6月初，小麦生产大县江苏南通如东县90余万亩麦田满地金黄。位于马南村的如东县马南立新家庭农场 也迎来农忙季，夏收夏种两茬活儿，几乎是脚前脚后地在赶。 "我们这里是稻麦轮作，机器和人都要'接力跑'，钱也得无缝衔接。"农场负责人蔡立新说。 在农业银行的资金支持下，蔡立新和他的农场"接力跑"进展十分顺利。 "三夏"工作关乎夏粮归仓和秋粮播种，是全年粮食增产的关键一仗。围绕粮食种收主体的各类金融服务 需求，银行业金融机构强化信贷供给、优化金融服务，为全年粮食稳产增收打下坚实基础。 高效满足"三夏"资金需求 "有了这些'新农具'，以往费时费力的工作变得更加高效精准。"种植户王先生说。 "农行帮我提高了贷款额度，这次有100万元，速度也快，3天就到账了。"蔡立新说，"今年农场里的小 麦亩产达500公斤，还可以利用部分贷款资金去邻县再收点小麦，烘干后一起卖到镇上的粮库里，多挣 点钱。"蔡立新十分开心地说。 《金融时报》记者从农业银行了解到，针对粮食企业夏收期间资金需求量大、投放集中等特点，该行着 力提高企业授信额度，建立绿色审批通道，优化办贷服务流程，切实做到"钱等粮"。 "农行江苏分行聚焦保障'三夏'生产，倾斜配置信贷资 ...

意见领袖 | 洪偌馨 1 最近，招行举行了2024年股东大会。 从交流实录来看，此次参会的大多是招商银行的'长期股东'，提的问题非常犀利、直击痛点，而招行管 理层的回复也非常真诚。 尤其是关于净息差下行压力的话题。 财报显示，招行的净息差从2024年的1.98%降至2025年一季度的1.91%。招行行长王良坦言，招行净息 差重返2%以上的难度较大。 结合实际情况来看，一季度多为银行的存量房贷利率调整期，随着2024年LPR大幅调整，必然带来资产 端收益率的下行，叠加信贷需求不足带来的冲击，利率'内卷'愈发严重。 而从负债端来看，随着定期存款基本上都进入'1'字头，现在银行整体的负债利率已经非常低，负债成 本再往下降的空间也很小。 作为中国银行业的'零售之王'，招行对于净息差的管理还是有很大优势的，负债端的客户基础好、活期 存款占比高、负债成本低，资产端挖掘高收益资产的能力也更强。 但面对当下的环境，招行也很无奈。 | 本集团 | | 2025年1-3月 | | | 2024年1-3月 | | | --- | --- | --- | --- | --- | --- | --- | | | | | 年化平均 | ...

Core Viewpoint - The article emphasizes the commitment of Jiangsu Bank to sustainable development and green finance, highlighting its role as a leader in promoting green financial practices in alignment with national strategies for a harmonious relationship between humans and nature [1][10]. Group 1: Strategic Development - Jiangsu Bank has integrated green finance into its core business strategy since 2013, collaborating with the International Finance Corporation (IFC) to launch energy efficiency loan projects [2]. - The bank established a dedicated green finance department in 2015 and adopted the Equator Principles in 2017, becoming the first city commercial bank in China to do so [2]. - In 2023, Jiangsu Bank set up a leadership group for green finance to implement national policies and released a three-year work plan for green finance development [3]. Group 2: Product and Service Offerings - Jiangsu Bank has developed a comprehensive green finance product system covering nine sectors, including corporate credit, investment banking, and retail banking [4]. - The bank has introduced innovative products such as "green innovation combination loans" and "contract energy management loans" to support the renewable energy sector [4]. - Jiangsu Bank has also launched transformation finance services, including "ESG performance-linked loans" and "carbon account-linked loans," to assist enterprises in their transition to low-carbon operations [5]. Group 3: Collaborative Efforts - Jiangsu Bank actively collaborates with government agencies and other financial institutions to create a green finance ecosystem, establishing partnerships with various departments to enhance green finance initiatives [7]. - The bank has taken a leading role in setting industry standards for green finance, participating in the development of multiple national and local green finance standards [7][8]. - Jiangsu Bank has engaged in international cooperation, joining the UK-China Green Finance Workgroup and adopting the United Nations' Principles for Responsible Banking (PRB) [8][9]. Group 4: Future Commitments - Jiangsu Bank aims to deepen its green finance innovations and optimize resource allocation to contribute significantly to the vision of a beautiful China, aligning with the "Two Mountains" theory [10].

