Four rows of seats, Agricultural Bank of China last year to make 260 million yuan

Source: Internet
Author: User
Keywords Seating ABC last year
(Reporter Sumanri) Agricultural Bank of China released its annual report yesterday evening, the net profit of Agricultural bank in 2010 94.907 billion yuan, an increase of 46%, has now been announced three of the largest state-owned net profit growth of the highest.  But asset size was first surpassed by the Bank of China, and four rows were arranged. ABC's annual report shows that the bank achieved net profit of 94.907 billion yuan in 2010, net profit is smaller than the previous disclosure of the annual report of CCB and BOC, but its 46% net profit growth rate higher than BOC and CCB.  Previously disclosed annual report data show that BOC 2010 realized net profit of 104.418 billion yuan, an increase of 29.2%, and the construction Bank in 2010 to achieve net profits of 134.844 billion yuan, an increase of 26.31%. In accordance with this net profit scale, the equivalent of agricultural Bank of 365 days a year net earn 260 million yuan.  ABC said the rapid growth in net profit was mainly due to the rapid growth of net interest income and fees and commission net income. Net interest is still the largest component of ABC's operating income, accounting for 2010 of the business income of 83.4%.  ABC last year to achieve a net interest income of 242.152 billion yuan, an increase of 60.513 billion yuan, of which, the increase in the size of the net interest income increased by 39.426 billion yuan, interest rate changes led to increase the net interest income of 21.087 billion yuan.  In addition, the Agricultural Bank non-performing loans to achieve double drop, as at the end of 2010, the balance and accounted for a year-on-year decline of 19.836 billion yuan and 0.88%, the provision of coverage increased by 62.68%, ABC's annual report also showed that the Agricultural bank shares 51.67% of the fund company Agricultural Bank funds to achieve net profit of 64.44 million yuan. Agricultural Bank based on the positioning of the three rural also in the annual report is reflected. By the end of 2010, the bank's county area loan balance was 1,505,286,000,000 yuan, which grew 26.1% from the end of 2009, and the average growth rate of loans was 6.3%. New grant card 29.48 million, the total number of cards to reach 61.855 million.  County areas to achieve a full year pre-tax profit of 34.527 billion yuan, an increase of 64.8%.  Top four lines of asset scale row seating One noteworthy detail is that AgBank's net profit has risen sharply, but its assets have grown less than other big lines. From the three major lines of data that have been disclosed, AgBank has lagged Bank of China for the first time in its assets and is in the smallest of four lines.  Data show that BOC 2010 at the end of the asset size of 10.46 trillion yuan, CCB 10.81 trillion yuan, and agbank up to the end of 2010 assets of 10.34 trillion yuan, although the increase of 16.4%, but still lagged behind the bank for the first time. Another big bank ICBC's asset scale with China, agriculture, the construction of three major lines of distance, the end of the third quarter of last year, the size of its assets reached 13.4 trillion yuan.  If there is no accident, the four major state-owned banks ranked by asset size will change the seating, in turn, ICBC, CCB, BOC, ABC. (Somaly Mam)
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