Bank of Gansu sees net profit rise despite drop in operating income

Bank of Gansu reported a net profit of RMB399.0 million for the six months ended June 30, 2025, a 1.1% increase from RMB394.5 million in the same period of 2024. However, operating income decreased by 13.9% to RMB2,717.4 million, primarily due to declining market interest rates and proactive interest rate reductions to support the real economy. This led to an 11.4% decline in net interest income to RMB2,247.1 million. Net fee and commission income rose by 4.3% to RMB228.3 million, mainly from wealth management and letters of guarantee.

As of June 30, 2025, total assets grew by 3.1% to RMB427,481.6 million, with total loans and advances to customers increasing by 4.5% to RMB241,906.0 million. The non-performing loan ratio improved to 1.85% from 1.93% at the end of 2024. Total deposits from customers increased by 4.1% to RMB334,421.3 million. The bank maintained a capital adequacy ratio of 10.65% and a liquidity coverage ratio of 177.71%.