Core Viewpoint - The article emphasizes the commitment of Jiangsu Bank to green finance and sustainable development, highlighting its role as a leader in promoting a harmonious relationship between humans and nature in China [1][3]. Group 1: Strategic Development - Jiangsu Bank has integrated green finance into its strategic planning since 2013, collaborating with the International Finance Corporation (IFC) on energy efficiency projects [2]. - The bank established a dedicated green finance department in 2015 and adopted the Equator Principles in 2017, becoming the first city commercial bank in China to do so [2]. - In 2023, Jiangsu Bank set up a leadership group for green finance to implement national policies and released a three-year work plan for green finance development [3]. Group 2: Product and Service Offerings - Jiangsu Bank has developed a comprehensive green finance product system covering nine sectors, including corporate credit, investment banking, and retail [4]. - The bank has introduced innovative products such as "green innovation combination loans" and "ESG performance-linked loans" to support various green projects [5]. - Jiangsu Bank's ecological finance services focus on environmental protection and urban green development, offering products like solid waste loans and soil restoration loans [5]. Group 3: Collaboration and Ecosystem Building - Jiangsu Bank actively collaborates with government agencies and other financial institutions to create a green finance ecosystem, enhancing its professional capabilities [7]. - The bank has established partnerships with various government departments and has been involved in setting industry standards for green finance [7][8]. - Jiangsu Bank promotes knowledge sharing and collaboration among banks through initiatives like the establishment of a green finance alliance for small and medium-sized banks [8]. Group 4: International Engagement - Jiangsu Bank has engaged in international cooperation, joining the UK-China Green Finance Working Group and becoming a signatory to the UN Principles for Responsible Banking (PRB) [8][9]. - The bank has taken leadership roles in international forums, contributing to the development of new standards for sustainable finance [9][10]. - Jiangsu Bank aims to align its operations with global best practices in sustainable finance while addressing local market needs [8].

Core Viewpoint - The opening of the Xinyie Bank Jining Huacheng Community Branch marks an expansion of financial services in the Jining main urban area, enhancing local economic support and community banking services [2][3] Group 1: Branch Development - The Xinyie Bank Jining Branch has been operating in Jining since 2010, focusing on local development and providing high-quality financial services [2] - As of the end of 2024, the branch's total deposit balance reached 11.514 billion yuan and total loan balance reached 20.763 billion yuan, ranking among the top in the city's joint-stock commercial banks [2] - The branch has received multiple honors, including "Outstanding Service Institution for Private Economy" and "Top Ten Financial Enterprises" in Jining [2] Group 2: Community and Service Focus - The new branch is a relocation and renaming of the original Xinyie Bank Jining Yifeng Times Square Community Branch, serving over 8,400 customers as of April 2025 [2] - The branch aims to provide close-to-home banking services, enhance elderly financial services, and improve digital financial service capabilities [2][3] - The surrounding business environment of Jizhou Upper City and Jinduo Li commercial area is favorable for high-quality financial business development, providing ample growth opportunities [3] Group 3: Technological Integration - The branch is equipped with smart counters, ATMs, and electronic banking experience machines, supporting over 20 high-frequency services for self-service banking [3] - It offers diverse financial services including foreign exchange, settlement, consumer loans, and business loans to meet the varied financial needs of residents [3]

得知胡志军的用款需求后，农行天津西青支行立即响应，各部门随即联动协作，开启"绿色通道"，加快 办理进度，300万元农户生产经营贷款及时发放到胡志军手中，为销售旺季备货提供了有效资金支持。 今年以来，胡志军的蝴蝶兰长势喜人、销量良好，望着满室蝴蝶兰，胡志军感慨道："如今有了农行的 支持，我更坚信，这片兰田能开出更绚烂的花！" 蝴蝶兰素有"洋兰皇后"的美誉。对种植大户胡志军而言，蝴蝶兰从一粒幼苗成长为绚烂绽放的花卉，恰 似企业从萌芽到蓬勃发展的奋斗历程。胡志军在天津市西青区张家窝镇深耕蝴蝶兰种植多年，蝴蝶兰既 是他产业的核心，更是梦想的寄托。 中国农业银行天津西青支行的客户经理廖超穿梭在张家窝镇的阡陌小道上，开启"千企万户大走访"之 旅。街边小店橱窗里，色彩缤纷的蝴蝶兰年宵花束娇艳夺目，吸引了廖超的目光。交谈中，廖超敏锐捕 捉到胡志军遇到了难题。这些年，胡志军凭借着对蝴蝶兰的热爱与独到眼光，在北京、天津等地建起规 模化种植基地，打造出一套专业高效的生产网络。但随着人们对蝴蝶兰的喜爱持续升温，每年年初都迎 来采购高峰，为了满足市场需求，他加大了幼苗采购量，资金却一时周转不开。 中国农业银行天津市分行日前发布信息称， ...

