Minsheng Bank Corporate Banking Chief Xiao Peng: The Future Height of Our Corporate Business Depends on the Height of Our Team

Deep News11-02 17:30

On November 2, a financial frontline report stated that Minsheng Bank (ASX: 01988) held its Q3 2026 results briefing today.

Xiao Peng, General Manager of the Corporate Banking Department at Minsheng Bank (ASX: 01988), provided an overview of the corporate banking business: "Over the next five years, our corporate banking segment will firmly implement the '3+3+N' strategic framework to enhance overall efficiency in terms of profitability, quality, and scale, building a corporate banking brand for Minsheng Bank (ASX: 01988) that is professional, highly collaborative, distinctly differentiated, and the preferred choice for clients. From an operational standpoint, we will solidify three major operating systems, including an effective command system, a vertically integrated execution system, and a robust accountability system. From a management standpoint, we will strengthen three major management support systems, including digital and intelligent support, team support, and policy support. We also believe that the future height of Minsheng Bank's (ASX: 01988) corporate business depends on the height of our team. In terms of identifying N growth points, we will focus on six foundational growth drivers and five emerging growth poles, pursuing a dual-driven approach, building distinctive features, doing what we are capable of while refraining from what we are not, and forming differentiated competitiveness."

According to his introduction, the six foundational growth drivers are the cornerstone of steady development, focusing on basic customers and services, capital and channels, including integrated settlement, wealth management breakthroughs for small and medium-sized corporate clients, supply chain finance, cross-border business, and institutional business scenario construction. The five emerging growth poles are new engines leading future leapfrog development, focusing on national strategies and frontier sectors, including technology finance, green finance, investment banking, listed companies, and Minsheng e-Home.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment