The bank posted a net profit of 241.9 billion yuan in 2021, up 11.8 percent year on year

2022-05-18 0 By

Beijing Business Daily (Reporter Song Yitong) On March 30, Agricultural Bank of China (ABC) released the operating data of 2021. By the end of 2021, the total assets of the bank reached 29.1 trillion yuan, an increase of 6.9% compared with the end of the previous year.The balance of loans was 17.2 trillion yuan, an increase of 13.2% over the previous year.The balance of various deposits was 21.9 trillion yuan, up 7.5% from the end of the previous year.In 2021, agricultural Bank of China achieved operating revenue of 721.7 billion yuan, an increase of 9.5% over the previous year.Net profit reached 241.9 billion yuan, up 11.8 percent from the previous year.Net interest income is the largest component of AgBank’s operating income, accounting for 80.08 percent of the bank’s operating income in 2021.In 2021, agBANK achieved net interest income of 577.987 billion yuan, an increase of 32.908 billion yuan over the previous year.In terms of asset quality, the non-performing loan ratio of AgBank was 1.43% by the end of 2021, down 0.14 percentage points from the end of the previous year.Disclaimer: This article is reproduced for the purpose of conveying more information.If the source is wrong or violated your legitimate rights and interests, please contact the author with proof of ownership, we will promptly correct, delete, thank you.Email address: newmedia@xxcb.cn