Chinas SPD Bank 2016 net profits up 4.93 pct
   2017-04-17      来源:江苏新闻网


Shanghai Pudong Development (SPD) Bank said its 2016 net profit climbed 4.93 percent from a year earlier to 53.1 billion yuan (about 7.7 billion U.S. dollars).

Revenue rose 9.72 percent year on year to 160.79 billion yuan last year, according to the banks annual report.

Non-interest income reached 52.67 billion yuan, accounting for 32.76 percent of revenue, up 9.87 percentage points year on year. The bank posted 16.12 percent increase in total assets, which amounted to 5.86 trillion yuan at the end of 2016. Its non-performing loan ratio stood at 1.89 percent at the end of 2016, up from 1.56 percent the previous year.

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