Huaxia Bank President: Net interest margin will still face downward pressure in 2026, but the magnitude of the decrease will slow down.

On March 31, Qu Gang, the president of Huaxia Bank, said at the 2025 annual performance briefing that looking ahead to 2026, in combination with internal and external environment, it is expected that the interest rate for new loans will continue to decrease. As term deposits are gradually repriced, there is still room for downward pressure on future liability costs. It is estimated that there will still be downward pressure on interest margins for the whole year, but the magnitude will be somewhat reduced.