
CZBANK Vice President Luo Feng: The number of new self-operated consumer loan accounts in September increased by 50% month-on-month
Zhejiang Commercial Bank Vice President and Board Secretary Luo Feng revealed at the bank's Q3 2025 performance briefing that since the implementation of the consumer loan interest subsidy policy on September 1, the bank's consumer loan business has shown rapid growth, playing a positive role in boosting consumption. In September alone, the number of new consumer loan accounts opened by Zhejiang Commercial Bank increased by 50% month-on-month and 48% year-on-year; the amount disbursed increased by 43% month-on-month and 42% year-on-year, with over 10,000 customers authorized for consumer loan interest subsidies, and significant growth in both the volume of consumer loan applications and disbursements

