Earnings of Chinese banks rise
Print Edition
CHINESE commercial lenders brought in more profits in the first quarter of this year, while the quality of their assets remained stable, China’s top banking regulator said yesterday.
Net profits of all Chinese lenders stood at 493.3 billion yuan (US$71.5 billion) in the first three months, up 4.61 percent year on year, said the China Banking Regulatory Commission.
However, the pace was slower than the 14.3 percent growth year on year in total assets of Chinese banks which reached 238.5 trillion yuan, showing the profitability of commercial lenders was waning.
Chinese lenders’ bad-loan ratio was almost flat at 1.74 percent at the end of March, said CBRC.
The banks’ loan loss provisions, funds set aside to cover potential loan losses, reached 2.82 trillion yuan, up 156 billion yuan from the end of 2016.
The average capital adequacy ratio, the ratio of a bank’s capital to its risk-weighted assets, stood at 13.26 percent.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
