Learn To Play Guitar Course

Click For More On Learn To Play Guitar Course!

Sunday, May 10, 2009

ICBC quarter after-tax yield to realise buyer bank deposits 35.3 billion worldwide apex

By Zou cheaponsale

Beijing, April 27 Mar 27 China's Industrial and Commercial Bank of China broadcast first quarter functioning outcomes display that the realization of the first quarter after-tax earnings of ICBC 35.289 billion yuan, an boost of 6.03%. Earnings per share of 0.11 yuan, up 10%. At the identical time, the bank clientele down payments amidst the world's peak financial banks.

Data presented that as at the end of the first quarter, ICBC buyer bank deposits arrived at 9.1 trillion yuan, an advance over last year at the end of close to 9,000 billion yuan, one moves past Europe and the United States and Japan, the banking development as the world's first buyer bank deposits of economic banks. The first quarter, ICBC advances advanced by 636.4 billion yuan the matching interval last year by 457.7 billion yuan more. From the financial endeavour advance, the energetic support of countrywide key ventures, in line with the countrywide highly-developed guideline in key businesses and key enterprises.

In addition, ICBC the first quarter of 396.5 billion yuan to increase financing for SMEs, accounting for all loans over the same period 61% of incremental, to effectively meet the financial needs of SMEs; the territory of the individual categories of loans increased by 52.5 billion yuan, up by 23.9 billion more to actively support the reasonable to expand consumer demand for funds.

ICBC official said, as the basis of adhering to the status of customer deposits and does not rely on market financing, the Bank was the financial crisis is very stable. Even in the relatively rapid loan growth this year, the bank's loan-deposit ratio is only 57.6%, with a solid foundation for sustainable long-term.

Operating effects in a continued and firm expansion, the bank's asset worth and risk organisation in addition has improved. As at the end of the first quarter, the bank carries on to realise the unquestionable allotment and fraction of non-performing advances of the "double down" non-performing advances at the end of last year to lessen the balance of 1.832 billion yuan; non-performing advance rate of 1.97 out of 100, the end of last year plunged 0. 32 percentage points; At the matching time, the bank's provision reporting carries on to get higher, at the end of the first quarter arrived at 132.02%, the end of last year to advance 1.87 percentage points.

In supplement, ICBC has furthermore sustained the middle of the enterprise impetus of fast growth. First quarter of this year the bank charges and charge earnings come to 13.5 billion yuan, an boost of 9.66%. RMB clarifying enterprise in which incomes expanded 27.45%; the capacity of borrowing business card handing out 42,620,000, comprising the starting of new 3.57 million, expending a total of 93.6 billion yuan, an boost of 82%; electrical devices banking transactions amounted to 32 trillion yuan, accounting for all 44.5% of the capacity of enterprise, the starting of the year to boost 1.4 percentage points. - 18762

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home