Industrial Bank releases 2025 annual report: Making new strides in building a value-driven bank

(Source: Economic Daily)

Originally from: Economic Daily

On March 26, Industrial Bank released its 2025 annual performance report. The report shows that as of the end of 2025, Industrial Bank’s group total assets reached 11.09 trillion yuan, up 5.58% from the end of the previous year; operating revenue was 212.41 billion yuan, up 0.24%; net profit attributable to shareholders was 77.469 billion yuan, up 0.34%, with double growth achieved for two consecutive years; the non-performing loan ratio was 1.08%, the allowance coverage ratio was 228.41%, and asset quality remained stable, achieving balanced development in scale, returns, and quality.

Facing industry challenges of narrowing net interest margins, in 2025 Industrial Bank adhered to a strategy of maintaining net interest margins while boosting non-interest income in parallel. On the one hand, it placed controlling funding costs as the top priority for stabilizing net interest margins, and continued to optimize its asset structure. Last year, the net interest margin was 1.71%, down 11 basis points year over year, with the magnitude of the decline kept at a relatively better level among peers, resulting in net interest income of 148.752 billion yuan, up 0.44%, with positive growth maintained for three consecutive years. On the other hand, it proactively seized opportunities arising from increased activity in the capital markets, strengthening coordinated linkage across the group’s “big investment banking, big asset management, and big wealth management.” Last year, net fee and commission income reached 25.891 billion yuan, up 7.45%, laying a foundation and rebounding.

In 2025, Industrial Bank deeply implemented the philosophy of “customer first,” appropriately balancing efforts to mine potential and broaden the customer base, pushing forward the retail systematized build-out in depth, further refining tiered and categorized operations for corporate and financial (企金) customers, and strengthening service capabilities for peer customers. As of the end of 2025, retail customers increased 4.15% from the end of the prior year to 115 million accounts. Among them, dual-gold (双金) and private banking (私行) customers grew by 12.87% and 12.83%, respectively; corporate and financial customers rose 8.57% to 1.667 million accounts. Among them, potential-and-above customers and value customers grew by 10.57% and 12.25%, respectively; for peer corporate clients in major industries within China, cooperation was essentially fully covered.

In 2025, Industrial Bank launched reforms of its risk management governance framework and mechanisms, deepening integration between risk management and business operations, and solidly advancing risk prevention and resolution in key areas to seek returns from risk management. For real estate, local government financing platforms, and new credit card delinquencies, the incidence of new non-performing items fell year over year. The non-performing loan ratio for retail loans was 0.88%, staying at a relatively strong level within the industry; the group’s accounts for loans written off and cases in collection totaled 16.212 billion yuan, up 12.03%.

As comprehensive risk management continued to be implemented in depth and risks in key areas kept converging, by the end of 2025 the non-performing loan ratio was 1.08%, basically flat compared with the end of the prior year; the allowance coverage ratio was 228.41%, staying within a reasonable range.

In 2025, Industrial Bank accelerated structural transformation and continued to optimize assets and liabilities through dynamic balance. On the asset side, keeping pace with the pace of building a modern industrial system, it delivered on the “five major articles” of financial services (金融“五篇大文章”), deepened “region + industry” operations. Green loans, technology loans, and medium- and long-term loans to the manufacturing sector increased 19.05%, 18.47%, and 14.91% respectively from the end of the prior year, all higher than the overall loan growth rate; nationwide regional key industries (the top 10 industries by regional industrial operating revenue) saw loan growth of 20.1% from the end of the prior year. On the liabilities side, it put into practice the operating model for the main settlement account for corporate and financial (企金) customers, and advanced in depth the “Weaving Network Project 3.0” (织网工程3.0), further deepening the systematized retail build-out, driving growth in settlement-based deposits. The deposit cost (interest paid rate) was 1.65%, down 33 basis points year over year.

In 2025, Industrial Bank continued to shine its three “name cards”—a green bank, a wealth bank, and an investment bank. Green finance outstanding balance was 2.46 trillion yuan, and the balance of green loans was 1.11 trillion yuan; both increased 12.37% and 19.05% respectively from the end of the prior year, and the balances remained number one among joint-stock commercial banks. The group’s five asset management subsidiaries had combined managed assets of 3.65 trillion yuan, up 26.07% from the end of the prior year. The FPA scale (大投行FPA) was 4.89 trillion yuan, up 367.6 billion yuan from the end of the prior year.

At the same time, Industrial Bank continued to raise the strategic level of its fintech initiatives. As the first joint-stock bank to receive approval to筹建 and open a financial assets investment company, it helped make technology finance a “fourth name card.” By the end of 2025, the balance of financing for technology finance was 2 trillion yuan, and the balance of technology finance loans was 1.12 trillion yuan, up 15.98% and 18.47% respectively from the end of the prior year.

Entering the era of artificial intelligence, Industrial Bank fully implemented its “Artificial Intelligence +” initiative, launched in depth two campaigns—“agile” and “experience”—and accelerated the shift from “Digital Industrial Bank” to “Intelligent Industrial Bank.” It has already gone live with more than 200 intelligent agents, and artificial intelligence technology empowers more than 260 application scenarios. It achieved a 33% reduction in the average delivery cycle of IT projects, optimized more than 1,500 business processes, and kept strong growth in key indicators for the mobile banking app and five major online platforms. (Economic Daily reporter Yu Yong)

A vast amount of information and precise analysis—available on the Sina Finance APP