2021年11月27日

Everbright Bank’s net profit rose 1.2 percent year-on-year to 37.91 billion yuan in 2020

News (reporter Ouyang Jianhuan) on the evening of March 26, Everbright Bank released the annual report in 2020. The report shows that in 2020, Everbright Bank’s operating revenue reached 142.48 billion yuan, up 7.3% year on year. Net profit was 37.91 billion yuan, up 1.2 percent year on year.

The annual report shows that as of the end of 2020, the total assets of Everbright Bank are 5,368.1 billion yuan, an increase of 634.7 billion yuan or 13.4% compared with the end of the previous year. Total loans reached 3,009.5 billion yuan, an increase of 297.3 billion yuan or 11.0%. Completed the regulatory targets of “two increases and two controls”. By the end of December 2020, the balance of Everbright Bank’s inclusive loans was 20.25 billion yuan, 45.855 billion yuan more than the end of the previous year, an increase of 29.51%, higher than the average growth rate of various loans; We will continue to increase support for the manufacturing sector, promote high-quality economic development, and achieve record increases in loans to the manufacturing sector and medium – and long-term loans to the manufacturing sector.

In terms of helping poverty alleviation, in 2020, Everbright Bank actively participated in poverty alleviation work. By the end of 2020, the balance of targeted poverty alleviation loans of Everbright Bank was 24.814 billion yuan. By electricity, poverty alleviation, giving full play to the advantages of purchasing channels of fascinating electric business platform, the cumulative help 18 provinces 80 state-level poverty-stricken counties to open up new paths for poverty alleviation, ultra hundred, helping enterprises online goods 393 for poverty alleviation, accumulative total sales goods 1.17 million for poverty alleviation, sales reached 83.15 million yuan, among them, 2020 annual sales of 50.82 million yuan, up 147.84% from a year earlier.

According to the annual report, the bank’s retail deposits reached 805.5 billion yuan at the end of 2020, an increase of 98.4 billion yuan or 13.9% compared with the end of the previous year. At the same time of the rapid growth of retail deposits, retail AUM also achieved a sustained and rapid growth, increasing by 12.4%. Retail intermediary business, asset management business performance outstanding. In 2020, the income from financial service fees will increase by 297.2% year on year; In addition, agency service fee income continued to grow rapidly, with a year-on-year growth of 19.8%; The contribution of cloud fee payment to revenue increased rapidly, with a year-on-year growth of 37.0%.

The annual report shows that the size of Everbright Bank’s customers and users continues to grow, and the customer base is further consolidated. By the end of December 2020, the bank’s retail customers reached 123 million, an increase of more than 20.0% compared with the end of the previous year. 782,900 corporate customers, up 15.4% from the end of last year; The total number of users of the three APPs — mobile banking, Sunshine Life and Cloud Payment — reached 132 million, an increase of 63.4% over the end of last year. Among them, there were 38.47 million monthly active users, an increase of 78.5% over the end of last year. There were 10,040 cloud payment access projects, 2,837 more than at the end of last year, an increase of 39.4%. In the past three years, there were a total of 717 million payment users, and in 2020, there were 509 million active service users, a year-on-year increase of 34.7%.

In the development of fintech, in 2020, Everbright Bank will continue to promote the digital Everbright strategy, increase investment in science and technology, and strengthen science and technology empowerment. By the end of December, the bank had invested 5.15 billion yuan in science and technology, up 51% from the previous year, accounting for 3.6% of the operating revenue. The number of scientific and technical personnel in the bank increased by 27% over the previous year, accounting for 4.2% of the bank’s staff.

In addition, Everbright Bank implemented prudent risk policies and maintained reasonable provision and provision strength, with provision expenditure up 15.4% year on year. At the same time, we will continue to improve the risk management system, strengthen unified credit management, optimize the credit policy framework, strengthen the construction of early warning capacity, promote the construction of intelligent big data risk control system, and constantly consolidate the foundation of risk management. By the end of 2020, the bank’s non-performing loans amounted to 41.67 billion yuan, down 550 million yuan or 1.3% compared with the end of the previous year. The non-performing loan ratio was 1.38%, down 0.18 percentage points compared with that at the end of last year, and the non-performing loan ratio was the lowest in recent years, making victory in the battle of asset quality. The provision coverage rate was 182.71%, up 1.09 percentage points compared with the end of the previous year.

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