Harbin Bank Update: Strong H1 2025 profit follows director's exit.

Harbin Bank Co., Ltd. reported a net profit of RMB992.1m for the six months ended June 30, 2025, representing a 17.28% year-on-year increase. Net profit attributable to shareholders rose by 19.96% to RMB915.4m. Despite a decrease in net interest income by 11.37% to RMB4,412.6m, operating income grew 2.59% to RMB7,385.5m, supported by a 29.72% rise in net fee and commission income to RMB269.3m and a 246.4% surge in net gains on financial investments to RMB2,305.2m.

As of June 30, 2025, the bank's total assets reached RMB927,527.5m, up 1.23% from the end of last year. Total loans and advances to customers increased by 4.87% to RMB397,566.3m, while total customer deposits saw a modest 0.20% increase to RMB695,055.9m. The non-performing loan ratio decreased slightly to 2.83%, and the impairment coverage ratio improved to 209.95%, reflecting stable risk resistance.

The bank maintained strong capital adequacy, with core tier 1, tier 1, and total capital adequacy ratios at 8.52%, 12.23%, and 13.47% respectively, all meeting regulatory requirements. No interim dividend was proposed for the six months ended June 30, 2025.