卡账单分期业务纳入财政贴息支持范围，已有多家银行积极响应。此外，自去年9月开始实施的个 人消费贷款财政贴息政策，其实施期限将延长至2026年底，每名借款人可享受消费贷款和信用卡贴息的 上限为3000元。 邮储银行研究员娄飞鹏表示，优化个人消费贷款贴息政策，关键在于通过财政精准补贴降低居民信贷成 本，激发消费意愿，进一步打通"收入—消费—信心"循环，助力内需回升。 优化服务 激烈的市场竞争下，银行比拼的不仅是价格，更是服务。春节期间，部分银行的服务模式悄然转变。 在福建福州的水果摊前、蔬菜堆旁、干货店里，都能见到邮储银行福州闽侯马腾支行员工的身影。他们 并非在采购年货，而是在开展"行走的银行"服务。自2011年扎根于 ...

资料图 往后看，以"两重两新"、城市更新、传统基建和新基建、新兴和未来产业等为重点锚点方向，这些领域 的投资及配套融资需求也成为下阶段发力重点。 春节假期前的消费活力释放，也支撑了个人贷款平稳增长。 数据显示，1月住户贷款增加4565亿元，同比增加127亿元。其中，居民短贷增加1097亿元，同比多增 1594亿元；居民中长贷增加3469亿元，同比少增1466亿元。 温彬表示，节前消费活力和旺季营销带动下，非房消费贷、经营贷投放加码。临近春节居民购物消费热 度阶段性上涨，年货采买、家装换新、文旅出行等多元化消费需求集中释放，对个人贷款增长拉动效应 凸显。 近期个人消费贷和经营贷贴息政策优化，也对个人贷款增长形成支撑；叠加银行"开门红"旺季营销推 动，消费贷、信用卡分期规模增长迎来季节性高峰。开年营销带动、政策推动，以及部分经营主体节前 备货、结算等资金需求升温下，经营贷也有所提升。 红星资本局2月14日消息，2月13日，中国人民银行公布1月金融统计数据。2026年1月新增人民币贷款4.71 万亿，同比少增4200亿；1月新增社会融资规模为7.22万亿，同比多增1662亿，创单月历史新高。金融体 系对实体经济的支 ...

Core Viewpoint - The banking industry is undergoing an unprecedented transformation cycle in 2025, driven by macroeconomic stability, interest rate declines, regulatory upgrades, digital iteration, and a consensus on "anti-involution," pushing listed banks to accelerate their shift from "scale expansion" to "value prioritization" [2][10]. Performance Overview - As of February 10, 2026, 11 out of 42 listed banks in A-shares have reported their 2025 performance, all achieving year-on-year growth in net profit attributable to shareholders, reflecting "stable volume, quality improvement, and structural enhancement" [2][13]. - Among these banks, 10 achieved both revenue and net profit growth, with only CITIC Bank experiencing a slight revenue decline of 0.55%, breaking the market's pessimistic expectations regarding industry profitability [14]. Institutional Performance - City commercial banks showed remarkable performance, with Qingdao Bank's net profit increasing by 21.66%, leading the group; Qilu Bank and Hangzhou Bank also exceeded 10% growth, at 14.58% and 12.05% respectively [3][14]. - In the joint-stock bank category, Shanghai Pudong Development Bank achieved a net profit growth rate of 10.52%, the only institution in this category to reach double-digit growth; other banks like China Merchants Bank, CITIC Bank, and Industrial Bank had relatively modest growth rates of 1.21%, 2.98%, and 0.34% respectively [3][14]. Asset Quality and Risk Management - The 11 banks have increased their risk management efforts, with core asset quality indicators showing improvement; 6 banks reported a decrease in non-performing loan (NPL) ratios compared to the previous year [3][15]. - Qingdao Bank saw the most significant decline in NPL ratio, down 17 basis points to 0.97%; Qilu Bank and Shanghai Pudong Development Bank also saw declines of 14 and 10 basis points, respectively [4][15]. - Despite 8 banks experiencing a decline in provision coverage ratios, the overall level remains high, indicating solid risk resistance capabilities; Qingdao Bank and Qilu Bank saw increases in their coverage ratios [4][15]. Industry Transformation - The banking industry is accelerating its transformation, moving beyond scale expansion to seek balance among efficiency, safety, and value, driven by various policies and practices [6][17]. - Regulatory bodies have encouraged financial institutions to support key sectors of the real economy, with structural monetary policy tools effectively implemented [6][17]. - The introduction of consumer loan interest subsidies aims to stimulate domestic demand, with banks lowering consumer loan rates significantly [7][18]. Future Trends - The banking industry is expected to maintain a stable asset quality in 2026, with NPL ratios remaining steady and risk resistance capabilities strong [10][21]. - The differentiation among institutions will become more pronounced, with large state-owned banks and quality joint-stock banks maintaining low NPL ratios, while some smaller banks may face pressure [11][21]. - Investment logic will focus on "high dividend, defensive" and "high quality, growth" dual lines, with high-dividend banks likely to attract continued investment [12][22].

