The four major state-owned banks collectively said that they had made steady progress in operation in the first two months of this year and achieved a good start

On March 10, Bank Of China Limited(601988) , China Agricultural Bank Of China Limited(601288) , China Industrial And Commercial Bank Of China Limited(601398) , China China Construction Bank Corporation(601939) collectively issued an announcement, saying that the operation remained stable and made progress in the first two months of this year and achieved a good start.

Bank Of China Limited(601988) announced that in 2021, the bank adhered to the general tone of seeking progress while maintaining stability, adhered to the development pattern with domestic commercial banks as the main body and globalization as the two wings, increased support for the real economy, actively served the high-level opening-up and achieved positive results. From January to February 2022, the bank actively adapted to the changes of the external environment, maintained steady progress in operation and achieved a good start. The bank will continue to carry forward the fine tradition of “century old stores” in pursuit of excellence, constantly enhance the adaptability, inclusiveness and competitiveness of financial services, give full play to international comparative advantages, support the high-quality development of the real economy, actively promote high-level opening-up, and strive to build a world-class modern banking group.

China Agricultural Bank Of China Limited(601288) announcement shows that in 2021, the bank adhered to its main responsibility and business, adhered to integrity and innovation, unswervingly followed the road of high-quality development, continuously optimized its income structure, steadily improved its operating efficiency, continuously improved its asset quality and steadily increased its operating performance. In the first two months of 2022, the bank actively adjusted the credit structure around the national strategy, continued to strengthen rural revitalization and financial services for the real economy, continued to maintain a good growth trend of credit supply, strictly controlled risks, made steady progress in business operation, and the growth of main business was better than that in the same period, achieving a good start.

China Industrial And Commercial Bank Of China Limited(601398) announced that in 2021, the bank adhered to the general tone of seeking progress while maintaining stability, highlighted value creation and high-quality development, continued to increase support for the real economy and achieved positive results. From January to February 2022, the bank actively adapted to the changes in the external environment, maintained steady progress in operation, and achieved a good start in the growth of deposit and loan business better than that in the same period.

China China Construction Bank Corporation(601939) announced that in 2021, the bank will resolutely implement the decisions and arrangements of the CPC Central Committee and the State Council, adhere to the new development concept, serve the new development pattern, promote new financial actions, and strive to achieve its own sustained and steady development while serving the high-quality development of the real economy. In 2022, despite the complex and severe situation outside China and many risks and challenges, the fundamentals of China’s long-term economic improvement have not changed. From January to February this year, the bank continued to deepen new financial actions, strengthened financial services in key areas such as inclusive finance, green development, science and innovation and high-end manufacturing, continued and steadily contributed to economic and social development and common prosperity, made steady progress in main business indicators and achieved a good start.

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