Everbright Bank's first-half profit growth close to doubling

Source: Internet
Author: User
Keywords Everbright Bank annual profit
Securities Times reporter Zheng in Beijing Everbright Bank held a media meeting yesterday, Everbright Bank chairman Tang Shuangning Vice-Chairman said the company's shares will be listed on August 18 in Shanghai.  Everbright Bank announced the listing announcement, the first half of the bank to achieve net profit of 6.83 billion yuan, growth ahead of other joint-stock banks. Tang Shuangning Vice-Chairman said, Everbright Bank confirmed August 18 in Shanghai SSE listing. "Tomorrow we are going to Shanghai to attend the August 18 listing ceremony." "he said. Looking back on the IPO course of Everbright Bank, Tang Shuangning vice-chairman pointed out that Everbright Bank IPO has five characteristics: first, the issuance timetable creates a A-share IPO shortest record.  The Everbright Bank A-share listing process soon, from the July 22 prospectus to August 18 listing, lasted only 28 days, a A-share IPO shortest record. Second, the IPO scale of a joint-stock bank shares the highest, for the 2010 A shares of the second largest IPO.  If the "green shoes" in full exercise, the total amount of fund-raising will reach 21.7 billion yuan. Third, the shortest strategic placement time, the number of households introduced, raising capital accounted for the highest. The issue is the second in nearly 3 years after the Agricultural Bank to introduce a strategic placement of a shares IPO. Strategic placement from start-up to completion is only 7 days, the shortest time.  Through the introduction of strategic placement of 30 strategic investors, strategic placement of 3 billion shares, the "green shoes" before the implementation of the scale of nearly 50%, the number of strategic placing households and the proportion of the largest shares. Four is a a-share of the third use of "green shoes" mechanism.  This issue is after ICBC, Agricultural Bank, a-share market for the third time using the "green shoe" mechanism. Five is listed in the 1 years after the lowest proportion of the circulation plate.  In the 1 years after the listing, Everbright Bank's circulation plate size and proportion of joint-stock banks in the smallest, conducive to maintaining the stability of future stock prices. Everbright Bank chief audit officials said that Everbright Bank will go to the H-shares listed, but there is no specific arrangements in the near future.  The impact of the CBRC's new rules on silver letters Everbright Bank deputy Governor Lijie said, silver letter new rules on all banks have an impact, but the CBRC gave nearly two years of time, and the bank's financial products are generally the period of 1 years, in the deadline before the Everbright Silver Trust products have expired, the impact is not big. Everbright Bank also disclosed in its listing announcement in the first half of 2010 years of performance. Data show that the first half of Everbright Bank to achieve operating income of 17.314 billion yuan, to achieve ownership of the bank's shareholders net profit of 6.83 billion yuan, more than 2009 annual profit of 7.6 billion yuan 90%. People close to the Everbright bank told reporters that Everbright Bank did not disclose the first half of 2009 profit, but the first half of 2010 year-on-year growth of nearly 100%. In the first half, the bank's net spreads had increased from 1.95% in 2009 to 2.12% in the first half of 2010. In terms of asset quality, in the first half of 2010, non-performing loan balance fell to 6.87 billion yuan, non-performing loan rate dropped to 0.95%, continue to maintain "double drop". At the same time, the provision coverage rate reached 238.1%, the overall asset quality and risk preventioncapacity is increasing.
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