3.信用卡申请、信用卡分期：2月8日02:00至03:00。 微信银行 信用卡申请：2月8日02:00至03:00。 暂停业务类型 暂停时间（北京时间） 个人网银、手机银行 1.跨行普通转账汇款：2月8日02:00至04:50； 2.手机银行教育专区：2月8日02:00至03:40； 2026年2月4日，中国银行（601988）发布公告称，为给您提供更加丰富和优质的金融服务，中国银行将 于2026年2月8日（周日）进行系统升级，届时将暂停个人电子渠道部分服务，包括个人网银、手机银 行、微信银行等，具体安排如下： 中国银行将努力缩短因系统升级而暂停服务的时间，在上述公告停业时间内，如实际停业时间缩短，中 国银行将正常处理客户提交的交易，相关交易均有效。对系统升级给您带来的不便，敬请谅解。如有任 何问题或需任何帮助，敬请咨询在线客服或致电95566。 ...

信用卡分期也可领"国补" 怎么操作？怎么享受？ 刷信用卡分期买买买，也可以领"国补"了！ 财政部等三部门近日发布《关于优化实施个人消费贷款财政贴息政策有关事项的通知》（以下简称《通 知》），首次将贴息范围扩展至信用卡账单分期业务，年贴息比例为1个百分点，覆盖2026一整年。 此次个人消费贷款财政贴息政策升级，还有哪些利好？ 比如，提高贴息标准，取消单笔消费贴息500元和单家机构1000元的限制，调整为单家机构每年最高 3000元；增加经办机构，纳入监管评级3A以上的银行及消费金融公司、汽车金融公司，经办机构从原 来的23家扩大到500多家，这有助于发挥中小金融机构机制灵活、贴近市场等优势，加快落实消费贷款 贴息政策，提升居民的消费意愿和能力。 此次对个人消费贷款财政贴息政策的优化，传递出财政、金融政策协同发力、有力有效支持提振消费的 明确信号。 据新华社 信用卡分期是一种广泛使用的消费信贷方式，相比个人消费贷款，信用卡分期实际利率相对较高。给予 财政贴息，将直接降低持卡人的实际成本，也将助力相关商家提高营业额，更好地发挥信用卡对提振消 费、扩大内需的积极作用。 买什么可享"国补"？根据《通知》，贴息政策已经取 ...

Investment Rating - The report indicates a challenging environment for commercial banks in China, with a focus on the narrowing net interest margin (NIM) and profitability under a low interest rate regime [2]. Core Insights - The net interest margin of Chinese commercial banks has been declining, reaching 1.42% in the first three quarters of 2025, with a notable "inversion" between NIM and non-performing loan rates, posing significant challenges to the traditional profit model reliant on interest rate spreads [2][7]. - Leading banks are adjusting their asset-liability structures to stabilize and potentially recover NIM, while regulatory bodies are enhancing guidance through self-regulatory mechanisms and policy tools to maintain reasonable NIM levels [2][34]. - The report anticipates that the rate of decline in NIM may slow, but some banks may still experience low or negative NIM, necessitating ongoing attention to their long-term profitability and credit quality [2][35]. Summary by Sections 1. Definition of Net Interest Margin - Net interest margin (NIM) is a key indicator of bank profitability, reflecting the ability to earn net interest income through core operations, influenced by asset pricing, liability costs, and the structure of assets and liabilities [4]. 2. Current Status and Influencing Factors of NIM - Since 2015, China's commercial banks have experienced two significant downward cycles in NIM, with a cumulative decline of approximately 100 basis points from around 2.5% to about 1.42% by mid-2025 [6][7]. - Factors affecting NIM include declining LPR rates, increased competition, and changes in loan structures, leading to lower interest income and profitability [10][18]. 3. Short-term Responses of Commercial Banks - In response to low NIM, banks are focusing on enhancing asset yields, reducing liability costs, and expanding non-interest income to stabilize overall profitability [30]. - Banks are increasing their allocation to financial assets and enhancing bond trading capabilities, with financial assets constituting 31.25% of total assets by mid-2025 [31]. - Efforts to lower liability costs include adjusting deposit structures and rates, optimizing funding sources, and managing high-cost products [32][33]. 4. Conclusion and Outlook - The narrowing of NIM is a result of both cyclical and structural factors, posing core challenges to traditional profit models [34]. - The report suggests that banks with strong pricing capabilities, stable low-cost funding, and diversified income structures are likely to navigate the cycle successfully, while others may face ongoing pressure on NIM and profitability [35].

去年让不少消费者省钱的个人消费贷款贴息政策今天重磅升级啦！不仅延长了补贴时间，还扩大了覆盖范围，连信用卡分期也能享受补贴。具体有哪些变 化？老王给你划重点！ 变化一：政策期限延长。去年政策只覆盖到今年8月31日，这次新政直接延长到今年12月31日。 变化二：信用卡分期现在也能享受贴息，政策用起来更灵活。过去贴息只针对消费贷款，现在信用卡账单分期也能享受1%的贴息。 变化三：取消消费领域限制。旧政策大额消费补贴限定在汽车、家装、文旅等领域。现在所有真实消费都能申请，无论是超市购物、健身房办卡，还是给 孩子报兴趣班，只要通过正规消费贷款或分期消费，都有机会享受补贴。 不过，老王也提醒大家，贴息只针对真实消费，套现、投资等违规行为都会被取消资格。 那怎么申请？和去年一样，贷款或分期时，你授权给银行查验消费记录，系统就会自动核算补贴，个人无需操作。 监制丨岳群制片人丨朱继华 赵曙光记者丨王雷 王楠摄像丨崔学峰 编辑丨杨一郎 张昊 [ 责编：丛芳瑶 ] 变化四：补贴额度放宽，每年最高省3000元。过去一笔消费贷款超过5万的部分就不贴息了，现在没有这个要求，只保留每年每家机构3000元的总额度。 举个例子：小李在建设银行 ...