BEIJING, April 5 (Xinhua) -- CZBank, one of the country's 12 nationwide joint-stock commercial banks, reported net profit growth of 2.75 percent in 2021.
The bank raked in 12.65 billion yuan (about 1.99 billion U.S. dollars) in net profit attributable to shareholders in the period, according to its annual financial statement.
Its business revenue stood at 54.47 billion yuan, up 14.19 percent year on year.
Inclusive loans issued to small and micro businesses rose 17.06 percent from last year to 236.55 billion yuan, the lender said.
By the end of last year, the bank's non-performing loan ratio stood at 1.53 percent, while its provision coverage ratio was 174.61 percent, both within the reasonable range.
The lender's total assets amounted to 2.29 trillion yuan by the end of 2021, up 11.64 percent from a year ago.
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