2016 Performance of listed banks · China Minsheng Bank, Shanghai Pudong Development Bank, China...

2016 Performance of listed banks

May 2017

2016 Performance of Listed Banks (“this publication”) is a KPMG publication that covers the performance indicators of China’s banking industry. It represents the business performance of all 37 China banks listed in the A-share and H-share stock markets in 2016, with the aim of updating readers about changes in China’s banking sector over the past year and analysing its future development trends. We hope this publication will help you better understand the current status of China’s banking sector. For further information, please feel free to contact us.

© 2017 KPMG Huazhen LLP, a People’s Republic of China partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

In 2016, China’s gross domestic product (GDP) grew by 6.7%. The PRC economy registered a slower but stable performance, with good momentum for growth. The economy operated within an appropriate range, with improved quality and efficiency. Under the ‘new normal’, the speed of change of China’s economy has increased, while structural optimisation and the transformation of driving forces have been enhanced.

China’s monetary policy remained prudent and cautious, which created a favourable monetary and financial environment for the reform of the supply front. By the end of 2016, the balance of broad money (M2) increased by 11.3% year-on-year (YoY), with the growth rate decreasing by 2.0 percentage points (pp) YoY. The outstanding loans of the whole country rose by 12.8% YoY, with the growth rate decreasing by 0.6 pp YoY, while the deposit balances of the whole country experienced an increase of 11.3% YoY, with the growth rate decreasing by 1.1 pp YoY.

The liquidity of the banking system is reasonable and maintained a steady and rapid growth trend of monetary credit and social financing, while the interest rate remained at a low level throughout the entire year.

Business scale expansion continued

According to statistics published by the China Banking Regulatory Commission (CBRC), by the end of 2016, the total assets of China commercial banks reached RMB 175.9 trillion. The impact of the Macro-Prudential Assessment (MPA) implemented by the People’s Bank of China (PBOC) was not fully revealed in 2016, so the asset scale of China commercial banks maintained stable growth of 16.6% YoY, with the growth rate increasing by 1.0 pp YoY.

The average growth rate of total assets among the 37 listed banks covered in this publication was 13.90% as at the end of 2016. The average growth rate of the state-owned commercial banks, joint-equity commercial banks and other banks were 10.81%, 18.16% and 19.58% respectively.

With respect to the asset structure, the proportion of total loans and advances to total assets of commercial banks was 40.15% as at the end of 2016, decreasing by 1.28 pp YoY. Correspondingly, the proportion of investment assets to total assets further increased to some extent. Overall, the balance sheets of commercial banks maintained a steady trend of expansion.

Profit growth accelerated at a steady pace

According to statistics published by the CBRC, the average profit growth rate and net interest margin of China commercial banks were 3.5% and 2.22% respectively in 2016, representing an increase of 1.1 pp and a decrease of 0.32 pp YoY respectively. For the 37 listed banks covered in this publication, the average profit growth rate was 3.65%, with an increase of 0.80 pp YoY. The average profit growth rate of state-owned commercial banks was 1.46%, an increase of 0.77 pp YoY. For joint-equity commercial banks, the average profit growth rate was 4.66%, an increase of 0.03 pp YoY. The average profit growth rate of other banks was 13.71%, an increase of 0.73 pp YoY. Average net interest margin for the 37 listed banks covered in this publication declined by 0.30 pp YoY, and was 2.27% for 2016. With the deepening of interest rate liberalisation in the China banking sector and the guidance of the prudent and cautious monetary policy, the listed banks made proactive efforts to adjust their business structures, which allowed them to maintain stable profitability and steady and sustainable profit growth.

Sources: 2016 and 2015 annual reports of listed banks and information extracted from relevant banks’ prospectuses; KPMG China researchNote 1: Total assets and net profit include the aggregate data of banks for each category.Note 2: Growth rates are the average data of banks for each category.Note 3: State-owned commercial banks include Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank

of China and Bank of Communications. Joint-equity commercial banks include Industrial Bank, China Merchants Bank, China CITIC Bank, China Minsheng Bank, Shanghai Pudong Development Bank, China Everbright Bank, Ping An Bank, Hua Xia Bank and China Zheshang Bank. Other banks include Postal Savings Bank of China, Bank of Beijing, Bank of Shanghai, Bank of Jiangsu, Bank of Nanjing, Shengjing Bank, Bank of Ningbo, Chongqing Rural Commercial Bank, Huishang Bank, Bank of Hangzhou, Bank of Tianjin, Bank of Jinzhou, Harbin Bank, Bank of Chongqing, Bank of Guiyang, Bank of Zhengzhou, Bank of Qingdao, Jiutai Rural Commercial Bank, Changshu Rural Commercial Bank, Wuxi Rural Commercial Bank, Jiangyin Rural Commercial Bank, Rural Commercial Bank of Zhangjiagang and Wujiang Rural Commercial Bank. Hereafter, these categories will include the banks stated above.

Overview

912,231

227,150

823,216

341,883

189,954

3,259

9,336 9,473 13.71%

12.99%

1,425

3,4389.99%

10.81%

18.16%

19.58%18.16%

22.01%

1,6214.63%

4.66%

1.46%

Total asset scale and growth rate of 37 listed banks Net profit and growth rate of 37 listed banks

20162015 20162015 20162015 20162015

Overdue loan ratio of 37 listed banks

1.00% 1.03%

1.26%

1.68% 1.70%

0.68%

0.83%

1.10%

1.50%

1.68%

0.79%0.86% 1.04%

1.24%

1.37%

0.97%1.13%

1.87%

2.68%2.63%

1.23% 1.26%1.85%

2.52% 2.36%

1.20%

1.65%

2.72%3.30% 2.99%

NPL ratio of 37 listed banks

2012 2013 2014 2015 2016 2012 2013 2014 2015 2016

403,970

0.69%State-owned

commercial banksJoint-equity

commercial banksOther banks State-owned


commercial banksOther banks

(in RMB 100 million) (in RMB 100 million)

State-owned commercial banks

Joint-equity commercial banks

Other banks State-owned commercial banks


Other banks



Sources: 2016 and 2015 annual reports of listed banks and information extracted from relevant banks’ prospectuses; KPMG China research

Tightening in capital adequacy

According to statistics published by the CBRC, by the end of 2016, the average core tier I capital adequacy ratio, tier I capital adequacy ratio and capital adequacy ratio of China commercial banks were 10.75%, 11.25% and 13.28% respectively, representing a decrease of 0.16 pp, 0.06 pp and 0.17 pp respectively YoY. By the end of 2016, the core tier I capital adequacy ratio, tier I capital adequacy ratio and capital adequacy ratio for the 37 listed banks covered in this publication were 9.98%, 10.38% and 12.62% respectively, representing a decrease of 0.32 pp, 0.14 pp and 0.06 pp respectively YoY, which indicated the capital pressure brought by business development. Commercial banks were required to replenish their capital reserve through various means including the issuance of preferred stocks, convertible bonds and subordinated debt instruments.

