Sino-Singapore Jingwei Client, August 31 (Meng Zhang) On the 30th, the six state-owned banks' 2020 semi-annual reports were all released. The semi-annual report shows that the revenue of the six state-owned banks increased in the first half of the year, but the net profit collectively declined.

The six state-owned banks earn more than 3.1 billion a day

  In the first half of the year, the revenue of the six state-owned banks all achieved positive growth. Among them, China Construction Bank achieved revenue of 389.109 billion yuan, a year-on-year increase of 7.65%, ranking first among the six major banks.

  In terms of profitability, in the first half of the year, the six state-owned banks achieved a net profit of 566.33 billion yuan and a daily profit of 3.112 billion yuan, a year-on-year decrease of about 12%. ICBC is still the most profitable bank among the six state-owned banks. In the first half of the year, it achieved a net profit of 148.79 billion yuan and a daily profit of 818 million yuan.

  It is worth noting that in the first half of the year, the net profit of the six state-owned banks all declined. Among them, the net profit of the Bank of Communications fell 14.61%, the largest decline.

  The Bank of Communications explained that during the reporting period, the group’s credit impairment losses were 33.333 billion yuan, of which loan credit impairment losses were 31.134 billion yuan, a year-on-year increase of 9.049 billion yuan, an increase of 40.97%. Since the beginning of this year, due to factors such as the new crown pneumonia epidemic, the global economic growth has slowed down. The company has adjusted the forecast of macroeconomic indicators in 2020 and 2021 and the weights between different macro scenarios, and credit impairment losses have therefore increased significantly.

Fintech becomes a "new track" for bank development

  According to media reports, on August 29, the China Construction Bank APP quietly launched the "Digital RMB Wallet" function. The CCB Mobile Banking App has added two sub-menus, "Digital Wallet Recharge" and "Digital Currency", but these two functions are only available in some pilot areas and are not open to the public. Since then, CCB responded that the current online information is the test content in the technology research and development process, and it does not mean that the digital renminbi is officially launched.

  China Construction Bank also pointed out in the semi-annual report that it will use financial technology to support the construction of smart finance and smart ecology. Promote the ecological construction of the new retail field, provide support for user operations from multiple dimensions of user-customer management, marketing, products, and services, and promote the transformation of new retail to digital, intelligent, and networked.

  ICBC stated that it will follow the development trend of the digital economy, build a new model of digital development, launch new products with the ultimate experience, create a new platform for innovation and empowerment, improve the new technology-driven mechanism, and fully serve the construction of Digital China.

  Speaking of the topic of financial technology, Li Xiaofeng, former deputy director of the Science and Technology Department of the Central Bank and former director of the Institute of Financial Informatization, stated at the "2020 2nd China Retail Finance Development Summit" that the practice of banking financial technology shows that planning and layout should be done while focusing on industry With chain cooperation, digital transformation can be achieved steadily and practically on the ground. (Zhongxin Jingwei APP)

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