On the evening of August 27th, 2020, China CITIC Bank (60 1998. SH) Release the semi-annual report for 2020. According to the report, the net profit attributable to shareholders of CITIC Bank in the first half of 2020 was 2554 1 billion yuan, and its operating income reached10201300 million yuan, up 9.5 1% year-on-year, of which the net interest income was 64.935 billion yuan, up 5.56% year-on-year, accounting for the total.
At the same time, the report shows that the asset scale of CITIC Bank has also shown rapid growth. At the end of the reporting period, its assets reached 708,066,543.8+0.6 billion, up by 4.89% and 65,438+0.66% respectively, and its loans reached 42,654,38+0.452 billion, up by 5.42% and 9.5% respectively. And the deposit scale reached 44,4381600 million, up1/0.06% year-on-year, up 10.03% compared with the end of last year, with an increase of more than 400 billion yuan, setting a record high.
CITIC Bank ranked 265,438+0 in Banker magazine's "Top 500 Global Banking Brands" this year, and its Tier 1 capital ranked 24th in Banker magazine's "Top 65,438+0,000 Global Banking Brands", and its brand value and comprehensive strength were widely recognized.
Let the real economy inclusive finance comprehensively improve quality and efficiency.
The executive meeting of the State Council held on June 17, 2020 proposed "guiding financial institutions to further make reasonable profits to enterprises and help stabilize the basic economy". As one of the commercial banks with the strongest capital strength in China, CITIC Bank has grown rapidly in the tide of economic development in China, and now it has become a national commercial bank with strong comprehensive competitiveness. During the reporting period, CITIC Bank conscientiously implemented the requirements of the CPC Central Committee, the State Council and the regulatory authorities, actively supported enterprises to resume work before and after the epidemic, and increased credit supply to manufacturing and inclusive small and micro enterprises. According to the report, as of the end of the reporting period, the loan balance of CITIC Bank to small and micro enterprises in CBRC was 6918.25 million yuan, an increase of 8221700,000 yuan over the end of the previous year. The number of customers with loan balance 135 1000 increased by 16700, and the loan balance in inclusive finance of CBRC was 226 1658.
In this regard, Wu Jun, general manager of inclusive finance Department of CITIC Bank, said that in the first half of 2020, inclusive finance showed a good development trend in terms of scale growth, number of households, cost reduction and excellent quality. Moreover, for enterprises experiencing temporary difficulties due to the epidemic, CITIC Bank also extended the repayment of principal and interest by stages, implemented fee reduction and exemption, and tried its best to alleviate the financial pressure on enterprises, especially small and medium-sized enterprises, to repay principal and interest during the year.
In addition, CITIC Bank has set up inclusive finance Department in 20 key branches, established and prepared six small and micro branches, and established inclusive finance "Cloud Business Hall" with more than 65,438+0,000 people online through electronic channels such as portal website, personal online banking and mobile banking. In addition, in terms of services in inclusive finance, CITIC Bank has also defined the inclusive finance business model of "online, professional, intensive and intelligent", continuously optimized the products of "on-chain finance", and developed online credit loan products such as "logistics e-loan, bank e-loan and customs e-loan", which has comprehensively improved the mobile and open inclusive service capability of CITIC Bank.
In this regard, CITIC Bank said that it will continue to conscientiously implement the important arrangements of the CPC Central Committee and the State Council on serving the real economy, supporting small and micro enterprises and developing inclusive finance, actively implement the regulatory policy requirements of the People's Bank of China and the China Banking Regulatory Commission, adhere to the development concept of "having feelings, mission, temperature and feelings", focus on the work of "six stabilities" and "six guarantees", and give play to the characteristics and advantages of "party building+inclusiveness" Focus on business development and risk prevention and control, focus on building a "value inclusive" system, and promote the high-quality development of financial services for small and micro enterprises through a series of "temperature" financial support.
Increase the provision, increase the "safety mat" credit structure, and continue to optimize.