Credit risk exposure slowed down

According to statistics published by the CBRC, at the end of 2016, the average non-performing loan (NPL) ratio of China commercial banks was 1.74%, representing an increase of 0.07 pp YoY, with the growth rate decreasing by 0.35 pp YoY. The average NPL ratio of the 37 listed banks covered in this publication increased by 0.13 pp YoY to 1.49%, with its growth rate decreasing by 0.15 pp YoY. The average NPL ratio of state-owned commercial banks increased by 0.02 pp YoY to 1.70%, while the growth rate decreased by 0.40 pp YoY. The average NPL ratio of joint-equity commercial banks increased by 0.18 pp YoY to 1.68%, with the growth rate

decreasing by 0.22 pp YoY. The average NPL ratio of other banks increased by 0.13 pp YoY to 1.37%, while the growth rate decreased by 0.07 pp YoY. The rate of increase in NPLs slowed down, while the NPL ratio remained stable.

At the same time, the overdue loan ratio for China commercial banks also remained stable. Among the 37 listed banks covered in this publication, the average overdue ratio was 2.68% by the end of 2016, representing a decrease of 0.13 pp YoY.

However, the ratio of loans overdue for more than 90 days to NPLs of China commercial banks remained high. The average ratio of the 37 listed banks covered in this publication was 117.85% (over 100%) by the end of 2016, which indicated China’s commercial banks were still facing challenges in mitigating credit risk.

In respect of the loan provisioning, according to statistics published by the CBRC, the average loan provision ratio of China commercial banks increased from 3.03% to 3.08% during 2016. The average loan provision ratio of the 37 listed banks covered in this publication reached 3.04% by the end of 2016, an increase of 0.13 pp YoY. At the same time, due to the overall increase in the loan provision coverage ratio as a result of the increase in the balance of NPLs, the average provision coverage ratio decreased by 4.78 pp to 176.40%. The average provision coverage ratio of the 37 listed banks covered in this publication was 216.87% by the end of 2016, representing a decrease of 11.75 pp YoY.

Overview (continued)

912,231

227,150

823,216

341,883

189,954

3,259

9,336 9,473 13.71%

12.99%

1,425

3,4389.99%

10.81%

18.16%

19.58%18.16%

22.01%

1,6214.63%

4.66%

1.46%

Total asset scale and growth rate of 37 listed banks Net profit and growth rate of 37 listed banks

20162015 20162015 20162015 20162015

Overdue loan ratio of 37 listed banks

1.00% 1.03%

1.26%

1.68% 1.70%

0.68%

0.83%

1.10%

1.50%

1.68%

0.79%0.86% 1.04%

1.24%

1.37%

0.97%1.13%

1.87%

2.68%2.63%

1.23% 1.26%1.85%

2.52% 2.36%

1.20%

1.65%

2.72%3.30% 2.99%

NPL ratio of 37 listed banks

2012 2013 2014 2015 2016 2012 2013 2014 2015 2016

403,970

0.69%State-owned


commercial banksOther banks State-owned


commercial banksOther banks

(in RMB 100 million) (in RMB 100 million)



Other banks State-owned commercial banks


Other banks

2 2016 Performance of listed banks


Business scale indicator

Rank Net profit 2016(RMB 100

million)

2015(RMB 100

million)

Changes


1 Industrial and Commercial Bank of China

241,373 222,098

2 China Construction Bank 209,637 183,495

3 Agricultural Bank of China 195,701 177,914

4 Bank of China 181,489 168,156

5 Bank of Communications 84,032 71,554


6 Industrial Bank 60,859 52,989

7 China Merchants Bank 59,423 54,750

8 China CITIC Bank 59,311 51,223

9 China Minsheng Bank 58,959 45,207

10 Shanghai Pudong Development Bank 58,573 50,444

11 China Everbright Bank 40,200 31,677

12 Ping An Bank 29,534 25,071

13 Hua Xia Bank 23,562 20,206

14 China Zheshang Bank 13,549 10,317

Other banks

15 Postal Savings Bank of China 82,656 72,964

16 Bank of Beijing 21,163 18,449

17 Bank of Shanghai 17,554 14,491

18 Bank of Jiangsu 15,983 12,903

19 Bank of Nanjing 10,639 8,050

20 Shengjing Bank 9,055 7,016

21 Bank of Ningbo 8,850 7,165

22 Chongqing Rural Commercial Bank 8,032 7,168

23 Huishang Bank 7,548 6,361

24 Bank of Hangzhou 7,204 5,453

25 Bank of Tianjin 6,573 5,657

26 Bank of Jinzhou 5,391 3,617

27 Harbin Bank 5,390 4,449

28 Bank of Chongqing 3,731 3,198

29 Bank of Guiyang 3,723 2,382

30 Bank of Zhengzhou 3,661 2,656

31 Bank of Qingdao 2,780 1,872

32 Jiutai Rural Commercial Bank 1,915 1,420

33 Changshu Rural Commercial Bank 1,300 1,085

34 Wuxi Rural Commercial Bank 1,246 1,155

35 Jiangyin Rural Commercial Bank 1,041 905

36 Rural Commercial Bank of Zhangjiagang

902 824

37 Wujiang Rural Commercial Bank 813 715

Arithmetic average of state-owned commercial banks 182,446 164,643

Arithmetic average of joint-equity commercial banks 44,886 37,987

Arithmetic average of other banks 9,876 8,259

Rank Net profit 2016(RMB 100

million)

2015(RMB 100

million)

