On April 29, Jiangsu Zijin Rural Commercial Bank Co.Ltd(601860) released the annual report of 2021, realizing an annual operating revenue of 4.502 billion yuan, a year-on-year increase of 0.57%; The net profit attributable to the parent company was 1.515 billion yuan, a year-on-year increase of 5.11%. By the end of 2021, the total assets were 206666 billion yuan, a decrease of 5.05% over the end of the previous year. The non-performing loan ratio was 1.45%, a decrease of 0.23 percentage points over the end of the previous year. The provision coverage rate was 232%, an increase of 11.85 percentage points over the end of the previous year.
Jiangsu Zijin Rural Commercial Bank Co.Ltd(601860) the first quarterly report of 2022 released on the same day showed that the bank realized an operating revenue of 1.074 billion yuan in the first quarter, with a year-on-year increase of 3.44%, and a net profit attributable to the parent company of 365 million yuan, with a year-on-year increase of 10.53%. By the end of March, the total assets had reached 228 billion yuan, an increase of 10.32% over the beginning of the year. The non-performing loan ratio was 1.35%, down 0.1 percentage points from the beginning of the year. The provision coverage rate was 241.32%, an increase of 9.31 percentage points over the beginning of the year.
