At the 2026 interim results conference held on August 28, Bank Of Jiangsu Co.,Ltd. addressed questions regarding its下半年 liability cost management targets. Lu Songsong, the bank's director, board secretary, and head of the planning and finance department, detailed the institution's ongoing efforts to reduce funding costs.
Lu emphasized that the bank has established a dedicated task force for liability cost reduction, implementing a top-down approach to enforce cost control responsibilities. The strategy includes strict quota management for high-cost liabilities and continuous optimization of the deposit maturity structure. Additionally, the bank adjusts customer pricing rates dynamically in response to market trends, ensuring that its pricing strategy aligns with business development momentum.
Addressing the projected net interest margin for the full year, Lu stated: "Going forward, we will persistently optimize our asset-liability structure, strengthen loan pricing management to stabilize loan yields, increase the accumulation of demand deposits, and further advance liability cost reduction efforts. Our goal is to maintain a net interest margin that remains at a comparatively superior level within the industry."
These measures reflect the bank's proactive approach to navigating the current interest rate environment while balancing growth and profitability objectives. The management's commitment to disciplined cost management and strategic pricing positions the bank favorably amid evolving market conditions.
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