BEIJING: China Construction Bank (CCB), one of the four leading lenders in China, announced Sunday that its net profit rose 15.32 percent year-on-year to 106.84 billion yuan ($15.65 billion) in 2009.
The CCB's operating income decreased 0.12 percent in 2009 over 2008 to 267.2 billion yuan, the lender said in its 2009 annual report filed to the Shanghai Stock Exchange.
The non-performing loan rate was 1.5 percent by the end of 2009, down 0.71 percentage point from a year earlier, the report said.
The CCB's A-share stock price rose 1.27 percent to 5.58 yuan per share on Friday.
The total assets of the Beijing-based lender rose 27.37 percent by the end of 2009 to 9.62 trillion yuan from a year earlier, according to the report.
The bank would strengthen its financing support for China's economic restructuring efforts, smaller firms and the agricultural sector this year, said Guo Shuqing, chairman of the CCB.
The lender said 1.54 trillion yuan new loans went to infrastructure projects in 2009, accounting for 53.12 percent of its new combined corporate loans last year.
![]() Sorry, the page you requested was not found.Please check the URL for proper spelling and capitalization. If you're having trouble locating a destination on Chinadaily.com.cn, try visiting the Chinadaily home pageCopyright 1995 -
. All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
![]() ![]() |
|