Recently, data on the main regulatory indicators of the banking and insurance industry for the second quarter of 2026 released by the China Financial Supervisory Authority showed that the net interest spread of commercial banks in the second quarter was 1.41%, up 0.01 percentage points from 1.40% in the first quarter, the first quarterly increase since 2022. However, the trend of different types of banks diverged. Among them, China's major banks, urban commercial banks, agricultural commercial banks, and private banks achieved a month-on-month increase in net interest spreads in the second quarter, stock banks remained flat month-on-month, and foreign-funded banks declined month-on-month. Industry insiders analyzed that the core driving force for stabilizing interest spreads in this round comes from the debt side: centralized maturity repricing of existing high-interest deposits, combined with banks actively optimizing the debt structure, effectively reducing interest payment costs. Under the guidance of supervision, interest rate self-regulation mechanisms work to curb irrational credit interest rate reduction competition, help stabilize asset-side pricing, and raise net interest spreads.

Recently, data on the main regulatory indicators of the banking and insurance industry for the second quarter of 2026 released by the China Financial Supervisory Authority showed that the net interest spread of commercial banks in the second quarter was 1.41%, up 0.01 percentage points from 1.40% in the first quarter, the first quarterly increase since 2022. However, the trend of different types of banks diverged. Among them, China's major banks, urban commercial banks, agricultural commercial banks, and private banks achieved a month-on-month increase in net interest spreads in the second quarter, stock banks remained flat month-on-month, and foreign-funded banks declined month-on-month. Industry insiders analyzed that the core driving force for stabilizing interest spreads in this round comes from the debt side: centralized maturity repricing of existing high-interest deposits, combined with banks actively optimizing the debt structure, effectively reducing interest payment costs. Under the guidance of supervision, interest rate self-regulation mechanisms work to curb irrational credit interest rate reduction competition, help stabilize asset-side pricing, and raise net interest spreads.