On August 31, financial news from the front line, China Merchants Bank held a 2026 interim results exchange meeting today. Vice Governor and Secretary of the Board of Directors Peng Jiawen said that since this year, interest spreads in the banking sector have generally stabilized. Of course, there may be some differentiation here. For example, some banks have already begun to rebound, and others may still be declining. “From China Merchants Bank's point of view, we are currently in a downward trend, but the decline is narrowing rapidly.” Peng Jiawen said that overall, it is still difficult to draw conclusions. Interest spreads in the banking sector have begun to rebound, there is no downward pressure on interest spreads, and the downward pressure on the market will still exist for some time to come. At the same time, Peng Jiawen also stressed that the most difficult period of declining interest spreads is probably over. “My overall judgment is that although interest spreads face some downward pressure, they will gradually stabilize.”

On August 31, financial news from the front line, China Merchants Bank held a 2026 interim results exchange meeting today. Vice Governor and Secretary of the Board of Directors Peng Jiawen said that since this year, interest spreads in the banking sector have generally stabilized. Of course, there may be some differentiation here. For example, some banks have already begun to rebound, and others may still be declining. “From China Merchants Bank's point of view, we are currently in a downward trend, but the decline is narrowing rapidly.” Peng Jiawen said that overall, it is still difficult to draw conclusions. Interest spreads in the banking sector have begun to rebound, there is no downward pressure on interest spreads, and the downward pressure on the market will still exist for some time to come. At the same time, Peng Jiawen also stressed that the most difficult period of declining interest spreads is probably over. “My overall judgment is that although interest spreads face some downward pressure, they will gradually stabilize.”