Uxin Bank s losses shrank by 27.3% last year to 93.4 million yuan

Business     8:53am, 24 May 2025

As of the end of December 2024, the digital bank's deposits doubled to 3.8 billion yuan from a year ago, while loans soared by 156.3% to 780 million yuan. It had 974,000 customers at the end of last year, and the total number of customers exceeded 1 million at the beginning of 2025.

Dwaipayan Sadhu, CEO of Uxin Bank, said in a statement Friday (May 23): "Our growth is due to the continued growth of our customer base and the rapid expansion of our range of innovative products and services."

Uxin Bank is a digital bank jointly established by Standard Chartered and NTUC Enterprise. It holds a comprehensive bank license.

Trust Bank's net interest income soared 124.7% to 72.8 million yuan in fiscal 2024, with total revenue soaring 147.5% to 96.9 million yuan, and net loss decreased by 27.3% to 93.4 million yuan.