China Banking and Insurance Regulatory Commission: Commercial banks' liquidity indicators remain stable.

The China Banking and Insurance Regulatory Commission released the data on the main regulatory indicators for the banking and insurance industry in the fourth quarter of 2025. At the end of the fourth quarter of 2025, the liquidity coverage ratio of commercial banks was 157.99%, an increase of 8.27 percentage points from the previous quarter; the net stable funding ratio was 127.83%, an increase of 0.16 percentage points from the previous quarter; the liquidity ratio was 80.95%, an increase of 0.85 percentage points from the previous quarter; the RMB excess reserve ratio was 1.64%, an increase of 0.10 percentage points from the previous quarter; the loan-to-deposit ratio was 80.08%, a decrease of 0.38 percentage points from the previous quarter.