Core Viewpoint - The president of Suzhou Bank, Wang Qiang, indicated that while there will be pressure on risk control for personal business loans in 2025, it will not lead to a significant impact on the bank's asset quality [1] Group 1: Economic Outlook - The global economy and industrial chain development will continue to face uncertainties in 2025 [1] - There is no clear improvement trend in the short-term economic environment [1] Group 2: Loan Quality and Risk Management - Small and micro enterprises will continue to experience operational pressures [1] - There will be certain pressures on the management of non-performing risks related to personal business loans [1] - The bank has established a risk control mechanism to address these challenges [1] Group 3: Risk Management Strategies - The bank will enhance risk management for personal business loans and consumer loans through digital risk control technology, daily risk monitoring, improved early warning systems, and strengthened post-loan management [1]

文 ： 华创证券研究所副所长 、首席宏观分析师 张瑜（执业证号：S0360518090001） 联系人： 文若愚（微信 LRsuperdope） 事项 2025 年 4 月，新增社融 1.16 万亿（前值 5.89 万亿），新增人民币贷款 2800 亿（前值 36400 亿）。社 融存量同比增长 8.7% （前值 8.4% ）， M2 同比增长 8 % （前值 7% ），旧口径 M1 同比增长 -1% （前 值 -0.8% ）。新口径 M1 同比增长 1.5% （前值 1.6% ）。 核心观点 1 、从经济循环的视角来看， 4 月企业居民存款剪刀差仍在持续改善，经济的循环自 2024 年 9 月以来持 续修复。 2 、 2025 年开年前四个月，非银机构新增存款规模处于过去五年最高值，背后可能对应两个逻辑，一方面 是居民存款搬家逻辑，另一方面是稳定房市股市预期的背景下，央行加大投放稳定市场底部的逻辑。 3 、从贷款数据层面，当下贷款总量偏弱的背景下，结构上存在两个变化，对于居民而言，消费贷款趋势增 长，经营贷款趋势回落；对于企业而言，短期贷款趋势增长，中长期贷款趋势回落。 报告摘要 金融资产端的三个数据观察： ...

宏观研究 证 券 研 究 报 告 【宏观快评】 金融资产端与负债端的五个观察 ——2025 年 4 月金融数据点评 事 项 2025 年 4 月，新增社融 1.16 万亿（前值 5.89 万亿），新增人民币贷款 2800 亿 （前值 36400 亿）。社融存量同比增长 8.7%（前值 8.4%），M2 同比增长 8 % （前值 7%），旧口径 M1 同比增长-1%（前值-0.8%）。新口径 M1 同比增长 1.5% （前值 1.6%）。 ❖ 核心观点 1、从经济循环的视角来看，4 月企业居民存款剪刀差仍在持续改善，经济的 循环自 2024 年 9 月以来持续修复。 2、2025 年开年前四个月，非银机构新增存款规模处于过去五年最高值，背后 可能对应两个逻辑，一方面是居民存款搬家逻辑，另一方面是稳定房市股市预 期的背景下，央行加大投放稳定市场底部的逻辑。 3、从贷款数据层面，当下贷款总量偏弱的背景下，结构上存在两个变化，对 于居民而言，消费贷款趋势增长，经营贷款趋势回落；对于企业而言，短期贷 款趋势增长，中长期贷款趋势回落。 ❖ 金融资产端的三个数据观察： 1、4 月本身是信用扩张的小月 信用扩张规模存在较强的 ...

作为地方金融主力军，九江银行萍乡分行始终与这片沃土同频共振，截至2025年3月末，累计投放制 种、种植产业贷款5.82亿元，服务91户农户与企业，以真金白银诠释着服务"三农"的责任担当。 这样的场景并非个例——针对制种产业周期长、农时紧的特点，分行组建"春耕服务队"深入田间地头， 通过移动终端实现"现场申请、即时审批"，将金融服务送到农户手中。 （文章来源：证券日报） "贷款到期正赶上农忙，多亏了你们上门服务！"湘东区种植大户王先生握着九江银行客户经理的手连连 感慨。作为经营2000亩农田的老客户，王先生在春耕续贷的关键时期难以抽身。九江银行客户经理得知 后，带着移动设备直奔田间地头。连续两天守候在农机轰鸣的田埂边，利用农户劳作间隙完成资料审 核，最终在秧苗下田前成功发放20万元"易保贷-经营贷款"，确保资金不断档、农时不耽误。 本报讯 （记者曹琦）在赣西大地萍乡，一粒粒金色的种子正孕育着农民丰收的希望，更承载着端稳"中 国饭碗"的重要使命。从1973年颜龙安院士团队攻克杂交水稻制种难题，到如今全市年均制种面积30万 亩以上、水稻年均供种量占全国供种量近20%、南繁制种面积占全国85%以上，这座"杂交水稻制种 ...