Changes



2,791 2,777

2 China Construction Bank 2,324 2,289

3 Agricultural Bank of China 1,841 1,808

4 Bank of China 1,841 1,794

5 Bank of Communications 677 668


6 China Merchants Bank 624 580

7 Industrial Bank 543 507

8 Shanghai Pudong Development Bank 537 510

9 China Minsheng Bank 488 470

10 China CITIC Bank 418 417

11 China Everbright Bank 304 296

12 Ping An Bank 226 219

13 Hua Xia Bank 198 190

14 China Zheshang Bank 102 71

Other banks

15 Postal Savings Bank of China 398 349

16 Bank of Beijing 179 169

17 Bank of Shanghai 143 130

18 Bank of Jiangsu 106 95

19 Bank of Nanjing 83 71

20 Bank of Jinzhou 82 49

21 Chongqing Rural Commercial Bank 80 72

22 Bank of Ningbo 78 66

23 Huishang Bank 70 62

24 Shengjing Bank 69 62

25 Harbin Bank 50 45

26 Bank of Tianjin 45 49

27 Bank of Zhengzhou 40 34

28 Bank of Hangzhou 40 37

29 Bank of Guiyang 37 32

30 Bank of Chongqing 35 32

31 Jiutai Rural Commercial Bank 23 14

32 Bank of Qingdao 21 18

33 Changshu Rural Commercial Bank 11 10

34 Wuxi Rural Commercial Bank 9 8

35 Jiangyin Rural Commercial Bank 8 8

36 Rural Commercial Bank of Zhangji-agang

7 7

37 Wujiang Rural Commercial Bank 7 6

Arithmetic average of state-owned commercial banks 1,895 1,867

Arithmetic average of joint-equity commercial banks 382 362

Arithmetic average of other banks 70 62

1




Business scale indicator

Rank Total assets YoY% 2016%

2015%

Changes


1 Bank of Communications 17.44% 5.16%

2 China Construction Bank 14.25% 9.70%

3 Agricultural Bank of China 10.00% 9.93%


8.68% 8.99%

5 Bank of China 7.93% 8.95%


6 China Zheshang Bank 31.33% 53.99%

7 China Minsheng Bank 30.42% 12.59%

8 China Everbright Bank 26.91% 15.74%

9 Ping An Bank 17.80% 14.67%

10 Hua Xia Bank 16.61% 9.13%

11 Shanghai Pudong Development Bank 16.12% 20.22%

12 China CITIC Bank 15.79% 23.76%

13 Industrial Bank 14.85% 20.25%

14 China Merchants Bank 8.54% 15.71%

Other banks

15 Bank of Guiyang 56.28% 52.59%

16 Bank of Jinzhou 49.05% 44.26%

17 Bank of Qingdao 48.47% 19.89%

18 Bank of Zhengzhou 37.84% 30.02%

19 Jiutai Rural Commercial Bank 34.88% 73.42%

20 Bank of Nanjing 32.16% 40.46%

21 Bank of Hangzhou 32.11% 30.29%

22 Shengjing Bank 29.05% 39.39%

23 Bank of Jiangsu 23.87% 24.27%

24 Bank of Ningbo 23.53% 29.30%

25 Harbin Bank 21.17% 29.45%

26 Bank of Shanghai 21.13% 22.04%

27 Changshu Rural Commercial Bank 19.79% 6.72%

28 Huishang Bank 18.65% 31.77%

29 Bank of Chongqing 16.66% 16.49%

30 Bank of Tianjin 16.20% 18.13%

31 Jiangyin Rural Commercial Bank 15.04% 8.25%

32 Bank of Beijing 14.71% 21.02%

33 Wujiang Rural Commercial Bank 13.85% 15.35%

34 Postal Savings Bank of China 13.28% 15.85%

35 Chongqing Rural Commercial Bank 12.05% 15.82%


9.50% 14.43%

37 Wuxi Rural Commercial Bank 7.92% 10.56%

Arithmetic average of state-owned commercial banks 11.66% 10.63%

Arithmetic average of joint-equity commercial banks 19.82% 20.67%

Arithmetic average of other banks 24.66% 26.51%

Rank Net profit YoY% 2016%

2015%

Changes







0.50% 0.52%






10 Hua Xia Bank 4.24% 5.15%


12 Ping An Bank 3.36% 10.42%



Other banks

15 Bank of Jinzhou 67.06% 131.17%



18 Bank of Ningbo 19.12% 16.56%










28 Harbin Bank 10.02% 17.42%


30 Wuxi Rural Commercial Bank 7.88% -10.76%

31 Wujiang Rural Commercial Bank 7.75% -21.26%


33 Changshu Rural Commercial Bank 7.34% -1.79%



2.16% -5.57%

36 Jiangyin Rural Commercial Bank -5.83% -4.28%

37 Bank of Tianjin -8.40% 11.37%




Growth indicator2




Operating effectiveness indicator3


Rank Return on equity (ROE) 2016%

2015%

Changes




15.24% 17.10%


4 Bank of China 12.58% 14.53%







10 Hua Xia Bank 15.75% 17.18%



13 Ping An Bank 13.18% 14.94%


Other banks





19 Bank of Ningbo 17.74% 17.68%









28 Harbin Bank 14.01% 14.23%









9.68% 9.92%





Rank Return on assets (ROA) 2016%

2015%

Changes



1.20% 1.30%










10 Hua Xia Bank 0.90% 0.98%



13 Ping An Bank 0.83% 0.93%


Other banks







21 Harbin Bank 1.01% 1.14%


23 Bank of Ningbo 0.98% 1.03%







0.81% 0.88%







36 Changshu Rural Commercial Bank not disclosed 0.93%

37 Wujiang Rural Commercial Bank not disclosed not disclosed







Rank Net interest margin (NIM)

