ial technology is set to be no less than 3.5 percent of the annual operating income of the company in th

e previous year, we can expect to see more investments in the second half of 2019,” said the BOCI Research report.亚博体育app在哪下载官方授权会所品茶微信

The asset quality of CMB continued to improve as the bank posted a decline in both the

亚博体育app在哪下载官方授权会所nonperforming loan balance and the NPL ratio during the first six months of this year.

Its NPL balance decreased by 72 basis points from the end of 2018 to 53.22 billion yuan at the end of June. Its NPL ratio

also dropped 13 basis points to 1.23 percent over the same period. Meanwhile, CMB enhanced its risk resi亚博体育app在哪下载官方授权会所

stance capability, increasing the NPL coverage ratio by 35.94 percentage points to 394.12 percent.

亚博体育app在哪下载官方授权会所Net profit attributable to shareholders of the bank increase

d by 13.08 percent year-on-year to 50.61 billion yuan during the reporting period.

Shanghai Pudong Development Bank Co Ltd, another national joint-stock commercial lender, saw the net operating income亚博体育app在哪下载官方授权会所品茶微信

of its retail banking increase by 12.32 percent year-on-year to 37.06 billion yuan in the first half.

As of June 30, the balance of personal savings of the group increased by 29 percent from the

亚博体育app在哪下载官方授权会所end of last year to 835.81 billion yuan. Over the same period, the balance of personal loans of the gro

up rose 8 percent to 1.6 trillion yuan, accounting for 43.12 percent of the total loan balance.

The growth of the bank’s retail savings replaced its liabili亚博体育app在哪下载官方授权会所

ties which were at higher costs, and therefore enhanced the stability of its liabil

ities and lowered its liability costs, said Liu Xinyi, president of SPD Bank, at a media briefing on Friday.

亚博体育app在哪下载官方授权会所品茶微信In the first half, the group posted 18.99 percent growth year-

on-year of its operating income to 97.6 billion yuan and a 12.38 percent in

crease in its net profit attributable to shareholders of the parent company to 32.11 billion yuan.