Financial Performance - As of the end of 2024, Bank of Tianjin's total assets reached RMB 926.99 billion, an increase of 10.1% compared to the previous year[9]. - The total liabilities amounted to RMB 856.58 billion, reflecting a growth of 10.4% year-on-year[9]. - The operating income for the year was RMB 16.71 billion, representing a year-on-year increase of 1.5%[9]. - The total profit reached RMB 4.20 billion, which is a 7.2% increase compared to the previous year[9]. - The net profit was RMB 3.83 billion, showing a year-on-year growth of 1.6%[9]. - Interest income for 2024 was RMB 30,985,203 thousand, a decrease of 0.7% compared to RMB 31,212,336 thousand in 2023[42]. - Net interest income decreased by 0.9% to RMB 11,314,309 thousand from RMB 11,420,370 thousand in 2023[42]. - Investment income fell by 11.1% to RMB 2,601,463 thousand compared to 2,926,224 thousand in 2023[42]. - Pre-tax profit rose by 7.2% to RMB 4,202,919 thousand from RMB 3,920,121 thousand in 2023[44]. - Net profit attributable to equity holders increased by 1.1% to RMB 3,801,630 thousand from RMB 3,759,899 thousand in 2023[44]. - Basic and diluted earnings per share for 2024 was RMB 0.63, up 1.6% from RMB 0.62 in 2023[44]. - The bank's total operating income for 2024 was RMB 16.71 billion, a 1.5% increase from RMB 16.46 billion in 2023[194]. Asset and Liability Management - Total assets increased by 10.1% to RMB 925,993,655,000 compared to RMB 840,771,460,000 in 2023[45]. - Total liabilities grew by 10.4% to RMB 856,583,512,000, up from RMB 775,741,804,000 in 2023[45]. - Customer loans and advances rose by 11.3% to RMB 440,779,383,000 from RMB 396,009,202,000 in 2023[45]. - Customer deposits increased by 11.2% to RMB 500,957,014,000 compared to RMB 450,686,381,000 in 2023[45]. - The liquidity ratio improved significantly to 60.54%, up from 50.03% in 2023[48]. - The bank's total equity reached RMB 69.41 billion, an increase of RMB 4.38 billion or 6.7% compared to the previous year, primarily due to an increase in undistributed profits[162]. Loan and Deposit Growth - Corporate loan balance increased by 21.9% to RMB 333.991 billion[68]. - Retail business saw a 19.2% growth in personal deposits compared to the beginning of the year[69]. - The balance of loans for technology innovation enterprises reached RMB 16.051 billion, an increase of 21.64% compared to the end of the previous year[71]. - The balance of green loans was RMB 34.406 billion, growing by 41.30% year-on-year, while green financing leasing reached RMB 3.819 billion, up 89.06%[71]. - The total amount of customer loans and advances reached RMB 453,655.5 million, reflecting an 11.3% increase from RMB 407,450.5 million in the previous year[166]. Risk Management and Asset Quality - Non-performing loan ratio remained stable at 1.70%, unchanged from 2023[47]. - The bank's risk management system was enhanced, focusing on asset lifecycle management and credit risk management, improving overall asset quality[59]. - The non-performing loan ratio at the end of 2024 was 1.68%, up from 1.67% at the end of 2023, with non-performing loans amounting to RMB 12.88 billion, reflecting a 12.5% increase[191]. - The bank's loan impairment loss provision at the end of the reporting period was RMB 12.88 billion, an increase of RMB 1.43 billion or 12.5% compared to the end of the previous year, due to increased provisioning efforts[190]. Awards and Recognition - Bank of Tianjin ranked 186th in the 2024 Global Bank Rankings by The Banker, improving by 5 positions from the previous year[8]. - The bank was recognized as the top in total deposits in Tianjin and ranked fourth in loan balances within the region[8]. - The bank has received 134 external honors, including awards for financial technology development and best mobile banking operations[8]. - The bank was awarded the "Best Supply Chain Financial Technology Innovation Bank" at the 2024 Future Transaction Banking International Summit[30]. - Tianjin Bank's wealth management product "Hongding Wealth - 15-Month Open Net Value Type 2" won the "Golden Bull Award" for bank wealth management products in 2024[30]. Strategic Initiatives - Bank of Tianjin actively promotes strategies for development, focusing on enhancing core competitiveness and expanding service capabilities[8]. - The bank signed a strategic cooperation agreement with 11 state-owned enterprises in Tianjin on April 10[19]. - The bank established the "Tianjin Bank Postdoctoral Innovation and Entrepreneurship Fund" on December 24[26]. - The bank's strategic cooperation with iFLYTEK was signed on November 13, enhancing its technological capabilities[22]. - The bank aims to strengthen its development resources and expand its service ecosystem in response to market trends[15]. Digital Transformation and Innovation - The bank achieved a significant increase in digital financial services, with over 11 million daily transactions in the "Tianjin Bank Collection" service[58]. - The corporate online banking customer base increased by 13.70% compared to the end of the previous year[200]. - The transaction amount for the year saw a year-on-year increase of 40.53%[200]. - The corporate mobile banking platform was awarded the "2024 Digital Finance Gold List - Best Operating Award for Corporate Mobile Banking"[200]. - The bank is actively developing value-added services for small and medium-sized enterprises, focusing on integrated financial and non-financial needs[200].
天津银行(01578) - 2024 - 年度业绩