How high is the bank's profit?

The reason for the high profit is that the current Hanlaobaoshou interest income and a myriad of fees and charges in China's banks have long been recognized by the public as the "source" of bank profiteering.

"The corporate profits are so low and the bank profits are so high that we sometimes have too much profit and we are embarrassed to announce them." "China Minsheng Bank Governor Hongzia's statement quickly touched the public's sensitive nerves."

How did the profits come from the bank?
A bank-working Netizen explains: The main source of profit is usury (credit service), arbitrary charges (intermediary business) and pimping (asset class business). Everyone listened to the enlightened.

( first half of the year)

Usury: daily earnings of 3 billion interest income as the main source

16The total profit of the listed banks reached5453billion yuan, daily earnings -billion yuan. Banking'sROElevel (the indicator reflects the income level of shareholders ' equity) is indeed significantly higher than other industries, the average of China's listed banksROE(Return on net asset rateROE (Rate of Return on Common stockholders ' Equity)) year 21.33%, far higher than the profitability of the real estate industryEven if the high-margin real estate industry is generally considered .annual net asset profit margin is also only12.15%. 2011years,The average lending rate for Wenzhou is 25%.

Arbitrary charges: Five big lines of fees and commission income over half a year

According to the CBRC and China Banking Association, China Banking Service project Total 1076, of which 226 is free, accounting for 21%; charge Items 850 item, account ratio 79% . In the first half of the year, agriculture, engineering, construction, and delivery of the five major lines to achieve the fee and commission net income amounted to 1881.88 billion yuan. Unreasonable charges of personal business, unclear fee items, and the charging of various pretexts in the loan business have become the most complaints of consumers.

Pimp: Asset-class business revenue grows rapidly

Asset class business is mainly the cooperation between banks and securities companies, generally through the bank card transfer, fund escrow, securities agency business and funds for the cooperation content. Structured finance, bond underwriting and asset management revenues grew 70.36%,57.6% and 52.87%respectively.

Good news

2014-11, China's central bank unexpectedly announced interest rate cuts, many analysts believe that China's banking profits will be impacted. Deposits can rise 20% at the benchmark rate!

{Friendship tip: Generally deposit money to small and medium-sized banks can get higher interest, but if deposited regularly, it is recommended to buy money funds, bills, such as higher income and very safe financial products}

How high is the bank's profit?