Deep development June end platform loan accounted for 16%

Deep Development A (000001.SZ) announced today, the first half of the year to achieve net profit of 3.033 billion yuan, an increase of 31.23%; basic earnings per share of 0.98 yuan, operating income growth of 13% to 8.496 billion yuan Year-on-year.　　However, according to the Bank's quarterly report of the net profit of 1.578 billion yuan, the second quarter of deep development achieved net profit of 1.455 billion yuan, the chain fell 7.8%.　　In addition, the deep development of the government financing platform loan balance of about 58.7 billion yuan, accounting for the entire bank of the loan balance of 16%. Citic Investment banking analyst Zhang Minhua to the "first financial daily" reporters that from the banking sector as a whole, the second-quarter spreads are basically flat, and from the cost, the provision of the second quarter to take more, in addition, because the credit policy is not very tight, bank loans bargaining power is not high,　　This caused the second quarter of the bank's performance chain is not very ideal.　　As at the end of June, the deep development net interest rate fell from 2.51% in the first half of last year to 2.46%, and the loan balance amounted to 373.625 billion yuan at the end of June, up 3.78% from the beginning.　　As at the beginning of the first half of the year, the balance of the deep development non-performing loans was $2.292 billion, which was reduced by 6.2%, the non-performing loan rate of 0.61%, the decrease from 0.07% at the beginning of the year, and the provision coverage from 161.84% to 224.09% at the beginning of the year and as at March 31. As a trade financing for the development of the deep development business, the credit balance at the end of June amounted to $145.434 billion, which grew by 18.6% at the beginning.　　While the trade finance business also maintained a better quality of assets, it increased by 15.7 billion yuan in the second quarter, 2.2 times times in the first quarter, and a bad rate of 0.35% per cent.　　In the first half of the year, fees and commissions net income rose 56.85% to 750 million yuan, mainly due to increased business volume, especially the growth of the credit card business. During the period of deep development, the net investment income of 172 million yuan fell by 66% compared with the 507 million yuan in the same period a year earlier, mainly because in the first half of 2009, the bank successfully sold some of the bonds before the bond market rate rose, and realized the difference of 430 million yuan.