Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

China Everbright Bank reports growing revenues

November 09, 2020


Abstract : China Everbright Bank, a joint-stock lender, saw its operating revenues rise in the first three quarters of this year, as the Chinese economy expands recovery.

BEIJING, Nov. 7 (Xinhua) -- China Everbright Bank, a joint-stock lender, saw its operating revenues rise in the first three quarters of this year, as the Chinese economy expands recovery.

From January to September, the lender garnered combined operating revenues of 106.82 billion yuan (about 16.11 billion U.S. dollars), up 6.6 percent year on year, the bank said in a statement.

Its total net profits declined 5.6 percent year on year to 29.7 billion yuan in the first three quarters, narrowing from the 10.1-percent drop in the first half.

At the end of September, the non-performing loan ratio of the bank was 1.53 percent, down 0.03 percentage points compared with the end of last year, according to the bank.

The bank has provided targeted financial services to support the poverty-alleviation campaign, with related total outstanding loans reaching 24.216 billion yuan by the end of September, up 4.544 billion yuan from the end of last year. Enditem

Scan the QR code and push it to your mobile phone

Keyword: banking industry China Everbright Bank

Most Read

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial