Mar. 26, 2012 (China Knowledge) - China Construction Bank Corp or CCB<601939
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Basic earnings per share were RMB 0.68 last year, up 21.43% from 2010. The lender proposed a final dividend of RMB 0.24 per share for 2011.
CCB saw its operating revenue rise 22.75% year on year to RMB 397.09 billion in 2011. Net interest income jumped 21.1% year on year to RMB 304.57 billion last year, accounting for nearly 80% of the total revenue.
Net fee and commission income surged 31.55% from the previous year to RMB 86.99 billion last year.
As of the end of last year, the bank's capital adequacy ratio had risen to 13.68% from 12.68% a year earlier, and its core capital adequacy ratio had increased 0.57 percentage points from a year ago to 10.97%.
CCB had total assets of RMB12.28 trillion at the end of 2011, up 13.61% year on year. The bank's balance of customer deposits had grown 10.05% year on year to RMB 9.99 trillion at the end of last year, and its balance of customer loans and advances had increased 14.59% year on year to RMB 6.5 trillion, with loan-to-deposit ratio standing at 65.05%.