Bank of Communications reports strong Q1 and approves dividend

Bank of Communications (HKEX:3328) reported a strong operational performance for the first quarter of 2025, characterized by consistent progress, enhanced quality, and stability. The bank strategically bolstered its support for the real economy, evidenced by a loan increase exceeding RMB360 billion from domestic banking institutions, achieving year-on-year growth. Both net interest income and net profit showed positive year-on-year growth, with asset quality remaining robust.