China's six major state-owned commercial banks reported a total business revenue of 1.8 trillion yuan (about 252 billion U.S. dollars) in the first half of the year, with a net profit of 684.1 billion yuan (95.9 billion U.S. dollars), according to the banks' 2025 interim results announcements on Friday.
The six commercial banks are -- Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications and Postal Savings Bank of China.
Overall, these banks maintained stable performance in the first half of the year, with their total assets steadily growing. Focusing on their primary responsibilities and core businesses, the banks have significantly improved their quality and effectiveness in supporting the real economy.
"We increased financing supply for rural industries and rural construction projects, with the loan balances reaching 2.70 trillion yuan (378.64 billion U.S. dollars) and 2.44 trillion yuan (342.18 billion U.S. dollars), respectively, up 21.3 percent and 8.5 percent. Lending for agriculture, rural development and farmers increased rapidly. The loan balance in fields related to the supply of grain and important agricultural products reached 1.24 trillion yuan (173.89 billion U.S. dollars), up 23.7 percent," said ABC president Wang Zhiheng.
"With the implementation of a special initiative for consumer finance, [our bank's] personal consumption loan balance reached 614.2 billion yuan (86.1 billion U.S. dollars), an increase of 86.3 billion yuan (12.1 billion U.S. dollars) compared to that registered at the end of the previous year. This year, we have issued 402.5 billion yuan (56.4 billion U.S. dollars) of personal housing loans, bringing the balance to 6.15 trillion yuan (862.5 billion U.S. dollars), further consolidating the traditional advantages of housing finance," said CCB president Zhang Yi.
In the first half of the year, the six banks directed their loans more precisely towards key areas and weak links, with significant loan increase for manufacturing, green finance, and inclusive finance.
Meanwhile, they continued to enhance financial support for stabilizing foreign trade, helping foreign trade enterprises better respond to external shocks.
"Loans for manufacturing, strategic emerging industries, inclusive finance, green finance, private sectors and agriculture have all seen growth rates exceeding 10 percent compared to the beginning of the year. The list of financing for the first batch of projects for implementing major national strategies and building up security capacity in key areas has been fully honored. The medium- to long-term corporate loans increased by over 800 billion yuan (112 billion U.S. dollars) compared to the beginning of the year, accounting for more than 60 percent of the total," said Zhang Shouchuan, Senior Executive Vice President of the ICBC.
"We have launched overseas payment collection service for cross-border e-commerce operators and created an integrated settlement service system for the sector's domestic and international transactions, with the business scale expanding by 42 percent year on year. [The next step is to] work to unclog channels for connecting domestic and international markets and for connecting domestic and international resources, and continuously introduce competitive financing funds for import and export enterprises, to meet their funding needs both at home and abroad," said BOC Deputy Governor Yang Jun.
6 major Chinese state banks report business revenue totaling 1.8 trln yuan in H1