On August 14, 2020, Guo Shuqing, Chairman of the China Banking Regulatory Commission, pointed out in an exclusive interview with the media that "the epidemic situation is still uncertain, and the financial risks it brings are also lagging behind, which is expected to delay the risk of a considerable loan", and asked financial institutions to increase the provision withdrawal in advance to improve their ability to resist future risks. In this context, CITIC Bank actively cooperated with the implementation of the policies of the state and regulatory authorities, increased the extraction of profits and provisions from the real economy, further enhanced its ability to cope with risks in the future, and increased its "safety mat". The 2020 semi-annual report issued by China CITIC Bank shows that its NPL balance is 77.287 billion yuan, the NPL ratio is 1.83%, and the provision coverage ratio is 1.75. In this regard, Hu Gang, vice president and risk director of CITIC Bank, said at the performance conference that "the epidemic situation still has an impact on the asset quality of the Bank. The non-performing rate has increased, but the range is limited. Although the problem loans have increased, it shows a downward trend compared with the first quarter. In the first half of the year, the new non-performing rate of our company's loans decreased by 30% compared with the same period last year. Therefore, the overall impact of the epidemic is relatively small and the asset quality is relatively stable. "
Not only that, Hu Gang also said that in terms of corporate loans, CITIC Bank mainly leans to industries and regions with better risk and return, reducing the risk of customer concentration, and mainly invests in water conservancy, environment, leasing and business services with better risk and return in the first half of the year. According to the report, as of the end of the reporting period, the loan balance of CITIC Bank was 396.698 billion yuan and 329.375 billion yuan respectively, accounting for 34.76% of the company's loans, up 2.97 percentage points from the end of last year, and the loan balance of manufacturing industry was 300.467 billion yuan, up 65.438+0.20 percentage points from the end of last year. In terms of growth rate, water conservancy, environment and public facilities management, manufacturing, leasing and business services, electricity, gas and water production and supply industries grew rapidly, increasing by 22.47%, 16.6 1%, 12.46% and1/kloc-respectively. At the same time, it is understood that nearly half of the retail loans of CITIC Bank are mortgage loans, and the overall asset quality is good. Even if the credit card business is affected, it is better than the first quarter. In addition, from a regional perspective, as we all know, catering, tourism, entertainment, transportation and other industries in Hubei are relatively seriously affected by the epidemic. However, the report shows that the loan balance of these three industries in Wuhan Branch of CITIC Bank is not high, of which 76% are high-quality customers and 50% are large enterprises, so the overall impact is small. With the continuous optimization of credit structure, the asset quality of CITIC Bank has been further guaranteed.
Financial technology fully empowers the three major businesses to "go hand in hand"
Influenced by the epidemic factors in the first half of 2020, CITIC Bank, on the one hand, improved its risk resilience, and on the other hand, actively seized the opportunities for the development of various businesses through digital transformation. It is understood that CITIC Bank has achieved rapid development in the construction of scientific and technological core capabilities, scientific and technological anti-epidemic, application of new technologies, and organizational agile transformation. Not only has it successfully put into production the first domestic core business system based on an autonomous distributed database, but it has also built an artificial intelligence model center and an artificial intelligence efficiency center based on CITIC Brain, and nearly 200 AI application models have been quickly launched, the number of which has doubled compared with 20 19. Currently, its AI technology. In addition, CITIC Bank's blockchain technology research and development and application also continue to maintain the industry leading level. At present, the Xiong' an new model of blockchain application has been formed, and multi-point breakthroughs and applications have been realized in multiple scenarios. In addition, the transformation of CITIC Bank's technology agile organization has also achieved initial results. At present, the operation flow, mechanism and working mode of the direct counterpart business of the Head Office's 33 R&D sites have been initially formed, and the support rate of marketing customers and the reservation response rate of value-added service products of first-line branches have reached 65,438+000%.
Based on this, CITIC Bank has made continuous efforts in channel construction, intelligent application, scenario expansion, payment innovation and inclusive finance service. In terms of digital channels, CITIC Bank accelerated the "zero contact" business model during the epidemic, promoted the transformation of retail banking business to online and intelligent direction, and successively released a number of online services such as online double-recording sales of private products and mobile banking chat; In terms of intelligent application, CITIC Bank has also strengthened the digital management of long-tail customers and built a long-tail customer label factory. At present, there are more than 1000 online customer labels. At the same time, it also adopts a brand-new intelligent customer contact method to improve customer contact and conversion efficiency. According to the report, in the first half of 2020, CITIC Bank achieved more than10.42 billion smart customer recommendation contacts, and the wealth management sales scale of online marketing group reached10.550. In terms of ecological scenario expansion, CITIC Bank has broadened its service boundaries by using open banking technology, and now has the export capacity of 24 products and services such as electronic accounts, salary pots and party fees, and has built a number of scenario ecosystems such as health, going abroad and party building with more than 100 external head platforms, realizing "financial+non-financial" comprehensive services to customers; In terms of payment innovation, CITIC Bank has continuously innovated product functions such as e-housekeeper, inter-bank remittance, full payment and cloud order, which greatly boosted the growth of deposits and customers.
With the new mode of digital transformation and the comprehensive empowerment of financial technology, various businesses of CITIC Bank have also been greatly assisted and achieved rapid development. In corporate banking, the revenue of CITIC Bank in the first half of 2020 reached 44193 million yuan, accounting for 45.2% of its net operating income; In retail business, the Bank focused on assets, wealth management and payment and settlement. With the help of big data and precision marketing technology, we will actively innovate the customer acquisition mode of mobile channels and platforms, continuously improve customer operation and service experience, and achieve sustained and rapid growth in performance. According to the report, the retail banking business of CITIC Bank achieved a net operating income of 37.649 billion yuan in the first half of 2020, a year-on-year increase of 65.438+05.94%, accounting for 38.55% of the net operating income. In terms of financial market business, CITIC Bank made a good start, and its profitability, light development ability and differentiated competitive strength continued to improve. The report shows that its financial market business achieved revenue of 65.438+03.943 billion yuan during the reporting period, up 44.77% year-on-year, accounting for 654.38+04.26% of its net operating income. It can be seen that CITIC Bank has now formed a retail bank with corporate banks as the main body.