日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Overseas operation boosts BOC profit

By Jiang Xueqing | China Daily | Updated: 2018-03-31 10:37
Share
Share - WeChat
A branch of Bank of China in Vientiane, capital of Laos. [Photo/Xinhua]

Bank of China Ltd saw a 20.3 percent year-on-year growth in pretax profit for its overseas business to $9.5 billion last year, the bank announced on Thursday.

Overseas business contributed nearly 30 percent to BOC group's profit and about 30 percent of its total assets. The net interest margin of this part of business increased by 13 basis points to 1.09 percent in 2017.

"Step by step, our overseas assets will account for 40 percent of the total assets of BOC Group, and the overseas profit will contribute 40 percent to the group's profit. We are heading in that direction," said Lin Jingzhen, executive vice-president of the bank, at a news conference in Beijing.

As of Thursday, Bank of China, the country's fourth largest commercial lender by assets, had expanded its global footprint to 54 countries and regions, including 23 economies related to the Belt and Road Initiative.

"We will further improve our overseas layout, with a plan to expand our banking institutions to around 60 countries and regions," Lin said.

BOC posted a 14.5 percent growth year-on-year in overseas deposits to $426.8 billion in 2017 and a 13.8 percent growth in overseas lending to $351.3 billion.

By the end of last year, the bank had followed more than 500 major projects related to the B&R initiative, which focuses on connectivity and cooperation among more than 60 countries and regions across Asia, Europe and Africa.

The bank granted credit worth about $100 billion to countries and regions related to the initiative from 2015 to 2017. During the same period, it issued three bonds for the initiative, raising the equivalent of $7.6 billion.

The bank has also restructured its branches in Malaysia and Thailand and will continue to promote regional integration in Southeast Asia, Europe, Africa and the Americas in terms of assets, institutions and banking business, Lin said.

Chen Siqing, chairman of BOC, said: "We will optimize our assets ... reduce capital occupation and increase earnings from capital occupation by improving the role of technology, so that Bank of China will become a bank on track for high-quality development."

Last year, BOC achieved an after-tax profit attributable to equity holders of the bank of 172.41 billion yuan ($27.5 billion), up 4.76 percent year-on-year.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久久久91 | 一个色综合亚洲色综合 | 国产99久久精品 | 草草视频免费观看 | 欧美黄视频| 97精品国产高清久久久久蜜芽 | 久草视频免费看 | 亚洲天堂视频在线免费观看 | 超级碰在线视频 | 亚洲午夜剧场 | 国内精品小视频福利网址 | 欧美黄色一区 | 久久综合九色婷婷97 | 欧美一做特黄毛片 | 精品专区| 99热国产精品 | 久草资源 | 亚洲韩国精品 | 久草新在线观看 | 亚洲乱码视频 | 一个人看aaaa免费中文 | 国产乱码在线观看 | 国产成人福利精品视频 | 国产在线精品一区 | 亚洲第一女人av | 午夜激情av | 无码免费人妻A片AAA毛 | 91精品久久久久久久久久入口 | 国产一区二区在线看 | 亚洲不卡视频 | 欧美三级中文字幕hd | 欧美综合国产 | 欧美日韩一二区 | 日本黄 色 成 年 人免费观看 | 日韩欧美一区在线观看 | WW.国产人妻人伦精品 | 国产亚洲精彩视频 | 欧美精品在线一区二区三区 | 92手机看片福利永久国产 | 综合天天 | 久久久久久久久久免观看 |