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Postal Savings Bank Of China: Serving nearly 0.1 million technology-oriented enterprises, technology financial loans exceeded 600 billion yuan.

Breakings ·  Apr 29 20:27

On the evening of April 29, the Postal Savings Bank Of China disclosed its Q1 2025 report, showing that by the end of March this year, the total assets of the bank reached 17.69 trillion yuan, an increase of 3.54% compared to the end of the previous year; it achieved a net income from fees and commissions of 10.306 billion yuan, an increase of 0.83 billion yuan year-on-year, an 8.76% growth, with other non-interest net income growing by 21.7% year-on-year; the net interest margin was 1.71%, higher than the average level of commercial banks. In terms of Technology finance, the bank improved the evaluation system for technology-based enterprises and increased support for technology enterprises. By the end of March, the bank served nearly 0.1 million technology-based enterprises, with a financing balance exceeding 600 billion yuan.

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