2016%

2015%

Changes





2.16% 2.47%




6 Ping An Bank 2.75% 2.81%


8 Hua Xia Bank 2.42% 2.56%







Other banks


16 Changshu Rural Commercial Bank 3.22% 3.04%17 Bank of Guiyang 2.88% 3.62%




21 Harbin Bank 2.65% 2.68%





2.24% 2.80%











36 Bank of Beijing not disclosed not disclosed

37 Wujiang Rural Commercial Bank not disclosed not disclosed




Rank Cost-to-income ratio 2016%

2015%

Changes




25.91% 25.49%

3 Bank of China 28.08% 28.30%






8 Ping An Bank 25.97% 31.31%






14 Hua Xia Bank 34.50% 34.78%

Other banks











25 Harbin Bank 28.60% 31.75%





30 Bank of Ningbo 34.26% 34.03%





37.25% 35.20%









Rank Non-performing loan (NPL) ratio

2016%

2015%

Changes






1.62% 1.50%






9 Hua Xia Bank 1.67% 1.52%



12 Ping An Bank 1.74% 1.45%



Other banks


















32 Harbin Bank 1.53% 1.40%





1.96% 1.96%





Rank Overdue loan ratio 2016%

2015%

Changes






2.65% 2.79%










13 Ping An Bank 4.11% 4.72%

14 Hua Xia Bank 4.72% 3.96%

Other banks









2.19% 3.38%









31 Harbin Bank 3.61% 3.47%










Asset quality indicator4




Rank Provision coverage ratio

2016%

2015%

Changes



2 Bank of China 162.82% 153.30%




136.69% 156.34%






10 Hua Xia Bank 158.73% 167.12%



13 Ping An Bank 155.37% 165.86%


Other banks

15 Bank of Nanjing 457.32% 430.95%


17 Bank of Ningbo 351.42% 308.67%

18 Bank of Jinzhou 336.30% 369.13%



21 Huishang Bank 270.77% 250.49%

22 Bank of Beijing 256.06% 278.39%



25 Bank of Guiyang 235.19% 239.98%




29 Bank of Qingdao 194.01% 236.13%

30 Bank of Tianjin 193.56% 202.84%



33 Bank of Jiangsu 180.56% 192.07%


180.36% 172.02%


36 Harbin Bank 166.77% 173.83%

37 Shengjing Bank 159.17% 482.38%




Rank Loan provision ratio 2016%

2015%

Changes







2.22% 2.35%






10 Ping An Bank 2.71% 2.41%

11 Hua Xia Bank 2.65% 2.55%




Other banks






3.54% 3.38%

















36 Harbin Bank 2.55% 2.43%








Rank Core tier I capital adequacy ratio

2016%

2015%

Changes




12.87% 12.87%

3 Bank of China 11.37% 11.10%










12 Hua Xia Bank 8.43% 8.89%

13 Ping An Bank 8.36% 9.03%


Other banks




12.26% 13.92%












29 Harbin Bank 9.34% 11.14%












Rank Capital adequacy ratio

2016%

2015%

Changes




14.61% 15.22%

3 Bank of China 14.28% 14.06%










12 Ping An Bank 11.53% 10.94%

13 Hua Xia Bank 11.36% 10.85%


Other banks







13.42% 15.07%






26 Bank of Ningbo 12.25% 13.29%




30 Harbin Bank 11.97% 11.64%











Capital adequacy indicator 5




2016 annual financial summary of listed banks

Major operating indicators1Items/Banks Net profit Weighted average return

on equity (ROE)Average return on assets

(ROA)Net interest spread (NIS) Net interest margin

(NIM)Cost-to-income ratio Capital adequacy ratio Core tier I capital

adequacy ratioEarnings per

share*Net assets per share*

RMB million, % 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 279,106 277,720 15.24% 17.10% 1.20% 1.30% 2.02% 2.30% 2.16% 2.47% 25.91% 25.49% 14.61% 15.22% 12.87% 12.87% 0.77 0.77 5.29 4.80

China Construction Bank 232,389 228,886 15.44% 17.27% 1.18% 1.30% 2.06% 2.46% 2.20% 2.63% 25.26% 26.98% 14.94% 15.39% 12.98% 13.13% 0.92 0.91 6.28 5.78

Agricultural Bank of China 184,060 180,774 15.14% 16.79% 0.99% 1.07% 2.10% 2.49% 2.25% 2.66% 34.59% 33.28% 13.04% 13.40% 10.38% 10.24% 0.55 0.55 3.81 3.48

Bank of China 184,051 179,417 12.58% 14.53% 1.05% 1.12% notdisclosed notdisclosed 1.83% 2.12% 28.08% 28.30% 14.28% 14.06% 11.37% 11.10% 0.54 0.56 4.46 4.09

Bank of Communications 67,651 66,831 12.22% 13.46% 0.87% 1.00% 1.75% 2.06% 1.88% 2.22% 31.60% 30.36% 14.02% 13.49% 11.00% 11.14% 0.89 0.90 7.67 7.00


China Merchants Bank 62,380 58,018 16.27% 17.09% 1.09% 1.13% 2.37% 2.61% 2.50% 2.75% 28.01% 27.67% 13.33% 12.57% 11.54% 10.83% 2.46 2.29 15.95 14.31

Industrial Bank 54,327 50,650 17.28% 18.89% 0.95% 1.04% 2.00% 2.26% 2.07% 2.45% 23.39% 21.59% 12.02% 11.19% 8.55% 8.43% 2.77 2.63 17.02 15.10

China CITIC Bank 41,786 41,740 12.58% 14.55% 0.76% 0.90% 1.89% 2.13% 2.00% 2.31% 27.56% 27.85% 11.98% 11.87% 8.64% 9.12% 0.85 0.88 7.75 6.49

Shanghai Pudong Development Bank 53,678 50,997 16.35% 18.82% 0.98% 1.10% 1.89% 2.26% 2.03% 2.45% 23.16% 21.86% 11.65% 12.29% 8.53% 8.56% 2.40 2.42 15.64 13.90

China Minsheng Bank 48,778 47,022 15.13% 16.98% 0.94% 1.10% 1.74% 2.10% 1.86% 2.26% 30.98% 31.22% 11.73% 11.49% 8.95% 9.17% 1.31 1.30 9.12 8.26

China Everbright Bank 30,388 29,577 13.80% 15.50% 0.85% 1.00% 1.59% 2.01% 1.78% 2.25% 28.77% 26.91% 10.80% 11.87% 8.21% 9.24% 0.63 0.63 4.72 4.36

Ping An Bank 22,599 21,865 13.18% 14.94% 0.83% 0.93% 2.60% 2.62% 2.75% 2.81% 25.97% 31.31% 11.53% 10.94% 8.36% 9.03% 1.32 1.30 10.61 9.41

Hua Xia Bank 19,756 18,952 15.75% 17.18% 0.90% 0.98% 2.29% 2.40% 2.42% 2.56% 34.50% 34.78% 11.36% 10.85% 8.43% 8.89% 1.84 1.77 12.37 11.01

