Apr. 2, 2012 (China Knowledge) - China CITIC Bank Corp<601998
>, the listed banking unit of the nation's largest investment enterprise CITIC Group Corp, announced yesterday that its net profit grew 43.28% year on year to RMB 30.82 billion in 2011.
The bank's operating revenue rose 37.99% year on year to RMB 76.95 billion last year.
Net interest income increased 35.26% year on year to RMB 65.11 billion in 2011, and its non-interest income surged 55.20% year on year to RMB 11.84 billion in the period.
At the end of last year, the bank's capital adequacy ratio had risen 0.96 percentage points from a year earlier to 12.27%, and its core capital adequacy ratio had grown 1.46 percentage points year on year to 9.91%.
The lender's balance of customer deposits had increased 13.71% year on year to RMB 1.97 trillion at the end of 2011, and that of customer loans and advances had risen 13.43% from a year earlier to RMB 1.43 trillion.
The bank proposed a final dividend of RMB 1.45 per ten shares.