Insights into the 2024 Banking Earnings Conference | What impact does the Ministry of Finance's capital injection have? How to cope with a low interest rate environment? This is how executives from the Postal Savings Bank Of China respond.

① The Chairman of the Postal Savings Bank Of China, Zheng Guoyu, stated that the recent registration by the Ministry of Finance will eliminate past doubts from the public regarding the Postal Savings Bank Of China being in a state of 'tight balance' in terms of capital replenishment; ② The President of the Postal Savings Bank Of China, Liu Jianjun, mentioned that the reduction of LPR and the decrease in mortgage rates for existing loans will put significant pressure on the bank. This year, the bank will continue to strengthen interest margin management; ③ In response to the low interest rate environment, 'water must be squeezed out of the dry towel with low profit.'

cls.cnApr 2 02:22 ET

How do you view the Ministry of Finance's current round of capital injection? Executives from Bank of China,交通 Bank, Construction Bank, and Postal Savings Bank Of China responded together.

① The Shanghai Stock Exchange held a "2025 State-owned Large Commercial Banks Private Placement Investor Briefing", where executives from the four major state-owned banks attended the roadshow and introduced relevant information. ② The recent round of capital injection by the Ministry of Finance did not involve Industrial And Commercial Bank Of China and Agricultural Bank Of China. How will the subsequent capital replenishment plans for these two major banks be arranged? The Financial Association reporter has contacted Industrial And Commercial Bank Of China and Agricultural Bank Of China multiple times today regarding this matter, but no responses have been received.

cls.cnMar 31 08:53 ET

Agricultural Bank of China Limited (ACGBY) Q4 2024 Earnings Call Transcript Summary

moomoo AIMar 29 15:12 ET · Conference Call

Vice President Tu Qun of China Construction Bank Corporation Shanghai Branch: Based on the "going out" customer needs, build a service ecosystem that covers the "full cycle and full scenarios".

Through the full-chain service system of "cross-border settlement + offshore market + financial innovation", Banks can help "go global" enterprises avoid Exchange Rates risk, reduce financing costs, and deeply integrate into the Global Industry Chain.

cls.cnMar 25 21:35 ET

This is the 10th one this year! The acceleration of closing and merging the off-site credit card sub-centers has been followed by MINSHENG BANK after Bank Of Communications.

① The latest regulatory approval information shows that within less than two weeks, MINSHENG BANK closed two credit card remote sub-centers located in North China and Northeast China. ② This year, Bank Of Communications has already shut down 8 credit card remote sub-centers, and along with MINSHENG BANK's 2 latest cases, the total number of credit card remote sub-center closures in the Industry has exceeded ten.

cls.cnMar 18 04:20 ET

30 billion yuan! This year, the first perpetual bond from state-owned banks goes to Postal Savings Bank Of China, and the issuance of "two perpetual bonds" has become relatively bland as the year begins.

① This evening, the Postal Savings Bank Of China announced that the perpetual capital bonds (first phase) registered on February 19 were issued on February 21, 2025. The issuance scale of this bond is 30 billion yuan, with a nominal interest rate of 1.99% for the first five years. ② Since the beginning of the year, no other large state-owned banks have released information about the issuance of perpetual bonds. So far this year, no commercial banks have disclosed relevant information regarding secondary capital bonds.

cls.cnFeb 21 07:47 ET