2023-07-06 10:43:06
Good money! The Financial Supervisory Commission announced today (6) that the 39 national banks earned a total of 203.8 billion yuan in pre-tax profits in the first five months, an annual increase of 35.6%. Take a “cautiously optimistic” attitude.
Good money! National Bank earned 200 billion yuan in pre-tax profit in the first five months, breaking a double record with an annual increase of 35%.File photo: Central News Agency
Tong Zhengzhang, deputy director of the Banking Bureau, announced the three main pillars of profit, among which the net income from investment has grown the most, from 29.7 billion yuan in the same period last year to 97.4 billion yuan, an increase of 2.2 times. The main reason is not investment in stocks and bonds, but foreign exchange trading contributed the most. In addition, the interest income was 247.9 billion yuan, and the fee income contribution was also regarding 86.5 billion yuan.
National Bank made a huge profit of 200 billion yuan in the first five months, of which the domestic head office accounted for 74% of the largest proportion, regarding 151 billion yuan, an increase of 45.8% over the same period last year.
However, the growth rate of domestic branches is still lower than the 120% annual growth rate of mainland branches and the 65% growth rate of overseas branches. As for the OBU of cross-border branches, it has declined by 14%, which is not ideal among the three financial industries.
The pre-tax profit of the Bank of China in the first five months was 203.8 billion yuan, a record high for the same period in history.Photo/provided by the Banking Bureau of the Financial Supervisory Commission
Tong Zhengzhang said that mainly due to factors such as interest rate hikes and a decrease in lending, some overseas customers did not renew loans, and the global economic situation remains to be further observed. In addition, the mainland branch declined by nearly 40% in a single month in May. Tong Zhengzhang explained that it was mainly due to changes in the exchange rate and a decrease in lending.
Tax payment and corporate capital increase National Bank’s deposit ratio rose to 70.2% in May
As for the deposit ratio of Bank of China at the end of May, it rose to 70.2%. In April, due to factors such as the government’s general cash entry and the transfer of funds from private enterprises, the total deposits of domestic banks exceeded NT$53 trillion at the end of April. The ratio fell to 69.72%, which has been below 70% for 4 consecutive months. Tong Zhengzhang said that it was mainly due to quarterly factors, and it was also the case in May last year. It was due to the tax season and the continuous increase in capital increase loans for enterprises. In the future, the momentum of bank lending will also be closely monitored.
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Ye Yiru, Special Correspondent of Yahoo Finance: 22 years of experience in financial and mainstream media, from the bubble of Web1.0 in 2000 to Web3.0 in the Meta universe, witnessed the history of the rise and fall of large and small business groups in Taiwan, and experienced five international financial crises. Think that finance is life, omnipresent, no matter how difficult financial management knowledge should be explained in a simple way. No matter you are young or old, you should manage money. If you don’t manage money, money will ignore you.
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