Bank of Qingdao's NIM stable at 1.63% in H1, vows to adjust deposit rates via market mechanisms
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On September 21, Bank of Qingdao stated in an investor relations activity record that its net interest margin (annualized) for the first half of 2026 was 1.63%, unchanged from the first quarter, indicating relative stability. The bank attributed this to efforts to continuously reduce costs on the liability side. It plans to optimize the structure of major liabilities, adhere to a deposit-driven strategy, and actively expand deposit sources. In pricing, the bank will adjust its pricing strategy, strengthen market-oriented adjustment of deposit interest rates, manage the volume and price of high-cost deposits, guide deposit term optimization, and use tools such as custody, wealth management, underwriting, supply chain finance, wealth management, and cash management to increase the proportion of low-cost deposits.
Source report
Source: Time Finance Date: September 21
In an investor relations activity record released on September 21, Qingdao Bank reported that its net interest margin (annualized) stood at 1.63% in the first half of 2026, unchanged from the first quarter. The bank stated that its net interest margin remained relatively stable.
According to the bank, it will continue to reduce costs on the liability side through the following measures:
- Optimize the structure of major liabilities by maintaining a deposit-driven strategy and actively expanding deposit sources.
- Lower deposit costs through multiple approaches, including:
- Adjusting pricing strategies and strengthening market-oriented adjustments to deposit interest rates.
- Strengthening volume and price control over high-cost deposits and guiding the optimization of deposit maturities.
- Leveraging tools such as custody, wealth management, underwriting, supply chain finance, wealth management, and cash management to increase the proportion of low-cost deposits.
Source
时代财经Eastern
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