Producer: Global Finance
Recently, China Everbright Bank released its 221 performance report, with both revenue and net profit increasing. In 221, the operating income was 152.753 billion yuan, an increase of 7.14% over the previous year; The net profit attributable to shareholders of the Bank was 43.47 billion yuan, a year-on-year increase of 14.73%.
At the same time, non-performing loans declined, and the amount of non-performing loans reached 41.366 billion yuan, down .72% from the end of last year; The NPL ratio was 1.25%, down by .13 percentage points from the end of last year; The provision coverage ratio was 187.2%, an increase of 4.31 percentage points over the end of last year.
but since the first half of the year, the growth rate of its net profit has gradually decreased.
The data changes of each financial quarter of China Everbright Bank in 221 show its profit characteristics.
the bank's operating income increased by 3.7% and net profit by 6.3% in the first quarter, 6.83% and 22.18% in the first half, 9.25% and 18.48% in the first three quarters.
combined with the performance report data, it can be seen that the profitability of the bank is slightly weak in the first and fourth quarters, and slightly stronger in the second and third quarters. Or it is mainly the Spring Festival in the first quarter, so the willingness to expand business in the first quarter is weak, and the fourth quarter is the annual report season. In order to ensure performance, the business will be relatively conservative.
the performance report didn't disclose more information, but according to the previous financial report, although the bank's performance kept growing, the spread and net interest rate were declining. In the first half of the year, its net interest margin and net interest rate decreased by .9 percentage points year-on-year. However, the bank's current profit means mainly rely on interest margin, and its net interest income accounts for more than 7% of its operating income. It shows that the pressure of business transformation still exists.
In addition, in the past two years, the newly-increased funds are intensive, and many banks, including some local banks, have taken a share. The agency business income of handling fees and commission income has increased substantially, but the agency fee income of Everbright Bank has not increased much, and it seems that it has not been able to share a piece of the action.
in terms of assets, according to the performance report, by the end of 221, the total assets of China Everbright Bank were 5,92.384 billion yuan, an increase of 9.95% over the end of last year; The total liabilities were 5,417.949 billion yuan, an increase of 1.28% over the end of the previous year; Owners' equity attributable to ordinary shareholders of the Bank was RMB377.658 billion, an increase of 8.34% over the end of last year.
the semi-annual report of p>221 shows that the ability of collecting demand deposits of banks is weak. Overall, the debt cost ratio of the Bank has decreased, but the average cost ratio of demand deposits for public and retail businesses has increased. In the first half of last year, the average cost ratio of corporate customers' demand deposits increased by .8 percentage points year-on-year, and the average cost ratio of retail customers' demand deposits increased by .48 percentage points year-on-year.
in terms of asset quality, by the end of the year, the bank finally broke out of a good situation of "double decline" in non-performing loans. In the first half of the year and the first three quarters, although the non-performing loan ratio is declining, the balance of non-performing loans is rising. Last year's semi-annual report showed that the overdue loans of China Everbright Bank increased, mainly for three months to one year. The highest NPL rate is concentrated in the Pearl River Delta.
After New Year's Day, the Discipline Inspection and Supervision Team of the State Supervision Commission of the Central Commission for Discipline Inspection in China Everbright Group and the Supervision Commission of Shandong Provincial Commission for Discipline Inspection released news that Zhang Huayu, former deputy secretary of the Party Committee and vice president of China Everbright Bank, was suspected of serious violation of discipline and law, and was currently under supervision and investigation.
according to the resume, Zhang Huayu was born in October 1958 with a college degree. He joined the work in October 1976 and transferred to China Everbright Bank in February 21. From February 21 to March 27, Zhang Huayu served as Secretary of the Party Committee, Director of the Business Department of China Everbright Bank, Member of the Party Committee of the Head Office and Assistant to the President; From March 27 to April 218, he served as a member of the Party Committee and
It is reported that Du, 42, has worked in CITIC Securities and Everbright Securities for 9 years and has been responsible for the fixed income business of Everbright Securities for a long time. At the beginning of last year, he served as the general manager of debt financing headquarters and investment banking headquarters of Everbright Securities.