China Zheshang Bank 10,153 7,051 17.34% 17.03% 0.85% 0.83% 1.89% 2.12% 2.07% 2.31% 27.71% 27.66% 11.79% 11.04% 9.28% 9.35% 0.59 0.54 3.76 3.42

Other banks

Postal Savings Bank of China 39,776 34,857 12.88% 15.20% 0.51% 0.51% 2.34% 2.71% 2.24% 2.78% 66.44% 60.71% 11.13% 10.46% 8.63% 8.53% 0.55 0.61 4.28 3.94

Bank of Beijing 17,923 16,883 14.92% 16.26% 0.90% 1.00% not disclosed notdisclosed not disclosed notdisclosed 25.81% 24.99% 12.20% 12.27% 8.26% 8.76% 1.16 1.11 8.17 7.34

Bank of Shanghai 14,325 13,043 14.35% 15.67% 0.89% 0.99% 1.72% 1.82% 1.73% 2.02% 22.89% 22.99% 13.17% 12.65% 11.13% 10.32% 2.61 2.47 19.28 17.10

Bank of Jiangsu 10,637 9,505 14.47% 15.72% 0.74% 0.82% 1.56% 1.68% 1.70% 1.94% 29.21% 29.37% 11.51% 11.54% 9.01% 8.59% 0.98 0.91 7.16 6.27

Bank of Nanjing 8,346 7,066 16.25% 17.59% 0.88% 1.02% 2.01% 2.44% 2.16% 2.61% 24.80% 24.10% 13.71% 13.11% 8.21% 9.38% 1.33 1.23 10.22 8.59

Chongqing Rural Commercial Bank 8,001 7,228 15.99% 16.38% 1.05% 1.08% 2.57% 2.99% 2.74% 3.20% 35.95% 34.69% 12.70% 12.09% 9.85% 9.88% 0.85 0.78 5.66 5.03

Bank of Ningbo 7,823 6,567 17.74% 17.68% 0.98% 1.03% 1.95% 2.40% 1.95% 2.38% 34.26% 34.03% 12.25% 13.29% 8.55% 9.03% 1.95 1.68 11.66 10.30

Shengjing Bank 6,878 6,224 15.62% 15.99% 0.86% 1.03% 1.65% 2.00% 1.75% 2.14% 19.31% 19.04% 11.99% 13.03% 9.10% 9.42% 1.18 1.07 7.90 7.12

Huishang Bank 6,996 6,212 15.63% 15.89% 1.01% 1.11% 2.42% 2.52% 2.59% 2.71% 24.28% 23.90% 12.99% 13.25% 8.79% 9.80% 0.62 0.56 4.69 3.72

Bank of Tianjin 4,518 4,932 12.05% 15.88% 0.74% 0.94% 1.43% 1.74% 1.76% 2.08% 27.52% 22.49% 11.88% 12.23% 9.48% 9.33% 0.77 0.96 6.87 6.44

Bank of Hangzhou 3,987 3,705 10.43% 11.64% 0.64% 0.77% 1.83% 2.08% 1.98% 2.26% 30.23% 31.53% 11.88% 11.70% 9.95% 9.45% 1.68 1.64 14.73 13.51

Harbin Bank 4,962 4,510 14.01% 14.23% 1.01% 1.14% 2.47% 2.47% 2.65% 2.68% 28.60% 31.75% 11.97% 11.64% 9.34% 11.14% 0.44 0.41 3.32 3.01

Bank of Jinzhou 8,199 4,908 25.16% 23.75% 1.82% 1.60% 3.41% 3.29% 3.67% 3.51% 14.83% 18.80% 11.62% 10.50% 9.79% 8.96% 1.40 1.09 5.76 4.43

Bank of Chongqing 3,502 3,170 15.50% 17.00% 1.01% 1.07% 2.23% 2.29% 2.38% 2.52% 23.72% 30.69% 11.79% 11.63% 9.82% 10.49% 1.12 1.17 7.61 6.81

Bank of Zhengzhou 4,045 3,356 20.46% 22.99% 1.28% 1.43% 2.52% 2.95% 2.69% 3.12% 22.26% 23.27% 11.76% 12.20% 8.79% 10.09% 0.75 0.85 4.00 3.46

Bank of Guiyang 3,689 3,240 21.67% 26.37% 1.21% 1.64% 2.76% 3.45% 2.88% 3.62% 25.60% 26.43% 13.75% 13.54% 11.50% 10.68% 1.86 1.79 9.20 7.76

Bank of Qingdao 2,089 1,814 12.20% 13.74% 0.90% 1.06% 2.05% 2.23% 2.23% 2.36% 34.71% 35.80% 12.00% 15.04% 10.08% 12.48% 0.51 0.58 4.35 4.14

Wuxi Rural Commercial Bank 884 819 11.52% 12.30% 0.74% 0.76% 1.75% 1.75% 1.96% 2.00% 32.45% 32.30% 12.65% 13.59% 10.28% 10.69% 0.52 0.50 4.75 4.33

Changshu Rural Commercial Bank 1,055 983 11.91% 12.79% notdisclosed 0.93% 3.04% 2.83% 3.22% 3.04% 37.40% 34.97% 13.22% 12.51% 10.90% 11.31% 0.51 0.48 4.43 4.04

Jiangyin Rural Commercial Bank 767 815 9.92% 12.13% 0.79% 0.94% 2.07% 2.50% 2.34% 2.77% 35.96% 31.59% 14.18% 13.99% 13.08% 12.87% 0.48 0.52 4.95 4.64

Rural Commercial Bank of Zhangjiagang 696 681 9.68% 9.92% 0.81% 0.88% 2.04% 2.37% 2.24% 2.80% 37.25% 35.20% 13.42% 15.07% 12.26% 13.92% 0.42 0.41 4.50 4.32

Wujiang Rural Commercial Bank 659 612 9.48% 9.74% not disclosed not disclosed not disclosed not disclosed not disclosed not disclosed 34.03% 31.62% 14.18% 13.58% 13.03% 12.44% 0.64 0.60 6.98 6.55

Jiutai Rural Commercial Bank 2,316 1,402 18.11% 14.24% 1.39% 1.25% 2.53% 2.79% 2.67% 3.01% 41.61% 43.54% 13.79% 14.76% 10.35% 12.49% 0.57 0.41 3.07 2.78

