[ET Net News Agency, 19 March 2018] Bank of Chongqing (01963) said its net profit
attributable to shareholders for the year ended 31 December 2017 rose 6.4% year-on-year to
Rmb3,726 million.
Basic and diluted earnings per share were Rmb1.19.
Net interest income amounted to Rmb8,115 million, an increase of 5.7% from a year
earlier. The net interest spread decreased by 34 basis points to 1.89% as compared to the
previous year, while net interest margin of the Group decreased by 27 basis points to
2.11% as compared to the previous year.
As at 31 December 2017, the balance of non-performing loans was Rmb2,400.46 million,
representing an increase of Rmb957.96 million as compared to the end of the previous year;
non-performing loan ratio was 1.35%, representing an increase of 0.39 percentage point as
compared to the end of the previous year.
The Group's capital adequacy ratio, tier I capital adequacy ratio and core tier I
capital adequacy ratio were 13.6%, 10.24% and 8.62% respectively, representing an increase
of 1.81 percentage points, an increase of 0.42 percentage point and a decrease of 1.20
percentage points as compared with the end of the previous year.
The proposed final dividend is Rmb11.8 cents (2016: Rmb29.1 cents) per share. (HL)