Industrial Bank gains 40% in the first half

Societe Generale today reported the first half of the 2010 year earnings. The report shows that as of June 30 this year, the total assets of Societe Generale amounted to $1,714,804,000,000, an increase of 28.72% in non-performing loans and a 0.49% per cent non-performing loan ratio of 3.89 billion yuan.　　Fell 0.05% from the beginning of the first half to achieve net profit of 8.764 billion yuan, an increase of 40.82%, the second quarter to achieve net profit of 4.685 billion yuan, the chain growth of 14.85%. Since the beginning of the year, Societe Generale has actively adjusted its credit investment. In the industry or customer orientation, the priority to protect the rapid development of energy-saving and emission reduction loans, actively cooperate with the country to stimulate domestic demand and economic restructuring needs, vigorously support consumer credit and industry policy in line with the state of the quality of production-oriented enterprises reasonable capital needs, and actively support qualified small business loans.　　At the same time, the government financing platform loans, real estate loans for risk screening, the loan approval authority to collect the head office, carry out stress testing, resolutely compressed exit "two senior left" industry loans. It is worth mentioning that, in the first half, Societe Generale's investment banking business has sprung up. In the first half, the bank's investment banking Department for 15 companies to underwrite the issuance of 18 short-term financing coupons, underwriting scale of 15.035 billion yuan, an increase of 178.43%, 13 enterprises to underwrite the issuance of 15 medium-term bills, underwriting scale of 19.578 billion yuan, an increase of 1466.24%.