Bank of Guiyang reports half-year profit dip despite asset and deposit growth

Bank of Guiyang announced a 7.20% decrease in net profit attributable to shareholders, reaching RMB 2.474 billion for the first half of 2025, with basic earnings per share at RMB 0.68. This decline occurred despite a 5.08% increase in total assets to RMB 741.536 billion and a 3.47% rise in deposits to RMB 433.770 billion. The bank attributes the profit dip to falling LPR interest rates affecting new loans, asset repricing, and bond market fluctuations impacting fair value changes in financial assets.

The bank's interim report highlights a strategic focus on supporting the real economy, emphasizing "tech finance, green finance, inclusive finance, elderly care finance, and digital finance." Key initiatives include promoting knowledge-based property pledged loans, issuing green financial bonds, and optimizing retail credit products. As of June 30, 2025, the non-performing loan ratio increased by 0.12 percentage points to 1.70%, though capital adequacy remains above regulatory requirements.