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recently, chengdu bank released its 2024 semi-annual performance report.

the performance report shows that as of the end of june 2024, the total assets of chengdu bank reached 1,200.305 billion yuan, an increase of 109.062 billion yuan or 9.99% from the end of the previous year. in the first half of the year, chengdu bank achieved operating income of 11.585 billion yuan, a year-on-year increase of 4.28%; net profit attributable to shareholders of the parent company was 6.167 billion yuan, which still achieved a year-on-year growth of 10.6% on the higher base of the same period last year, and the momentum of scale growth was strong.

while its operating performance continued to improve, bank of chengdu steadily improved its asset quality. as of the end of june 2024, the non-performing loan ratio of bank of chengdu was 0.66%, down 0.02 percentage points from the end of the previous year; the provision coverage ratio was 496.02%, reaching the advanced level in the industry.

in the first half of 2024, chengdu bank will continue to promote the implementation of a new round of strategic planning, and go all out to do a good job in the "five major articles" of finance, demonstrating financial responsibility in serving regional development, delivering financial warmth in meeting people's yearning for a better life, and showing financial action in building a "second growth curve". its comprehensive strength will continue to increase, and it will be listed in the 2024 fortune china 500.

increase in corporate business

in the first half of this year, chengdu bank continued to rely on the "moats" of its three major businesses, namely government finance, physical business, and retail liabilities, and focused deeply on the "five major directions of capacity enhancement" - industry analysis of physical customer groups and the establishment of a risk control system, enhancing the contribution capabilities of off-site branches, creating a brand for advisory services for distinctive wealth management business, upgrading the distinctive brand of "chenghang xiaodai", and expanding the contribution of financial market business income. it solidly promoted the implementation of strategic planning and continued to create new potential with broad development space.