Huaxia Bank: Q3 profit up, risk officer resigns, accounting change

Huaxia Bank released its Q3 2025 report showing a 7.62% increase in Q3 net profit to 6,512 million yuan, despite a slight 2.86% decrease for the first nine months to 17,982 million yuan. Total assets grew 4.80% to 4,586,358 million yuan, and the non-performing loan ratio decreased to 1.58% from 1.60% at year-end 2024. The bank also issued 200 billion yuan in green financial bonds in July 2025.

Huaxia Bank announced a change in accounting estimate for software asset amortization, extending the useful life from 3 to 5 years, effective October 1, 2025. This change, approved by the board, is not expected to materially impact 2025 net profit, total assets, or net assets.

In a separate announcement, Liu Xiaoli resigned as chief risk officer, effective October 22, 2025, due to work adjustments. Her departure is not expected to affect the bank's operations.