Apr. 19, 2012 (China Knowledge) - China
Everbright Bank Co Ltd<601818>, the banking unit of state-owned China
Everbright Group, announced yesterday that its net profit grew 41.36% year on year to RMB 18.09 billion last year.
The lender's operating revenue jumped 29.66% year on year to RMB 46.07 billion in 2011.
At the end of last year, the bank's total assets had increased 16.81% from a year earlier to RMB 1.73 trillion, and its total liabilities had risen 16.74% from a year ago to RMB 1.64 trillion.
However, the bank's capital adequacy ratio had dropped 0.45 percentage points from a year earlier to 10.57% at the end of 2011, and its core capital adequacy ratio had fallen to 7.89%, 0.26 percentage points less than a year ago.