Chinanews.com, September 9th. According to data from the bank's interim report, compared with the same period last year, 9 of the 10 listed joint-stock banks this year have a negative year-on-year increase in net profit attributable to their parent companies, a decrease of nearly 19 billion yuan in total, and half of the shares. The decline of the bank showed a double-digit rate. From the perspective of the growth rate of total assets, revenue, and net profit attributable to the parent, compared with the whole year of 2019, the development of 10 joint-stock banks in the first half of this year has slowed.
In terms of net profit attributable to the parent company, for the whole year of 2019, the net profit attributable to the parent company of 10 equity banks all showed positive growth, and the growth rate of 5 companies was double-digit, and the net profit growth of all banks was above 5%.
In the first half of this year, this indicator can be described as a "great face change", with only Bohai Bank showing a positive growth of 2.52%.
In terms of asset quality, Bohai Bank remained at the same level as at the end of last year. From the perspective of interest-earning assets, the average balance of loans and advances to interest-earning assets of 10 banks showed a double-digit increase year-on-year. Five banks increased by more than 16%. The growth rate of the bank entered the "2" prefix, at 27.70%.
The interim reports of a number of banks show that among the changes in bank net interest income caused by changes in scale and interest rates, the scale of loans and advances dominates the positive growth, and the interest rate causes some offsets.
According to the interim report, in the first half of this year, the net interest income of 10 joint-stock banks all showed positive growth. Among them, the growth rate of 7 banks reached double digits, and the growth rate of Bohai Bank exceeded 20%. What is more noteworthy is that the average yield Bohai Bank has also become one of the few banking companies that maintain positive growth.
According to the data, the 10 joint stock banks accrued a total of about 325.9 billion yuan in credit and other asset impairment in the first half of the year.
It is worth noting that the year-on-year growth rate of joint stock banks in this item has exceeded 20%, of which 6 banks have reached more than 40%, and Bohai Bank has reached 71.68%.
Specifically, loans and advances impaired provision accounted for the largest proportion, 10 joint-stock banks also showed a double-digit year-on-year growth rate, and Bohai Bank's growth rate reached 80.29%.
Facing the rapidly developing society and the market environment with such competitive incentives, Bohai Bank has made every effort to leverage on the innovation of financial technology and organizational structure to break the information barrier between the front, middle and back offices, and recreate agile, proactive and comprehensive The risk management model will further enhance the effectiveness of risk management, improve customer experience, enhance core competitiveness, and ultimately transform to retail banking, open banking and agile banking.
Based on the risk management concept of “comprehensive, proactive, agile, and in place” Bohai Bank is committed to improving risk management capabilities and levels, continuously improving the risk management system, and proactively identifying, measuring, evaluating, monitoring, reporting, controlling and mitigating the burden Various risks, and examine the correlation between risks, evaluate the mutual influence between various risks, and implement a sound risk management strategy and culture compatible with corporate governance and development strategies.