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Citic bank registers $6.5b in shareholder profit

By Yang Ziman (chinadaily.com.cn) Updated: 2014-02-18 15:57

China Citic Bank Co Ltd registered 39.2 billion yuan ($6.5 billion) in net profit attributed to shareholders in 2013, up 26.24 percent from the same period the previous year, according to its profit statement posted on Monday.

Its operation income stood at 104.6 billion yuan in 2013, up 16.91 percent year-on-year,

The bank's total assets amounted to 3.64 trillion yuan in 2013, increasing 23 percent from the end of 2012. It held 3.41 trillion yuan in debts, up 23.7 percent year-on-year.

The non-performing loan rate was 1.03 percent, up 0.29 percentage points from December 2012.

The bank held 2.65 trillion yuan in deposits at the end of 2013, up 17.6 percent year-on-year. Its loans stood at 1.94 trillion yuan, increasing 16.7 percent from the end of 2012.

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