China Minsheng Banking Co Ltd 2021 AR2
The report highlights China Minsheng Bank's performance and strategic progress during the 2021 fiscal year. The Group recorded an operating income of RMB 165.6 billion and a net profit attributable to equity holders of RMB 34.4 billion. Key achievements include a 103.76% increase in green credit balance to RMB 107.3 billion and inclusive small business loans exceeding RMB 500 billion. The bank also accelerated its digital transformation, increasing its IT investment to nearly 3% of operating income and establishing a new Digital Finance Innovation Department.
Company: China Minsheng Banking Co Ltd
Sector: Finance & insurance
Country: China
Year: 2021
Type: AR2
Pages: 475
China Minsheng Banking Co Ltd
The report highlights China Minsheng Bank's performance and strategic progress during the 2021 fiscal year. The Group recorded an operating income of RMB 165.6 billion and a net profit attributable to equity holders of RMB 34.4 billion. Key achievements include a 103.76% increase in green credit balance to RMB 107.3 billion and inclusive small business loans exceeding RMB 500 billion. The bank also accelerated its digital transformation, increasing its IT investment to nearly 3% of operating income and establishing a new Digital Finance Innovation Department.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Mar 29, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees