Wang Huili, Bank of Nanjing: City commercial banks need to focus on the construction of technology finance ecosystem, and provide services for the entire process, entire lifecycle, and entire range of products.

①The 'Five Major Articles' is a national strategy, and the active embrace and integration of the financial industry is a gradual process. ②Bank of Nanjing focuses on building an ecosystem. In addition to the advantages of the 2.0 version, it also plans to integrate upstream and downstream resources of technology-based enterprises to provide services for the entire process, lifecycle, and product.

cls.cnSep 14 11:29 ET

Interest rate as low as 2.98%! Bank of Shanghai doubles subsidies for "trade-in" program, introducing exclusive consumer vouchers and interest rate coupons, covering key areas such as business districts and autos.

①Shanghai announced a major push to promote consumer trade-ins, with consumer subsidy funds of up to 4 billion yuan. ②Multiple financial institutions have launched consumer vouchers for trade-ins and consumer discounts on the basis of government subsidies.

cls.cnSep 11 09:48 ET

After a two-month hiatus, the new leader of the Suzhou New Fund, director of the Bank of Suzhou, will take charge. How will they continue to make progress?

①From the current disclosed fund reporting situation, Su Xin Fund may take the lead in using fixed income products; ②In the year, there are as many as 101 public fund management companies with changes in senior executives, involving 233 people.

cls.cnSep 6 04:46 ET

Is the change in loan loss provision coverage ratio to adjust profits? How to control the widening of net interest margin decline and the cost of liabilities? Bank of Guiyang management faces investor scrutiny.

①Bank of Guiyang stated that it strictly follows the management procedures, regularly updates measurement parameters and recognizes asset impairments, complying with regulatory requirements. ②Continuing to adhere to the concept of coordinated development of "quantity and price", increasing low-cost fund inflows and fund deposits, continuously optimizing the deposit term structure, gradually restoring net interest margins. ③Will comprehensively consider investor demands and the operational needs of the bank, maintaining a sustainable and stable cash dividend ratio and frequency.

cls.cnSep 5 11:28 ET

Bank of Chengdu's earnings conference: The non-performing loan ratio for personal housing loans has increased, and the impact of the LPR (Loan Prime Rate) cut has already been released. The net interest margin is stabilizing under certain conditions.

① In the first half of the year, the net interest margin decreased by 15 basis points compared to the previous year, mainly due to the continuous reduction of the LPR of previous loans and the bulk adjustment of interest rates for existing personal housing loans last year, which will continue to exert certain pressure on the quality of assets in the real estate sector in the future. ② In the long term, it can be determined that the net interest margin is stabilizing and has already met certain conditions.

cls.cnSep 4 09:45 ET

A-share listed banks' semi-annual report: 41 banks continue to explore interest rate spreads, 12 banks experience negative growth in net income. The window for another round of interest rate cuts for existing housing loans has opened, posing a potential c

① In the first half of the year, the net interest margin of 41 banks collectively declined, with 9 banks experiencing a decrease of 2% or more in their interest margin compared to the same period last year; there were as many as 12 banks with a negative growth in net income attributable to the parent, an increase of 7 compared to the same period last year. ② Experts believe that the continued narrowing of the net interest margin has put certain pressure on the profitability of banks, and the possible reduction of interest rates for existing housing loans in the near future will further challenge the interest margin of banks and increase operating pressure.

cls.cnAug 31 03:53 ET