On August 26, Zhejiang Shaoxing Ruifeng Rural Commercial Bank Co.,Ltd. released its 2025 interim report. The company recorded operating revenue of 22.6 billion yuan, representing a year-on-year increase of 3.9%; net profit attributable to shareholders reached 8.9 billion yuan, up 5.6% year-on-year; net interest income totaled 15.7 billion yuan, rising 3.4% year-on-year; and non-interest net income amounted to 6.9 billion yuan, up 5.0% year-on-year.
In terms of scale, as of the end of the second quarter, Zhejiang Shaoxing Ruifeng Rural Commercial Bank's total assets stood at 2,300.71 billion yuan, up 4.34% from the end of the previous year; total loans reached 1,342.05 billion yuan, increasing 2.48% from year-end; total liabilities amounted to 2,106.62 billion yuan, up 4.66% from year-end; and total deposits reached 1,697.16 billion yuan, rising 4.32% from year-end.
Regarding asset quality, as of the end of the second quarter, Zhejiang Shaoxing Ruifeng Rural Commercial Bank's non-performing loan balance stood at 13.18 billion yuan; the non-performing loan ratio was 0.98%, up 0.01 percentage points from year-end; and the provision coverage ratio reached 340.28%, up 19.41 percentage points from year-end.
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