CBRC: In the First Quarter, China's Commercial Banks Accumulated A Net Profit of 614.3 Billion Yuan
CBRC: In the first quarter, China's commercial banks accumulated a net profit of 614.3 billion yuan, up 2.4% year-on-year, a growth rate of 3.3 percentage points lower than the same period last year. From January to May, profits of industrial enterprises above the scale increased by 83.4% year-on-year, with a two-year average growth rate of 21.7%. Banking profit growth and industrial enterprise profit growth "one down, one up", reflecting the positive effect of financial concessions to the real economy. Based on the impact of last year's low base, the banking industry profit growth is expected to pick up significantly in the first half of this year.
Key areas of risk have been effectively prevented and controlled. At the end of June, the balance of non-performing loans in China's banking industry was 3.5 trillion yuan, up 108.3 billion yuan from the beginning of the year, and the non-performing loan ratio was 1.86%, down 0.08 percentage points from the beginning of the year. Shadow banking risks continued to be suppressed, with entrusted loans and trust loans decreasing by more than 800 billion yuan from the beginning of the year. The growth rate of real estate loans fell to 10.3%, which continued to be lower than the growth rate of all loans.
First, please LoginComment After ~