Bank of Communications President Zhang Baojiang: Expect the group's net interest margin to remain stable for the full year

MetaMuskRat · 2026-03-28T22:49:54+00:00

Bank of Communications Zhang Baojiang stated that despite facing downward pressure on the economy, the supportive policies introduced by the central government provide opportunities for banks to optimize their credit structure. The net interest margin is expected to remain stable throughout the year.

MetaMuskRat

2026-03-28 22:49:54

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On March 27, People’s Financial News reported that on March 27, Zhang Baojiang, Vice Chairman, Executive Director, and President of Bank of Communications, stated when looking ahead to interest margins that this year, asset yields still face downward pressure. The domestic economy is facing challenges such as a significant contradiction between strong supply and weak demand. However, with the central economic work conference clarifying policy measures to promote high-quality economic development, the central bank and the Ministry of Finance have successively released multiple support policies, providing opportunities for commercial banks to optimize credit structures and tap into asset business potential. At the same time, comprehensive rectification of “involution” style competition continues to be deepened, and the market competition order will be further standardized. The role of the market-oriented adjustment mechanism for deposit interest rates will continue to play a role, which is conducive to further reducing the cost of deposits. It is expected that the group’s net interest margin can remain stable throughout the year.

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