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


 
Financial Market
 Search News  Or
Bank of Beijing posts 31.51% rise in net profit for 2011

Apr. 24, 2012 (China Knowledge) - Bank of Beijing Co Ltd <601169>, China's largest city lender by assets, announced yesterday that its net profit surged 31.51% year on year to RMB 8.95 billion last year.

The lender's gross profit reached RMB 11.40 billion last year, 32.51% more than in the previous year.

At the end of 2011, the lender's capital adequacy ratio was 12.06% and its core capital adequacy ratio was 9.59%.

Bank of Beijing also said that its net profit in the first quarter of this year jumped 33.79% year on year to RMB 3.37 billion.

At the end of the first quarter, the bank's total assets had increased 4.68% from the beginning of this year to RMB 1 trillion.

The lender completed an RMB 11.8-billion private placement in the first quarter, which boosted its capital adequacy ratio and core capital adequacy ratio to 13.83% and 11.54% at the end of March, respectively.






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