Zheshang Bank sees assets and deposits up, profit down in first half 2025

China Zheshang Bank reported total assets of RMB3.35 trillion as of June 30, 2025, a 0.63% increase from the end of last year. Total deposits grew by 7.47% to RMB2.07 trillion, while loans and advances increased by 1.69% to RMB1.89 trillion. Despite these gains, net profit attributable to shareholders for the first six months of 2025 decreased by 4.15% to RMB7.67 bn, and operating income fell by 5.75% to RMB33.27 bn.

The bank maintained a sound capital position, with a capital adequacy ratio of 12.31%, a tier-one capital adequacy ratio of 9.62%, and a core tier-one capital adequacy ratio of 8.39%. Asset quality remained stable, as the non-performing loan ratio slightly decreased to 1.36%, and the provision coverage ratio stood at 169.78%. Zheshang Bank's strategic focus continues on deepening its presence in Zhejiang province and leveraging digital transformation to enhance service capabilities and risk management.