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AGRICULTURAL BANK OF CHINA (01288.HK) Expects Net Interest Income to Return to Positive Growth in 1Q25
2026-03-31 07:08:13 During the 2025 annual results conference, Wang Zhiheng, Chairman of AGRICULTURAL BANK OF CHINA (01288.HK), stated that in the first two months of this year, loans increased by RMB1.1 trillion, and net interest income has stabilized. It is estimated that net interest income may return to positive growth in 1Q25. The bank's non-performing loan ratio has decreased for five consecutive years, and it will continue to strengthen risk management to prevent and mitigate risks related to real estate and local government debt. The bank will also accelerate the development of new inclusive retail credit business and is confident that asset quality will remain stable this year. Wang Zhiheng further mentioned that the bank's key tasks this year include driving net interest income to positive, increasing loans, especially supporting key policy areas such as domestic demand, technology, and green initiatives. The bank will also enhance loan pricing management to reduce funding costs. (ta/w)~ AASTOCKS Financial News Website: www.aastocks.com | |