*Units for earnings per share and net assets per share: RMB yuanSources: 2016 and 2015 annual reports of listed banks and information extracted from relevant banks’ prospectuses; KPMG China research



Items/Banks Net profit Weighted average return on equity (ROE)

Average return on assets (ROA)

Net interest spread (NIS) Net interest margin (NIM)

Cost-to-income ratio Capital adequacy ratio Core tier I capital adequacy ratio

Earnings per share*

Net assets per share*

RMB million, % 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 279,106 277,720 15.24% 17.10% 1.20% 1.30% 2.02% 2.30% 2.16% 2.47% 25.91% 25.49% 14.61% 15.22% 12.87% 12.87% 0.77 0.77 5.29 4.80

China Construction Bank 232,389 228,886 15.44% 17.27% 1.18% 1.30% 2.06% 2.46% 2.20% 2.63% 25.26% 26.98% 14.94% 15.39% 12.98% 13.13% 0.92 0.91 6.28 5.78

Agricultural Bank of China 184,060 180,774 15.14% 16.79% 0.99% 1.07% 2.10% 2.49% 2.25% 2.66% 34.59% 33.28% 13.04% 13.40% 10.38% 10.24% 0.55 0.55 3.81 3.48

Bank of China 184,051 179,417 12.58% 14.53% 1.05% 1.12% notdisclosed notdisclosed 1.83% 2.12% 28.08% 28.30% 14.28% 14.06% 11.37% 11.10% 0.54 0.56 4.46 4.09

Bank of Communications 67,651 66,831 12.22% 13.46% 0.87% 1.00% 1.75% 2.06% 1.88% 2.22% 31.60% 30.36% 14.02% 13.49% 11.00% 11.14% 0.89 0.90 7.67 7.00


China Merchants Bank 62,380 58,018 16.27% 17.09% 1.09% 1.13% 2.37% 2.61% 2.50% 2.75% 28.01% 27.67% 13.33% 12.57% 11.54% 10.83% 2.46 2.29 15.95 14.31

Industrial Bank 54,327 50,650 17.28% 18.89% 0.95% 1.04% 2.00% 2.26% 2.07% 2.45% 23.39% 21.59% 12.02% 11.19% 8.55% 8.43% 2.77 2.63 17.02 15.10

China CITIC Bank 41,786 41,740 12.58% 14.55% 0.76% 0.90% 1.89% 2.13% 2.00% 2.31% 27.56% 27.85% 11.98% 11.87% 8.64% 9.12% 0.85 0.88 7.75 6.49

Shanghai Pudong Development Bank 53,678 50,997 16.35% 18.82% 0.98% 1.10% 1.89% 2.26% 2.03% 2.45% 23.16% 21.86% 11.65% 12.29% 8.53% 8.56% 2.40 2.42 15.64 13.90

China Minsheng Bank 48,778 47,022 15.13% 16.98% 0.94% 1.10% 1.74% 2.10% 1.86% 2.26% 30.98% 31.22% 11.73% 11.49% 8.95% 9.17% 1.31 1.30 9.12 8.26

China Everbright Bank 30,388 29,577 13.80% 15.50% 0.85% 1.00% 1.59% 2.01% 1.78% 2.25% 28.77% 26.91% 10.80% 11.87% 8.21% 9.24% 0.63 0.63 4.72 4.36

Ping An Bank 22,599 21,865 13.18% 14.94% 0.83% 0.93% 2.60% 2.62% 2.75% 2.81% 25.97% 31.31% 11.53% 10.94% 8.36% 9.03% 1.32 1.30 10.61 9.41

Hua Xia Bank 19,756 18,952 15.75% 17.18% 0.90% 0.98% 2.29% 2.40% 2.42% 2.56% 34.50% 34.78% 11.36% 10.85% 8.43% 8.89% 1.84 1.77 12.37 11.01

China Zheshang Bank 10,153 7,051 17.34% 17.03% 0.85% 0.83% 1.89% 2.12% 2.07% 2.31% 27.71% 27.66% 11.79% 11.04% 9.28% 9.35% 0.59 0.54 3.76 3.42

Other banks

Postal Savings Bank of China 39,776 34,857 12.88% 15.20% 0.51% 0.51% 2.34% 2.71% 2.24% 2.78% 66.44% 60.71% 11.13% 10.46% 8.63% 8.53% 0.55 0.61 4.28 3.94

Bank of Beijing 17,923 16,883 14.92% 16.26% 0.90% 1.00% not disclosed notdisclosed not disclosed notdisclosed 25.81% 24.99% 12.20% 12.27% 8.26% 8.76% 1.16 1.11 8.17 7.34

Bank of Shanghai 14,325 13,043 14.35% 15.67% 0.89% 0.99% 1.72% 1.82% 1.73% 2.02% 22.89% 22.99% 13.17% 12.65% 11.13% 10.32% 2.61 2.47 19.28 17.10

Bank of Jiangsu 10,637 9,505 14.47% 15.72% 0.74% 0.82% 1.56% 1.68% 1.70% 1.94% 29.21% 29.37% 11.51% 11.54% 9.01% 8.59% 0.98 0.91 7.16 6.27

Bank of Nanjing 8,346 7,066 16.25% 17.59% 0.88% 1.02% 2.01% 2.44% 2.16% 2.61% 24.80% 24.10% 13.71% 13.11% 8.21% 9.38% 1.33 1.23 10.22 8.59

Chongqing Rural Commercial Bank 8,001 7,228 15.99% 16.38% 1.05% 1.08% 2.57% 2.99% 2.74% 3.20% 35.95% 34.69% 12.70% 12.09% 9.85% 9.88% 0.85 0.78 5.66 5.03

Bank of Ningbo 7,823 6,567 17.74% 17.68% 0.98% 1.03% 1.95% 2.40% 1.95% 2.38% 34.26% 34.03% 12.25% 13.29% 8.55% 9.03% 1.95 1.68 11.66 10.30

Shengjing Bank 6,878 6,224 15.62% 15.99% 0.86% 1.03% 1.65% 2.00% 1.75% 2.14% 19.31% 19.04% 11.99% 13.03% 9.10% 9.42% 1.18 1.07 7.90 7.12

