China Merchants Bank Co Ltd 2021 AR2
The report highlights China Merchants Bank's outstanding operating results in 2021, with net operating income reaching RMB 331.4 billion and net profit attributable to shareholders increasing by 23.20% to RMB 119.9 billion. The bank successfully launched its 3.0 business model, focusing on extensive wealth management, digital operation, and open integration, with retail assets under management exceeding RMB 10 trillion. In green finance, the bank's green loan balance grew by 26.49% to RMB 263.8 billion, and its MSCI ESG rating was upgraded to A. Additionally, the bank actively supported the real economy, inclusive finance, and rural revitalisation, winning the 'China Charity Award' for its pandemic response.
Company: China Merchants Bank Co Ltd
Sector: Finance & insurance
Country: China
Year: 2021
Type: AR2
Pages: 334
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China Merchants Bank Co Ltd
Annual Report
The report highlights China Merchants Bank's outstanding operating results in 2021, with net operating income reaching RMB 331.4 billion and net profit attributable to shareholders increasing by 23.20% to RMB 119.9 billion. The bank successfully launched its 3.0 business model, focusing on extensive wealth management, digital operation, and open integration, with retail assets under management exceeding RMB 10 trillion. In green finance, the bank's green loan balance grew by 26.49% to RMB 263.8 billion, and its MSCI ESG rating was upgraded to A. Additionally, the bank actively supported the real economy, inclusive finance, and rural revitalisation, winning the 'China Charity Award' for its pandemic response.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Mar 18, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees