Financial Performance - As of the end of 2023, Bank of Tianjin's total assets reached RMB 840.77 billion, an increase of 10.5% compared to the previous year[8]. - The total liabilities amounted to RMB 775.74 billion, reflecting a growth of 10.7% year-on-year[8]. - The bank achieved an operating income of RMB 16.46 billion, representing a year-on-year increase of 4.4%[8]. - The total profit reached RMB 3.92 billion, which is a 2.9% increase compared to the previous year[8]. - The net profit for the year was RMB 3.77 billion, marking a growth of 5.7% year-on-year[8]. - Interest income for 2023 reached RMB 31,212,336 thousand, a 2.7% increase from RMB 30,385,697 thousand in 2022[27]. - Net interest income slightly decreased by 0.5% to RMB 11,420,370 thousand from RMB 11,472,978 thousand in 2022[27]. - Investment income surged by 84.6% to RMB 2,926,224 thousand compared to RMB 1,585,354 thousand in 2022[27]. - Pre-tax profit increased by 2.9% to RMB 3,920,121 thousand from RMB 3,809,559 thousand in 2022[28]. - Net profit attributable to equity holders rose by 5.5% to RMB 3,759,899 thousand from RMB 3,564,965 thousand in 2022[28]. - Total operating income for the year was RMB 16.46 billion, reflecting a growth of 4.4% compared to RMB 15.76 billion in 2022[50]. Asset and Loan Growth - Customer loans and advances increased by 17.4% to RMB 396,009,202 thousand from RMB 337,397,157 thousand in 2022[30]. - Loan balance amounted to RMB 396.01 billion, growing by 17.4% year-on-year[36]. - Total deposits reached RMB 450.69 billion, an increase of 13.3% year-on-year[37]. - Loans to technology enterprises increased by 14.97%, with green loan balance growing by 51.25% to RMB 24.35 billion[37]. - The total customer loans and advances amounted to RMB 407.45 billion, representing 48.5% of total assets, with a year-on-year growth of 17.3%[93]. - Corporate loans reached RMB 274.02 billion, up RMB 89.02 billion or 48.1% year-on-year, driven by increased lending to key sectors of the real economy[94]. - The company's working capital loans increased by RMB 36.28 billion or 41.0% to RMB 124.75 billion, meeting financing needs for production activities[98]. Non-Performing Loans and Risk Management - Non-performing loan ratio improved to 1.70% from 1.84% in 2022[31]. - The total non-performing loans (NPLs) amounted to RMB 68.16 billion, with a ratio of 1.67% as of December 31, 2023, compared to 1.81% the previous year, showing a decrease of 0.14%[148]. - The provision for loan impairment losses increased by RMB 1.41 billion, or 14.1%, totaling RMB 11.44 billion as of December 31, 2023[159]. - The bank faces major risks including credit risk, operational risk, market risk, liquidity risk, and information technology risk, and has strengthened its comprehensive risk management during the reporting period[198]. - Credit risk is primarily associated with corporate loans, personal loans, and funding operations, with a robust credit risk management system established to ensure independent credit approval processes[199]. Capital and Equity - The registered capital of the bank is RMB 6.071 billion, with a shareholding structure comprising 65.47% domestic legal person shares, 5.46% domestic individual shares, and 29.07% H shares[8]. - Total equity for shareholders reached RMB 65.03 billion, an increase of RMB 4.41 billion or 7.3% year-over-year, driven mainly by an increase in undistributed profits[128]. - The capital adequacy ratio stood at 12.64%, indicating enhanced risk resistance capability[39]. - The bank's leverage ratio improved to 7.86%, up by 0.52 percentage points compared to the previous year[196]. Awards and Recognition - Tianjin Bank ranked 191st in the 2023 "Global 1000 Banks" list by The Banker magazine[21]. - The bank won a gold award for "Non-English ESG Report" and a silver award for "ESG Report Cover Design" at the 37th International ARC Annual Report Competition[21]. - Tianjin Bank was awarded the Financial Technology Development Award for 2022 by the People's Bank of China[21]. - The bank received the 14th Financial Technology Innovation Award from the Financial Electronic Magazine[21]. - The company was awarded the "Outstanding Asset Management City Commercial Bank Award" and "Excellent Cash Management Bank Wealth Management Product" by Puyin Standard, highlighting its strong performance in asset management[185]. Digital and Technological Initiatives - The bank launched several specialized financial products, including "Smart Specialized Loan" and "Smart Science and Technology Enterprise Loan"[39]. - The launch of the "Smart Little Assistant" financial service platform supports the development of individual businesses in the Beijing-Tianjin-Hebei region[24]. - The bank's mobile banking platform was highlighted for its innovative features, enhancing user experience[26]. - The "Smart Merchant Pass" platform served nearly 1 million merchants, covering ten major industries and facilitating an average of 5.8 million user transactions daily[170]. - The company is committed to enhancing its digital management capabilities and expanding its green finance product offerings[167]. Market Position and Strategy - The bank operates a total of 218 business institutions across the country, including 1 operating department, 7 first-level branches, 6 second-level branches, and 6 central sub-branches[8]. - Bank of Tianjin has established agency relationships with nearly 850 domestic and foreign banks and their branches in over 80 countries and regions[8]. - The bank's strategic positioning includes expanding its operations beyond Tianjin, with branches established in major cities such as Beijing, Shanghai, and Shandong[8]. - The bank aims to expand its market presence through strategic partnerships and cultural initiatives[26].
天津银行(01578) - 2023 - 年度业绩