Bank of Chongqing sees robust first-half growth, improving asset quality

Bank of Chongqing Co. Ltd. reported a net profit of RMB3,394m for the first half of 2025, a 5.73% increase year-on-year. Operating income rose by 8.24% to RMB7,527m, with net interest income increasing by 12.22% to RMB5,863m. The bank's total assets grew by 14.79% to RMB983,365m, while total loans and advances to customers increased by 13.63% to RMB500,670m. Total deposits also saw a substantial rise of 14.77%, reaching RMB544,136m.

Asset quality improved, with the non-performing loan ratio decreasing by 0.08 percentage points to 1.17%, and the allowance coverage ratio increasing by 3.19 percentage points to 248.27%. The bank actively served the real economy, providing nearly RMB140bn in credit support to the Chengdu-Chongqing Economic Circle. Inclusive small and micro enterprise loans under the "Two Increases" policy increased by RMB9.871bn, and agriculture-related loans rose by RMB3.389bn.

The bank maintained strong capital adequacy, with the core tier I capital adequacy ratio at 8.80%, tier I capital adequacy ratio at 9.94%, and capital adequacy ratio at 12.93%, all meeting regulatory requirements.