Bank of Lanzhou H1 2026 Revenue Up 6.6% to RMB 4.18 Billion, NPL Ratio Dips to 1.78%
Bank of Lanzhou reported H1 2026 revenue of RMB 4.179 billion, up 6.6% year on year, and non-GAAP net profit of RMB 960 million, up 7.14%. Total assets reached RMB 533.102 billion, up 0.58% from the start of the year. The non-performing loan ratio fell to 1.78%, while the provision coverage ratio stood at 191.69%.
Bank of Lanzhou released its 2026 interim report on August 28. As of the end of June 2026, the bank's total assets stood at RMB 533.102 billion, up 0.58% from the beginning of the year. Loans and advances to customers reached RMB 259.063 billion, holding a 10.05% market share in the province, ranking third. Customer deposits totaled RMB 374.834 billion, with a 12.28% provincial market share, ranking second.
In the first half of 2026, the bank achieved operating revenue of RMB 4.179 billion, up 6.60% year on year, and non-GAAP net profit attributable to shareholders of RMB 960 million, up 7.14%. The non-performing loan ratio was 1.78%, and the provision coverage ratio was 191.69%.
During the period, the bank continued to optimize its asset-liability structure and proactively adjusted scale indicators. Operating revenue increased by RMB 259 million, or 6.60%, year on year. On the liability side, the bank implemented a refined interest rate pricing system. The deposit cost rate for corporate deposits was 1.16%, down 19 basis points from the start of the year, while the rate for personal deposits was 2.09%, down 40 basis points.
In terms of customer base, the bank added 12,700 corporate clients in the first half, bringing the total to 123,100. Personal clients reached 7.3262 million, a net increase of 142,800 from the beginning of the year. Inclusive small and micro enterprise loan customers totaled 15,200, up 2,937 from the start of the year. Mobile banking accounts reached 4.0663 million, with 1.0446 million monthly active users on the app.
In key lending areas, the bank facilitated 31 green projects in the first half. Green loan balances reached RMB 19.792 billion, a net increase of RMB 1.870 billion, or 10.43%. Loans to technology enterprises totaled RMB 18.551 billion, up RMB 1.880 billion, or 11.28%. Inclusive small and micro loans stood at RMB 16.056 billion, up RMB 583 million, or 3.77%. Agriculture-related loans reached RMB 22.009 billion, a net increase of RMB 675 million, or 3.16% from the start of the year. In digital finance, the bank advanced its "Feitian" and "Lanxin" projects and accelerated the construction of an AI computing infrastructure.
For risk control, the bank strengthened credit risk screening and management for key industries and clients, pushed forward the collection of non-performing loans and disposal of assets acquired through debt, and standardized full-process credit management. As of the end of June, the non-performing loan ratio was 1.78%, down 0.04 percentage points from the start of the year. The provision coverage ratio was 191.69%, and the capital adequacy ratio was 12.28%, up 0.66 percentage points from the end of 2025.