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Economy

CCB net profits up 1.19pct o-y to RMB193.835 bln in Q1-Q3

October 28, 2016


Abstract : China Construction Bank (CCB), one of the country's "Big Four" state-owned lenders, earned 193.835 billion yuan in net profits in the first three quarters of 2016, up 1.19 percent year on year, according to a financial report released by

BEIJING, Oct. 28 (Xinhua) -- China Construction Bank (CCB), one of the country's "Big Four" state-owned lenders, earned 193.835 billion yuan in net profits in the first three quarters of 2016, up 1.19 percent year on year, according to a financial report released by the bank on October 27.

Meanwhile, by September 30, total assets of the bank had amounted to 20.5007 trillion yuan, up 11.72 percent from the end of 2015.

CCB's non-performing loan (NPL) ratio reached 1.56 percent during the period, down 0.02 percentage points from the end of 2015, while outstanding bad loans rose 13.747 billion yuan to 179.727 billion yuan.

As of September 30, CCB's capital adequacy ratio had come to 15.36 percent, with the tier-one capital adequacy ratio standing at 13.54 percent and core tier-one capital adequacy ratio at 13.37 percent, which have all met the requirement of the regulator. (Edited by Zhang Yuan, zhangyuan11@xinhua.org)

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Keyword: CCB net-profit Q1-Q3

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