Huishang Bank 6,996 6,212 15.63% 15.89% 1.01% 1.11% 2.42% 2.52% 2.59% 2.71% 24.28% 23.90% 12.99% 13.25% 8.79% 9.80% 0.62 0.56 4.69 3.72

Bank of Tianjin 4,518 4,932 12.05% 15.88% 0.74% 0.94% 1.43% 1.74% 1.76% 2.08% 27.52% 22.49% 11.88% 12.23% 9.48% 9.33% 0.77 0.96 6.87 6.44

Bank of Hangzhou 3,987 3,705 10.43% 11.64% 0.64% 0.77% 1.83% 2.08% 1.98% 2.26% 30.23% 31.53% 11.88% 11.70% 9.95% 9.45% 1.68 1.64 14.73 13.51

Harbin Bank 4,962 4,510 14.01% 14.23% 1.01% 1.14% 2.47% 2.47% 2.65% 2.68% 28.60% 31.75% 11.97% 11.64% 9.34% 11.14% 0.44 0.41 3.32 3.01

Bank of Jinzhou 8,199 4,908 25.16% 23.75% 1.82% 1.60% 3.41% 3.29% 3.67% 3.51% 14.83% 18.80% 11.62% 10.50% 9.79% 8.96% 1.40 1.09 5.76 4.43

Bank of Chongqing 3,502 3,170 15.50% 17.00% 1.01% 1.07% 2.23% 2.29% 2.38% 2.52% 23.72% 30.69% 11.79% 11.63% 9.82% 10.49% 1.12 1.17 7.61 6.81

Bank of Zhengzhou 4,045 3,356 20.46% 22.99% 1.28% 1.43% 2.52% 2.95% 2.69% 3.12% 22.26% 23.27% 11.76% 12.20% 8.79% 10.09% 0.75 0.85 4.00 3.46

Bank of Guiyang 3,689 3,240 21.67% 26.37% 1.21% 1.64% 2.76% 3.45% 2.88% 3.62% 25.60% 26.43% 13.75% 13.54% 11.50% 10.68% 1.86 1.79 9.20 7.76

Bank of Qingdao 2,089 1,814 12.20% 13.74% 0.90% 1.06% 2.05% 2.23% 2.23% 2.36% 34.71% 35.80% 12.00% 15.04% 10.08% 12.48% 0.51 0.58 4.35 4.14

Wuxi Rural Commercial Bank 884 819 11.52% 12.30% 0.74% 0.76% 1.75% 1.75% 1.96% 2.00% 32.45% 32.30% 12.65% 13.59% 10.28% 10.69% 0.52 0.50 4.75 4.33

Changshu Rural Commercial Bank 1,055 983 11.91% 12.79% notdisclosed 0.93% 3.04% 2.83% 3.22% 3.04% 37.40% 34.97% 13.22% 12.51% 10.90% 11.31% 0.51 0.48 4.43 4.04

Jiangyin Rural Commercial Bank 767 815 9.92% 12.13% 0.79% 0.94% 2.07% 2.50% 2.34% 2.77% 35.96% 31.59% 14.18% 13.99% 13.08% 12.87% 0.48 0.52 4.95 4.64

Rural Commercial Bank of Zhangjiagang 696 681 9.68% 9.92% 0.81% 0.88% 2.04% 2.37% 2.24% 2.80% 37.25% 35.20% 13.42% 15.07% 12.26% 13.92% 0.42 0.41 4.50 4.32

Wujiang Rural Commercial Bank 659 612 9.48% 9.74% not disclosed not disclosed not disclosed not disclosed not disclosed not disclosed 34.03% 31.62% 14.18% 13.58% 13.03% 12.44% 0.64 0.60 6.98 6.55

Jiutai Rural Commercial Bank 2,316 1,402 18.11% 14.24% 1.39% 1.25% 2.53% 2.79% 2.67% 3.01% 41.61% 43.54% 13.79% 14.76% 10.35% 12.49% 0.57 0.41 3.07 2.78



Total assets scale2Items/Banks Cash on hand and deposits with

central bankLoans and advances to

customersInvestments Due to interbanks Other assets Total assets

RMB million 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 3,350,788 3,059,633 12,767,334 11,652,812 5,481,174 5,009,963 1,553,100 1,680,126 984,869 807,246 24,137,265 22,209,780

China Construction Bank 2,849,261 2,401,544 11,488,355 10,234,523 5,068,584 4,271,406 858,462 974,472 699,043 467,544 20,963,705 18,349,489

Agricultural Bank of China 2,811,653 2,587,057 9,319,364 8,506,675 5,333,535 4,512,047 1,526,665 1,673,984 578,844 511,630 19,570,061 17,791,393

Bank of China 2,349,188 2,269,434 9,735,646 8,935,195 3,972,884 3,595,095 1,176,482 1,007,855 914,689 1,008,018 18,148,889 16,815,597

Bank of Communications 991,435 920,228 4,009,046 3,634,568 2,314,445 1,661,100 715,787 611,191 372,453 328,275 8,403,166 7,155,362


China Merchants Bank 597,529 584,342 3,151,649 2,739,444 1,450,922 1,427,841 581,963 593,396 160,248 129,955 5,942,311 5,474,978

Industrial Bank 457,654 417,911 2,007,366 1,724,822 3,292,074 2,597,027 100,994 324,607 227,807 234,513 6,085,895 5,298,880

China CITIC Bank 553,328 511,189 2,802,384 2,468,283 1,852,670 1,692,127 546,653 338,140 176,015 112,553 5,931,050 5,122,292

Shanghai Pudong Development Bank 517,230 481,157 2,674,557 2,171,413 2,135,088 1,883,327 356,116 359,412 174,272 149,043 5,857,263 5,044,352

China Minsheng Bank 524,239 432,831 2,397,192 1,997,625 2,206,909 913,562 461,837 901,302 305,700 275,368 5,895,877 4,520,688

China Everbright Bank 381,620 326,735 1,751,644 1,475,424 1,318,143 903,871 425,935 371,717 142,700 89,963 4,020,042 3,167,710

Ping An Bank 311,258 291,715 1,435,869 1,186,872 759,438 594,803 273,208 302,973 173,661 130,786 2,953,434 2,507,149

