China CITIC Bank’s net profit in 2019 was 480.1.5 billion increased by 7.87%

China CITIC Bank’s net profit in 2019 was 480.1.5 billion increased by 7.87%
On the evening of March 26, China CITIC Bank Corporation Limited (“CITIC Bank”) announced its 2019 annual performance report.In the total report, China CITIC Bank Group achieved a net profit of 480 attributable to shareholders of the Bank.1.5 billion US dollars, an increase of 7 over the previous year.87%; realized net operating income of 1875.8.4 billion yuan, an increase of 13.79%.  The “three driving together” gradually enters the good situation to improve the quality and create value. The scale of growth is “stable” and the structural adjustment is “advance”.At the end of 2019, the total assets and total negative of China CITIC Bank Group reached 6, respectively.75 trillion and 6.22 trillion yuan, an increase of 11 from the end of last year.3% and 10.8%.In 2019, China CITIC Bank will focus on optimizing its asset structure, and its loan resources will continue to lean toward low-risk, low-capital consumption businesses, personal mortgages, low company pricing, and government low-risk loans account for more than 60% of new on-balance sheet loans.  Traditional advantages are “stable” and emerging businesses are “advancing”.In 2019, the number of company customers reached 74.30,000 households, an increase of 11 from the end of last year.30,000 households, the increment reached a record high; corporate deposits exceeded 3 trillion yuan, and continued to maintain the lead of joint-stock banks.In 2019, the size of China CITIC Bank’s personal customers exceeded the “100 million” level, managed assets exceeded 2 trillion, and the number of credit card expansions exceeded 80 million.  Asset quality is “stable” and profitability is “advancing”.In 2019, the NPL ratio is 1.65%, the lowest in the past four years.China CITIC Bank Group achieved a net operating income of 1875.8% 10%, an annual increase of 13.8%; the increase in net profit attributable to shareholders was the highest in nearly six years.  Actively implement the national strategy to solidly serve the real economy report merger, CITIC Bank strongly supports the real economy, private economy, business focus on optimizing the structure, strengthening the characteristics and solid foundation.As of the end of the reporting period, China CITIC Bank has assessed the balance of Pratt & Whitney financial loan balance 2042 according to the Banking and Insurance Regulatory Commission.5.5 billion yuan, an increase of 679 over the end of last year.02 ppm; NPL balance and NPL ratio “double down”, the NPL ratio is lower than the overall NPL ratio of the bank; the loan interest rate has achieved “a steady decline”China CITIC Bank’s inclusive financial loan balance of 2252 in line with the People’s Bank of China’s targeted RRR cut.7.7 billion US dollars, an increase of more than 50%, accounting for 20% of the bank’s supplementary loans, satisfying the People’s Bank of China’s “reserve reserve ratio based on the statutory deposit reserve ratio benchmark file base 1.”.The assessment conditions of the five partners have achieved positive results in alleviating the financing difficulties of small and micro enterprises.