BEIJING,time bazar ka Aug. 29 (Xinhua) -- The Bank of China (BOC) on Thursday released its financial results for the first half of 2024, showing robust growth across several key areas, particularly in loan issuance and asset quality.
During the first half of the year, BOC increased domestic yuan loans by 1.21 trillion yuan (about 169.7 billion U.S. dollars), contributing to the overall growth and optimization of its loan portfolio.
This achievement was accompanied by the bank's efforts on nurturing new quality productivity drivers through various initiatives, including enhanced financial services for technology companies and a strong emphasis on green finance.
By the end of June, the bank had provided comprehensive financial services to 83,500 technology enterprises, with total funding provided through comprehensive financial services for technological innovation exceeding 650 billion yuan.
Green finance also performed well, with the balance of domestic green loans growing by 39.77 percent year on year.
The bank also achieved notable results in its targeted loan issuance to key sectors. Agricultural loans reached a balance of 2.28 trillion yuan. The balance of medium- and long-term loans to the manufacturing sector grew by 13.82 percent compared to the end of last year.
Meanwhile, loans to private enterprises increased by 348.4 billion yuan, representing 9.35 percent growth year on year.
On the financial side, BOC reported an operating income of 317.9 billion yuan and a profit after tax of 126.5 billion yuan for the first half of 2024.
Asset quality remained stable as well, with the non-performing loan (NPL) ratio decreasing by 0.03 percentage points compared to the end of last year, and the NPL provision coverage ratio improving by 10.03 percentage points, indicating an enhanced ability to mitigate risks.
Editor: Zhang Zhou 顶: 6628踩: 4
【time bazar ka】Bank of China reports stable growth in H1, with strong performance in key loan sectors
人参与 | 时间:2024-09-20 16:28:10
相关文章
- Istanbul cat museum helps stray animals through art
- 泰山18分钟丢3球克雷桑染红 半场0
- 又一上市房企宣布:退出房地产开发业务!
- 公职人员与教师夜摘豆角引纠纷,湖南常宁通报
- 专家分析丨波兰若对俄导弹实施拦截将引发严重后果
- 国安vs三镇首发:5外援PK3外援 于大宝李可先发
- iOS 17.4泄密:苹果正在开发搭载大模型的Siri
- 阿根廷剑指大赛三连冠 能否复刻西班牙曾经的辉煌
- Death toll from Israeli airstrikes on Syrian military sites rises to 18
- 5799元!红魔9 Pro白色特别版•云海腾龙龙年限定版即将开售
评论专区