Ping An Bank Co Ltd 2024 AR2
The report highlights Ping An Bank's performance in 2024, during which the bank focused on serving the real economy and advancing its strategic reform of strong retail banking, selective corporate banking, and specialized interbank business. Despite a 4.2% year-on-year decrease in net profit to RMB 44,508 million, total assets grew by 3.3% to RMB 5,769,270 million. The bank made significant progress in green finance, with its green loan balance increasing by 13.0% to RMB 157,762 million. Additionally, the bank invested RMB 5,070 million in IT capital expenditure to drive digital transformation and the 'three digital' program.
Company: Ping An Bank Co Ltd
Sector: Financials
Country: China
Year: 2024
Type: AR2
Pages: 183
Ping An Bank Co Ltd
Annual Report
The report highlights Ping An Bank's performance in 2024, during which the bank focused on serving the real economy and advancing its strategic reform of strong retail banking, selective corporate banking, and specialized interbank business. Despite a 4.2% year-on-year decrease in net profit to RMB 44,508 million, total assets grew by 3.3% to RMB 5,769,270 million. The bank made significant progress in green finance, with its green loan balance increasing by 13.0% to RMB 157,762 million. Additionally, the bank invested RMB 5,070 million in IT capital expenditure to drive digital transformation and the 'three digital' program.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees