Aug. 15, 2012 (China Knowledge) - Shanghai Pudong Development Bank Co Ltd<600000
> said yesterday that its net profit attributable to shareholders surged 33.49% YoY to RMB 17.19 billion in the first half of this year, due mainly to increases in net interest income and net fee and commission income.
The bank's operating revenue rose 25.53% YoY to more than RMB 40 billion in the first six months.
At the end of June, the bank's balance of loans had increased 9% from the end of last year to about RMB 1.45 trillion, and its balance of deposits had grown to RMB 2.06 trillion from RMB 1.85 trillion.
The lender's non-performing loan ratio rose 0.09 percentage points to 0.53% in the period. Capital adequacy ratio had decreased to 12.21% at the end of June from 12.7% at the end of last year, and core capital adequacy ratio had fallen to 8.9% from 9.2%.