Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Financial Market
 Search News  Or
China CITIC Bank posts 43.28% surge in net profit for 2011

Apr. 2, 2012 (China Knowledge) - China CITIC Bank Corp<601998><0998>, 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.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved