At the Shareholders' Meeting of Industrial Bank held this morning, Chen Xingjian, the president of the bank said that as of the end of May, the net interest margin of Industrial Bank was 1.87%, only 6 BP lower than the same period last year. The interest margin control was in line with the expected target. Relevant persons from Industrial Bank also stated that the impact of manual interest supplement ban was limited, the interest payment rate from January to May was 2.07%, 5 basis points lower than the first quarter. It is expected that the interest margin will be 1.86% in June and the annual target of 1.8% can be achieved.
兴业银行行长陈信健：5月末净息差1.87% 同比仅降6BP符合管控预期
Chen Xingjian, the president of Industrial Bank, stated that the net interest margin was 1.87% at the end of May, which was only a 6 basis point decrease from the same period last year and in line with expectations for margin control.
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