Harbin Bank Asset Quality Analysis Report

According to the latest data, Harbin Bank’s non-performing loan ratio at the end of 2024 was 2.83%, showing a downward trend compared with previous years [1]. From historical data, the bank has continuously promoted asset quality management in recent years, and the non-performing ratio has gradually declined from a high level.

Indicator	2024 Data	Industry Level	Evaluation
Non-performing loan ratio	2.83%	~1.5%-2.0%	Slightly higher than industry average
Provision coverage ratio	[To be obtained]	>150%	[To be analyzed]
Capital adequacy ratio	[To be obtained]	>10.5%	[To be analyzed]

Harbin Bank has continuously improved its comprehensive risk management system in recent years, strengthened the whole-process management of pre-loan, in-loan, and post-loan, and improved risk identification and early warning capabilities [1].

As one of the top ten excellent cases of the banking industry’s ‘Five Major Articles’ in 2025, Harbin Bank has taken the construction of ‘Digital Harbin Bank’ as a starting point to realize the rapid approval process of the retail credit product ‘Qian Daojia’ (1-minute application, 1-minute disbursement). While improving service efficiency, it has effectively controlled credit risks [1].

The bank has formed a differentiated advantage in financial services in border areas and agricultural-related finance. Online loan products such as ‘Nong Shandai’ and ‘Heitu Youpin Dai’ have not only served the real economy but also achieved risk-controllable asset deployment [1].

• Regional economic recovery
  : Heilongjiang Province’s economic transformation continues to advance, and the development of agricultural modernization and equipment manufacturing provides basic support for the improvement of the bank’s asset quality
• Digital capability improvement
  : The application of online and intelligent risk control methods will continue to improve risk management efficiency
• Policy support
  : As an important city commercial bank in Northeast China, Harbin Bank has received strong policy support

• Regional concentration risk
  : Business is mainly concentrated in Northeast China, which is greatly affected by regional economic fluctuations
• Net interest margin pressure
  : The overall narrowing trend of net interest margin in the banking industry may compress profit margins and affect risk resolution capabilities
• Real estate-related exposure
  : Need to pay attention to the impact of risk transmission in the real estate industry

• Clear marginal improvement trend of asset quality
• Clear differentiated positioning and strong competitiveness of characteristic businesses
• Included in the excellent cases of the banking industry, enhancing brand image

• Non-performing ratio is still higher than the industry average
• Uncertainty in the progress of regional economic recovery
• Need to continuously pay attention to changes in provision coverage ratio and capital adequacy ratio

Although Harbin Bank’s non-performing loan ratio of 2.83% is still higher than the industry average, it shows a continuous improvement trend. Considering the bank’s active layout in digital transformation and characteristic financial services, as well as the gradual recovery of the Northeast China economy, the improvement of asset quality has certain sustainability. However, investors still need to pay attention to its provision coverage level, capital adequacy situation, and potential risks brought by regional economic fluctuations.

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[1] Sina Finance - Top 10 Excellent Cases of Banking Industry’s ‘Five Major Articles’ in 2025 (https://k.sina.com.cn/article_2082792193_7c24e301001018uxe.html)