On March 10, Ping An Bank Co.Ltd(000001) held a 2021 performance conference. During the reporting period, the bank achieved an operating revenue of 169383 billion yuan, a year-on-year increase of 10.3%; The net profit was 36.336 billion yuan, a year-on-year increase of 25.6%. This is the first annual report of 2021 issued by A-share listed banks.
business achieves balanced development
The report shows that in 2021, Ping An Bank Co.Ltd(000001) all businesses will develop in a balanced way. Among them, the retail business achieved an operating revenue of 98.237 billion yuan, a year-on-year increase of 8.4%, accounting for 58.0% of the bank's operating revenue. The operating income of corporate business was 43.377 billion yuan, a year-on-year increase of 10.4%; The balance of enterprise deposits was 2191454 billion yuan, an increase of 10.2% over the end of the previous year.
Ping An Bank Co.Ltd(000001) chairman Xie Yonglin said that the bank is constantly deepening the digital business system, the middle stage construction of retail capacity, the integration of public technology and business, and the youth project of cadres, which is to promote comprehensively in terms of mechanism, talent and organization to ensure the implementation of strategies and strategies.
Ping An Bank Co.Ltd(000001) in recent years, corporate business has developed rapidly. The annual report shows that in 2021, Ping An Bank Co.Ltd(000001) corporate business revenue was 43.377 billion yuan, an increase of 10.4% year-on-year; At the end of 2021, there were 510400 corporate customers, an increase of 1.48 times that of the previous year.
"We need to create the most distinctive technology-based trading bank and complex investment and financing ecology, and open a new growth curve of the company's business." Hu Yuefei, President of Ping An Bank Co.Ltd(000001) said that looking forward to the future, Ping An Bank Co.Ltd(000001) company's business will deeply layout the two major tracks of capital market direct financing and industrial digitization with strong comprehensive financial and scientific and technological capabilities.
real estate related business risks are controllable
With regard to the risks of bank's housing related business generally concerned by the market, Ping An Bank Co.Ltd(000001) vice president Guo Shibang introduced that at the end of 2021, the bank's total balance of businesses bearing credit risks such as real and contingent credit, proprietary bond investment and proprietary non-standard investment amounted to 341089 billion yuan, including 288923 billion yuan of loans to public real estate, an increase of 16.96 billion yuan over the end of the previous year, Accounting for 9.4% of the total principal of loans and advances, down 0.8 percentage points from the end of the previous year; The bank's financial capital contribution, entrusted loans, cooperative agency management, consignment trusts and funds, lead underwriting debt financing instruments and other businesses that do not bear credit risk totaled 120686 billion yuan. At the end of 2021, the non-performing rate of the bank's loans to public real estate was 0.22%, which was basically the same as that at the end of the previous year, and the overall risk was controllable.
Guo Shibang said that in strict accordance with the general policy of "housing without speculation", the bank will continue to do a good job in the balanced and orderly release of real estate loans on the basis of implementing regulatory requirements, focus on supporting the development of ordinary commercial housing, actively support the development of indemnificatory housing and rental housing, and support high-quality enterprises to implement high-quality real estate project mergers and acquisitions. At the same time, we will continue to strengthen the risk control of real estate loans and realize the all-round monitoring of customer operation, project progress, asset status and capital flow.
