Core Viewpoint - Harbin Bank focuses on meeting the needs of the real economy as the starting point and goal for high-quality development in the first half of 2025 [1] Group 1: Financial Support for Real Economy - The bank aims to provide financial support for the development of the real economy by leveraging its advantages in group operation and distribution [1] - The bank is deepening its involvement in key financial areas such as technology and green finance, increasing medium to long-term loans in manufacturing, and supporting modern agriculture and county economies [1] Group 2: Loan Growth and Structure - As of June 30, 2025, the total amount of corporate loans reached 233.2248 billion yuan, an increase of 27.8198 billion yuan compared to the end of the previous year, accounting for 58.7% of total loans [1] - The bank's actions reflect its commitment to social responsibility, injecting vitality into the real economy while optimizing its asset structure and creating conditions for business expansion [1]

Core Viewpoint - Harbin Bank focuses on meeting the needs of the real economy as the starting point and goal for high-quality development in the first half of 2025 [1] Group 1: Financial Support for Real Economy - The bank aims to provide financial support for the development of the real economy, leveraging its operational advantages in the Heilongjiang province [1] - The group emphasizes key financial areas such as technology and green finance, increasing medium to long-term loans in manufacturing and credit investments across the entire energy industry chain [1] - The bank supports modern agriculture and county-level economies, deepening cooperation with government and state-owned enterprises, and responding to real estate financing mechanisms [1] Group 2: Loan Growth and Financial Responsibility - As of June 30, 2025, the total amount of corporate loans reached 233.2248 billion yuan, an increase of 27.8198 billion yuan compared to the end of the previous year, accounting for 58.7% of total loans [1] - The bank actively fulfills its social responsibility as a financial institution, injecting vitality into the real economy while creating conditions for its own business expansion and optimizing asset structure [1] - The bank is expected to continue benefiting from the dividends of real economic development [1]

Core Insights - The overall asset quality of city commercial banks in A-shares has improved, with a notable decrease in non-performing loan (NPL) ratios, particularly in the southeastern coastal region compared to the central and western regions [2][3][6] - Despite the overall decline in NPL ratios, there is a significant increase in personal loan NPL ratios, indicating a shift in the quality of loan portfolios [2][6][8] - The pressure on net interest margins is expected to increase in 2025, leading to greater provisioning pressures for city commercial banks [2][9] Summary by Category Asset Quality - As of the end of 2024, the NPL ratio for A-share listed city commercial banks was reported at 1.7% or higher for three banks, namely Lanzhou Bank and Zhengzhou Bank, which exceeded the national average NPL ratio of 1.76% [3][4] - A total of 11 out of 17 listed city commercial banks reported a decrease in NPL ratios, while three banks saw their ratios remain stable and three experienced increases [4][6] Regional Differences - City commercial banks in the southeastern coastal regions generally reported lower NPL ratios, with most banks maintaining ratios below 1% [5][6] - In contrast, banks in the western regions, such as Lanzhou Bank and Zhengzhou Bank, reported higher NPL ratios, indicating a stark contrast in asset quality between regions [3][5] Loan Types - The NPL ratio for corporate loans has generally decreased across the majority of city commercial banks, with significant reductions noted for Chongqing Bank and Qilu Bank [7][8] - Conversely, personal loan NPL ratios have increased for most banks, with several banks reporting ratios of 2% or higher, highlighting a growing concern in this segment [8][9] Asset Disposal Challenges - The methods employed by banks for disposing of non-performing assets include collection, restructuring, write-offs, and asset transfers, with retail loans posing higher costs for collection due to their smaller, more dispersed nature [9] - The current environment suggests that city commercial banks will face significant provisioning pressures due to the high costs associated with disposing of personal non-performing loans and the immature state of bulk disposal methods for retail loans [9]

文/曹萌 4月30日，A股上市公司年报披露接近尾声，从各家银行披露的2024年财报获悉，处在行业腰部的 城商行，整体资产质量有所提升，且在不良贷款率上，东南沿海地区城商行依旧明显低于中西部地区 城商行。 虽然2024年末11家A股上市城商行的不良贷款率较2023年末实现下降，但须格外注意的是整体不良 贷款率的下降源于加大了公司类不良贷款的处置力度，而与此同时城商行的个人贷款不良率却明显增 加。 在处置不良资产方面，对于城商行等中小银行而言，处置个人不良贷款的成本相对较高，且批量处置 难度较大。这就意味着，在净息差进一步收窄的2025年，城商行不仅要面临利息收入压力的增加， 同时还要面对较大的拨备计提压力。 01 两家上市城商行不良贷款率超平均水平 目前，A股上市城商行共17家，其中，沿海省份的商行9家，西部地区的城商行5家，而两者在资产 质量上对比鲜明。 财报显示，截至2024年末，A股上市城商行不良贷款率在1.7%以上的共有三家，分别为兰州银行、 郑州银行和西安银行。其中，兰州银行和郑州银行 的不良贷款率均超过了金融监管总局公布的2024 年末全国城商行平均不良贷款率1.76%。 02 个人贷款不良率普遍提 ...