according to the annual report released on March 24, 1998 6, Baixin bank achieved a net operating income of 2.998 billion yuan in 2021, a year-on-year increase of 74.05%; The net profit was 263 million yuan, and the pre provision profit and provision coverage increased significantly.
By the end of 2021, the total assets of Baixin bank were 79.406 billion yuan, a year-on-year increase of 19.46%; The total liabilities were 72.601 billion yuan, a year-on-year increase of 21.20%; The number of users exceeded 69 million.
In terms of inclusive small and micro loans, Baixin bank actively implements the national and regulatory requirements, supports the real economy, and focuses on the four product systems of supply loan, order loan, bank tax loan and breeding loan with the main brand of “Baixing loan”. In 2021, 3.656 billion yuan of inclusive small and micro enterprise loans and 1.593 billion yuan of Rural Revitalization and modern agriculture were invested.
In terms of green finance, Baixin bank actively responded to the innovation of the people’s Bank of China’s green financial monetary policy tools, integrated the bill discount product “baipiao sticker”, landed the first special rediscount product of “jinglvtong II” in Beijing, accurately targeted the demand for green financing, ranked first in the Beijing market in terms of business scale, and was rated as the “demonstration case of practicing green finance” by the outlook think tank of Xinhua news agency. “Hundred ticket stickers” products have provided discounts of more than 45 billion yuan to more than 3000 enterprises, of which more than 90% are small and micro enterprises.
In addition, Baixin bank adheres to the positioning of AI driven digital inclusive bank and continues to increase investment in financial science and technology. In 2021, science and technology investment accounted for more than 50% and scientific and technological talents accounted for more than 60%. It has initially formed the scientific and technological characteristics of “cloud, agility, intelligence and security”, constantly exploring applications in wealth management, digital RMB and other fields and enabling business innovation.
According to public information, Baixin bank was established in 2017, jointly initiated by China Citic Bank Corporation Limited(601998) and Baidu.
