Bank of Nanjing Reports Stable Net Interest Margin, Higher Spread at 2026 Interim Briefing

On August 20, Bank of Nanjing held its 2026 interim results briefing. A business department head said that since the start of 2026, facing a market environment of low interest rates and a low net interest margin, the bank has coordinated efforts on both the asset and liability sides, optimizing asset allocation, adjusting the liability structure, and strengthening pricing management. Through multiple measures to stabilize the net interest margin and improve efficiency, the net interest margin remained broadly stable, while the net interest spread rose 0.02 percentage points from the end of 2025.

The head added that in the second half of the year, the bank will continue to seize the repricing opportunities of maturing high-cost deposits to adjust its structure, and will expand low-cost deposits through multiple channels, including the in-depth implementation of the 'three-year cost reduction action' and projects such as customer doubling, payroll agency, and scenario finance.