CCB Chengdu, March 25 news On the evening of March 24, China CITIC Bank Co., Ltd. (hereinfollowing referred to as “China CITIC Bank”, stock code 601998.SH/0998.HK) disclosed its 2021 annual performance report.
The report shows that in the face of complex and ever-changing internal and external situations in 2021, China CITIC Bank will resolutely implement the decisions, arrangements and regulatory requirements of the CPC Central Committee and the State Council, focus on high-quality development, and further promote business transformation and efficiency, with overall stable business development. Enter.
The operating efficiency is growing well and the profitability is improved. During the reporting period, China CITIC Bank achieved operating income of 204.557 billion yuan, a year-on-year increase of 5.05%; of which, non-interest net income was 56.661 billion yuan, a year-on-year increase of 28.15%; net profit attributable to shareholders of the Bank was 55.641 billion yuan, a year-on-year increase of 13.60% , the growth rate hit a new high in the past 8 years; the return on average total assets (ROAA) was 0.72%, an increase of 0.03 percentage points year-on-year; the weighted average return on equity (ROAE) was 10.73%, an increase of 0.62 percentage points year-on-year, ushering in since 2013. The first year-on-year double rise. The board of directors proposed to distribute an annual dividend of RMB 3.02 per 10 shares, the highest since its listing.
Asset quality continued to improve and risk resistance was enhanced. As of the end of the reporting period, China CITIC Bank achieved a “double drop” in the ratio of non-performing loans, with a balance of non-performing loans of RMB 67.459 billion, a decrease of RMB 5.993 billion or 8.16% from the end of the previous year; the non-performing loan ratio was 1.39%, a decrease of 0.25 percentage points from the end of the previous year; overdue loans The ratio of loans over 60 days to non-performing loans was 78.43%, down 2.03 percentage points from the end of the previous year; the provision coverage ratio was 180.07%, up 8.39 percentage points from the end of the previous year.
The business scale grew steadily, and the quality and efficiency of serving the real economy improved. As at the end of the reporting period, the total assets of China CITIC Bank were RMB 8,042,884 million, an increase of 7.08% over the end of the previous year; the total loans and advances (excluding accrued interest) were RMB 4,855,969 million, an increase of 8.55% over the end of the previous year; interest) 4,736.584 billion yuan, an increase of 4.60% over the end of the previous year. During the reporting period, China CITIC Bank actively implemented the national macro policies and increased credit support in key areas. Inclusive loans, manufacturing loans, and strategic emerging industry loans increased by 21.8%, 10.5%, and 70.2% respectively compared with the beginning of the year, all high. The average loan growth rate, especially corporate inclusive loans exceeded 100 billion yuan, an increase of 10 times in the past three years; the green credit balance exceeded 200 billion yuan, an increase of over 140% compared with the beginning of the year.
2022 marks the 35th anniversary of China CITIC Bank. The relevant person in charge of the bank said that it will better rely on the integrated platform of CITIC Group, further leverage the synergistic advantages of “1+1>2”, and strive to build the three core capabilities of “wealth management, asset management, and comprehensive financing”, so as to adapt to the The “powerful core” of the new development pattern supports the development of the real economy and business development in the same direction, and through the empowerment of financial technology, promotes more “smart” business management, more openness and win-win, more “ecological”, and better customer service. “temperature”.Return to Sohu, see more
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