CITIC Bank Releases 2025 Annual Report: Demonstrating Strong and Effective Service to the Overall Situation and Showcasing the Resilience of Value Banking

On the evening of March 20, CITIC Bank Co., Ltd. (hereinafter referred to as “CITIC Bank,” stock code 601998.SH/0998.HK) disclosed its 2025 annual performance report.

The report shows that in 2025, CITIC Bank resolutely implemented the decisions and deployments of the Party Central Committee and the State Council, as well as various regulatory requirements. Focusing on the vision of a value-driven bank, the bank deepened the development of the “Five Leading” banks: leading wealth management bank, leading comprehensive financing bank, leading transaction settlement bank, leading foreign exchange service bank, and leading digital bank. It consistently adhered to the four main business themes of “stable interest margin, stable quality, expanding mid-term income, and expanding customer base,” actively implemented cost reduction management, and maintained a balanced, steady, and sustainable high-quality development momentum.

Net profit grew steadily, reaching a new level. During the reporting period, CITIC Bank achieved a net profit attributable to shareholders of 70.618 billion yuan, an increase of 2.98% year-on-year; operating income was 212.475 billion yuan, a decrease of 0.55% year-on-year; among which, net interest income was 144.469 billion yuan, down 1.51% year-on-year, and non-interest net income was 68.006 billion yuan, up 1.55% year-on-year.

Asset quality remained stable, with a continued decline in non-performing loan ratio. As of the end of the reporting period, CITIC Bank’s non-performing loan balance was 67.216 billion yuan, an increase of 730 million yuan from the end of the previous year, a growth of 1.10%; the non-performing loan ratio was 1.15%, down 0.01 percentage points from the end of the previous year; the provision coverage ratio was 203.61%, down 5.82 percentage points from the end of the previous year.

The scale of assets and liabilities grew reasonably, and new breakthroughs were achieved in business. As of the end of the reporting period, CITIC Bank’s total assets surpassed 10 trillion yuan for the first time, reaching 101.31028 trillion yuan, an increase of 6.28% from the end of the previous year; total loans and advances were 58.2172 trillion yuan, up 2.48%; total customer deposits were 60.49275 trillion yuan, up 4.69%. During the period, CITIC Bank fully increased its targeted support for the real economy, with growth rates in key areas significantly outperforming overall loan growth.

It is worth mentioning that CITIC Bank remains committed to its original mission of finance, prioritizing the “Five Major Articles” of finance, and allocating more financial resources to the core areas of building a modern economic system. In technology finance, focusing on loan issuance and system construction, the bank comprehensively improved service quality and efficiency, with the balance of technological loans reaching 1.072902 trillion yuan, an increase of 14.75%. Green finance completed the listing of the first batch of green demonstration institutions and specialized operating institutions, launched the “Xinchengtong” green low-carbon service platform, with green loans exceeding 750 billion yuan, an increase of 24.83%, and green bond underwriting scale grew by over 60% year-on-year. Inclusive finance, rooted in people’s livelihoods, deeply integrated into the micro and small enterprise financing coordination mechanism, with inclusive micro and small enterprise loans reaching 644.306 billion yuan, an increase of 7.42%. Pension finance continued to optimize the “financial + non-financial” service system, with pension industry loan issuance more than doubling, corporate annuity custody scale remaining among the top among joint-stock banks, and individual pension account openings increasing by over 34% compared to the end of last year. Digital finance actively built a “digital community” where finance, digital livelihoods, and digital industries are closely integrated, with loans in core digital economy industries reaching 246.782 billion yuan, an increase of 18.92%.

Stay true to the original mission, show true colors, and trust in the future. As CITIC Bank moves toward the “14th Five-Year Plan” new journey, it states it will continue to shoulder the responsibility of serving the real economy, actively develop the “Five Major Articles,” leverage the core functions of a state-owned financial enterprise, effectively balance environmental, social, and economic benefits, and strive to be a creator of diverse value; explore differentiated financial service paths based on its own strengths, build a distinctive service system with professional capabilities, provide warm financial services, and truly become the first choice trusted partner for customers, forging unique value; through resilient management across cycles, coordinate short-term goals with long-term development, create sustainable long-term returns for shareholders, and be a guardian of long-term value.