Chongqing Rural Commercial Bank reports solid mid-year growth

Chongqing Rural Commercial Bank Co., Ltd. announced a net profit of RMB7,847 million for the first half of 2025, a 3.79% increase year-on-year. Operating income rose by 0.64% to RMB14,736 million. Total assets reached RMB1,630,571 million, up 7.60% from the previous year-end, driven by a RMB50,972 million increase in loans and advances to customers, reaching RMB765,245 million. Deposits from customers increased by RMB83,249 million to RMB1,025,195 million.

The bank's non-performing loan ratio slightly decreased by 0.01 percentage point to 1.17% by June 30, 2025, demonstrating improved asset quality and risk resistance, with a provision coverage ratio of 355.58%. Corporate loans and advances grew by 16.25% to RMB416,345 million. Net interest income for the period was RMB11,744 million, increasing by 5.98% year-on-year, while net non-interest income decreased by 15.99% to RMB2,992 million.

The bank's total equity grew by RMB5,247 million to RMB139,296 million, primarily due to increased retained earnings. The capital adequacy ratio stood at 15.11%, slightly down by 1.01 percentage points from the previous year-end.