At the 2026 interim results briefing held on August 28, Bank of Communications Co., Ltd. Vice President Zhou Wanfu reported that the bank achieved a stable improvement in its net interest margin through dedicated efforts, marking a year-on-year increase of two basis points.

Zhou explained that this success was partly supported by favorable objective conditions, specifically the slower repricing pace of time deposits compared to asset repricing. He further emphasized that the bank made deliberate progress in several key areas.

Firstly, the institution has decisively moved away from a growth model focused solely on scale, striving to balance volume, pricing, and risk across its operations. Secondly, ongoing refinements have been made to optimize the asset-liability structure. Thirdly, the bank has maintained strict discipline in refined pricing management.

Looking ahead to the full-year trend, Zhou expressed confidence that the bank can sustain its current stable and improving net interest margin trajectory.