The total customer deposits of Zhejiang Merchants Bank have exceeded 2 trillion yuan.

Zhejiang Commercial Bank disclosed its first quarter report for 2025, showing that as of the end of March, the total amount of customer deposits in the bank had exceeded 2 trillion yuan, an increase of 4.4% compared to the beginning of the year. At the same time, the bank is promoting the adjustment of its asset structure, significantly reducing the high-priced internet platform cooperative loans, increasing the allocation of low-risk mortgage loans, and intensifying its resource allocation towards financial "big five articles", small-scale diversified assets, and "Zhejiang Bank's good mark" first and second-tier customers. In the first quarter, the bank achieved year-on-year positive growth in both net interest income and net profit.