Daniel Hsia is suspected of serious violation of discipline and law. At present, he is under the disciplinary review of the Discipline Inspection and Supervision Team of the State Supervision Commission of the Central Commission for Discipline Inspection in Everbright Group and the supervision investigation of Weifang Municipal Supervision Commission. Two of them are former executives of China Everbright Bank.
Before the inspection team, Zhou, Party Secretary and President of China Everbright Bank Nanning Branch, was opened in 221, and Chen, the business manager of IT Department, was also investigated.
In the first month of p>223, China Everbright Bank even received two tickets. According to the penalty information of banking regulatory bureau in official website, China Banking and Insurance Regulatory Commission, China and Anshan, China Banking and Insurance Regulatory Commission, China, Anshan Branch of China Everbright Bank was fined 2, yuan according to Article 46 of the Banking Supervision and Administration Law of the People's Republic of China for failing to conduct the "three investigations" on working capital loans.
Yinchuan Branch of China Everbright Bank decided to impose an administrative penalty of 4, yuan on its illegal fact of "transferring loans and seriously violating prudent commercial rules"; Cui Xinwei, Wang Jidong and Bai Wenling were given warnings. Related Q&A: Annual interest rate of ICBC deposit interest rate in 223, ICBC deposit interest rate Project in 223% 1. Deposits of urban and rural residents and units (1) Current deposit of .3 (2) Term deposit of 1. Deposit and withdrawal in lump sum for three months 1.35 half a year 1.55 one year 1.75 two years 2.25 three years 2.75 five years 2.752. Deposit and withdrawal in lump sum, Deposit with interest for one year 1.35 for three years 1.55 for five years 1.553. Fixed-term deposit with interest at the same level at regular lump-sum deposit within one year, 2% for agreed deposit and 13% for * * deposit. The annual interest rate is .55 for one day and seven days 1.1: China Industrial and Commercial Bank of China (ICBC) was established on January 1, 1984. The head office is located at No.55 Fuxingmennei Street in Beijing, which is a large state-owned bank. The basic task of China Industrial and Commercial Bank is to raise social funds through financing activities at home and abroad, strengthen the management of credit funds, support enterprise production and technological transformation, and serve China's economic construction. In February 217, Brand Finance released the list of the top 5 brands in the world in 217, and China Industrial and Commercial Bank ranked 1th. Bank card business ICBC is the largest credit card issuer in China and one of the most complete credit card issuers. New products such as euro credit card, peony express business card, peony unionpay card, peony sports card and new peony transportation card have been launched one after another; Promote the construction of service system of business outlets, VIP customer service centers and other channels; Actively choose overseas institutions to issue cards as agents, and further strengthen cooperation with international card organizations. At the end of 27, the number of credit cards issued was 23.38 million, with a consumption of 161.9 billion yuan, and it continued to maintain its leading market position in both card issuance and consumption. The credit card overdraft balance was 8.241 billion yuan, an increase of 59.5%. By the end of 29, the number of credit cards issued by ICBC had exceeded 52 million, an increase of nearly 13 million a year, with an increase of 33%. It not only remained the first credit card issuing bank in China, but also continuously surpassed the three world-class credit card giants such as Discovery Card, American Express and First Capital in one year, achieving a perfect "triple jump" and becoming the fourth largest credit card issuing bank in the world after JPMorgan Chase, Bank of America and Citigroup. Establish a personal financial service model based on debit card; Strengthen the integration of marketing channels by virtue of the advantages of Peony Link Card with multiple accounts and multiple functions; Give play to the role of Peony Link Card in payment and settlement, and divert the pressure on the counter. At the end of 27, the number of debit cards issued was 187 million, an increase of 8.58 million, and the annual consumption was 454.3 billion yuan, an increase of 71.4%. By the end of 27, the number of bank cards issued exceeded 21 million, an increase of 21.49 million. The bank card business income was 4.537 billion yuan, an increase of 4.6%.