At the beginning of the new year, Minsheng Bank has commenced a restructuring of its business departments.
The bank has successively closed a batch of sub-branches.
According to regulatory information disclosures, seven sub-branches, including Minsheng Bank's Kunming Shenggao Dacheng Community Sub-branch, Handan Shiji Street Sub-branch, Xi'an Haipo Ziting Community Sub-branch, Qian'an Jinshui Haoting Community Sub-branch, Tangshan Fulicheng Community Sub-branch, Chengdu Pidu Jiaoda Campus Road Community Sub-branch, and Chengdu Shuangliu Youpindao Small and Micro Sub-branch, have all received approval to terminate operations.
Following this, the bank has also opened new branches.
For instance, Minsheng Bank Co., Ltd. Linzhi Branch and Shanghai Yongtai Road Community Sub-branch have both received approval to commence operations.
Compared to the newly opened branches, Minsheng Bank has closed more sub-branches.
Minsheng Bank has been consistently reducing its number of offline outlets. Its 2025 interim report disclosed that the bank's sales network covers 139 cities in mainland China, including 146 branch-level institutions and 2,416 sub-branch outlets, comprising 1,254 general sub-branches (including business departments), 1,020 community sub-branches, and 142 small and micro sub-branches.
By contrast, at the end of 2024, its sales outlets included 146 branch-level institutions and 2,439 sub-branch outlets, comprising 1,258 general sub-branches (including business departments), 1,039 community sub-branches, and 142 small and micro sub-branches.
Evidently, Minsheng Bank reduced its sub-branch outlets by 23 in half a year, with the reduction primarily affecting general sub-branches and community sub-branches.
This trend is understandable; amidst market changes, various banks are reducing their offline footprints, which represents a major industry shift. Furthermore, Minsheng Bank itself has a need for cost reduction and efficiency enhancement.
From a profitability perspective, in the first three quarters of 2025, Minsheng Bank achieved operating revenue of 108.509 billion yuan, a year-on-year increase of 6.74%, while its net profit attributable to parent company shareholders was 28.542 billion yuan, a year-on-year decrease of 6.38%, indicating a situation of increased revenue without corresponding profit growth.
Entering 2026 marks a critical juncture for Minsheng Bank as it celebrates its 30th anniversary.
This year, Minsheng Bank aims to sprint towards the 8 trillion yuan mark in total assets.
Since Gao Yingxin took the helm, the bank's asset scale has grown from 69.5 trillion yuan in 2020 to 78.1 trillion yuan in 2024, yet it has remained stuck at the 7 trillion yuan threshold.
Furthermore, the growth rate of Minsheng Bank's asset scale slowed in 2025. As of the end of September 2025, the bank's total assets stood at 78.7 trillion yuan, a mere increase of 0.74% from the end of 2024.
Within this, the balance of loans and advances was 44.4 trillion yuan, down 0.31% from the end of the previous year. Corporate loans and advances amounted to 27.2 trillion yuan, up 1.58% from the end of the previous year, while personal loans and advances were 17.1 trillion yuan, a decrease of 3.17% year-on-year.
Whether Gao Yingxin can lead Minsheng Bank past this new threshold in 2026 has become a key focus of market attention.
The 64-year-old Gao Yingxin is shouldering significant pressure.
Beyond scale growth, Minsheng Bank also faces urgent challenges regarding non-performing loan risks and compliance control issues.
Regarding non-performing loans, at the end of 2025, Minsheng Bank's Credit Card Center listed its 6th to 8th batches of personal non-performing loan transfer projects on the Banking Asset Registration and Circulation Center, with the total unpaid principal and interest of the three asset packages exceeding 26.8 billion yuan.
Concerning compliance issues, on January 6th, Minsheng Bank's Jining Branch was fined 350,000 yuan due to inadequate pre-loan investigation, with relevant responsible persons receiving warnings.
Minsheng Bank has already appointed a new Chief Compliance Officer.
At the end of 2025, the bank appointed Huang Hongri as Chief Compliance Officer. Huang Hongri, born in the 1970s, currently serves as a Vice President of Minsheng Bank and concurrently holds the position of Chairman of Minsheng Financial Leasing Co., Ltd.
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