Hua Xia Bank 222,173 264,094 1,184,355 1,041,937 640,162 357,075 271,680 325,763 37,865 31,735 2,356,235 2,020,604

China Zheshang Bank 124,269 87,650 443,669 335,229 663,168 520,848 98,442 76,607 25,307 11,316 1,354,855 1,031,650

Other banks

Postal Savings Bank of China 1,310,273 1,131,231 2,939,217 2,412,595 3,463,841 2,986,667 442,194 673,490 110,097 92,381 8,265,622 7,296,364

Bank of Beijing 166,285 153,182 867,955 747,917 676,550 419,104 365,958 493,628 39,591 31,078 2,116,339 1,844,909

Bank of Shanghai 137,037 144,057 537,397 521,365 916,154 590,325 134,927 169,386 29,856 24,007 1,755,371 1,449,140

Bank of Jiangsu 135,122 121,097 632,555 546,389 688,743 461,939 96,248 135,929 45,624 24,978 1,598,292 1,290,333

Bank of Nanjing 93,065 78,780 318,543 242,227 521,681 424,149 105,342 40,558 25,268 19,306 1,063,900 805,020

Chongqing Rural Commercial Bank 85,836 78,500 288,116 257,541 263,930 213,384 150,854 153,315 14,422 14,065 803,158 716,805

Bank of Ningbo 93,377 66,189 292,788 248,399 427,775 360,200 43,462 26,563 27,618 15,114 885,020 716,465

Shengjing Bank 71,376 63,788 228,881 191,532 463,366 315,091 127,967 117,887 13,893 13,331 905,483 701,629

Huishang Bank 88,059 78,414 269,336 237,428 338,149 230,393 30,797 74,193 28,433 15,703 754,774 636,131

Bank of Tianjin 58,108 62,107 207,855 179,571 310,737 203,459 73,175 114,568 7,436 5,963 657,310 565,668

Bank of Hangzhou 68,902 54,000 239,130 209,575 347,326 202,000 56,421 72,331 8,645 7,409 720,424 545,315

Harbin Bank 67,010 54,566 196,488 145,062 193,995 138,980 48,539 81,063 32,984 25,180 539,016 444,851

Bank of Jinzhou 43,667 30,099 121,931 97,313 347,991 209,032 8,674 15,604 16,798 9,612 539,060 361,660

Bank of Chongqing 42,813 38,201 146,789 121,816 120,314 108,108 55,706 45,857 7,481 5,826 373,104 319,808

Bank of Zhengzhou 42,586 33,008 107,633 91,604 183,144 113,215 18,293 22,915 14,492 4,880 366,148 265,623

Bank of Guiyang 43,182 29,491 99,079 80,214 202,337 112,672 13,538 10,339 14,117 5,481 372,253 238,197

Bank of Qingdao 22,698 19,920 84,865 70,655 152,928 84,780 10,998 7,210 6,499 4,670 277,988 187,235

Wuxi Rural Commercial Bank 15,530 15,026 58,570 54,024 41,376 30,510 6,448 13,277 2,708 2,654 124,633 115,491

Changshu Rural Commercial Bank 14,240 12,219 64,229 55,803 41,243 33,371 6,684 4,259 3,586 2,852 129,982 108,504

Jiangyin Rural Commercial Bank 11,176 13,410 50,372 48,020 37,987 25,708 2,103 1,221 2,447 2,120 104,085 90,478

Rural Commercial Bank of Zhangjiagang 9,074 9,273 42,754 38,504 31,471 27,391 4,046 4,599 2,833 2,587 90,178 82,354

Wujiang Rural Commercial Bank 12,851 11,145 43,927 39,550 15,577 13,520 6,074 4,595 2,919 2,642 81,348 71,453

Jiutai Rural Commercial Bank 32,984 19,334 60,287 46,477 38,753 35,012 52,965 36,327 6,482 4,803 191,471 141,953




Items/Banks Cash on hand and deposits with central bank

Loans and advances to customers

Investments Due to interbanks Other assets Total assets

RMB million 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 3,350,788 3,059,633 12,767,334 11,652,812 5,481,174 5,009,963 1,553,100 1,680,126 984,869 807,246 24,137,265 22,209,780

China Construction Bank 2,849,261 2,401,544 11,488,355 10,234,523 5,068,584 4,271,406 858,462 974,472 699,043 467,544 20,963,705 18,349,489

Agricultural Bank of China 2,811,653 2,587,057 9,319,364 8,506,675 5,333,535 4,512,047 1,526,665 1,673,984 578,844 511,630 19,570,061 17,791,393

Bank of China 2,349,188 2,269,434 9,735,646 8,935,195 3,972,884 3,595,095 1,176,482 1,007,855 914,689 1,008,018 18,148,889 16,815,597

Bank of Communications 991,435 920,228 4,009,046 3,634,568 2,314,445 1,661,100 715,787 611,191 372,453 328,275 8,403,166 7,155,362


China Merchants Bank 597,529 584,342 3,151,649 2,739,444 1,450,922 1,427,841 581,963 593,396 160,248 129,955 5,942,311 5,474,978

Industrial Bank 457,654 417,911 2,007,366 1,724,822 3,292,074 2,597,027 100,994 324,607 227,807 234,513 6,085,895 5,298,880

China CITIC Bank 553,328 511,189 2,802,384 2,468,283 1,852,670 1,692,127 546,653 338,140 176,015 112,553 5,931,050 5,122,292

Shanghai Pudong Development Bank 517,230 481,157 2,674,557 2,171,413 2,135,088 1,883,327 356,116 359,412 174,272 149,043 5,857,263 5,044,352

China Minsheng Bank 524,239 432,831 2,397,192 1,997,625 2,206,909 913,562 461,837 901,302 305,700 275,368 5,895,877 4,520,688

China Everbright Bank 381,620 326,735 1,751,644 1,475,424 1,318,143 903,871 425,935 371,717 142,700 89,963 4,020,042 3,167,710

Ping An Bank 311,258 291,715 1,435,869 1,186,872 759,438 594,803 273,208 302,973 173,661 130,786 2,953,434 2,507,149

Hua Xia Bank 222,173 264,094 1,184,355 1,041,937 640,162 357,075 271,680 325,763 37,865 31,735 2,356,235 2,020,604

China Zheshang Bank 124,269 87,650 443,669 335,229 663,168 520,848 98,442 76,607 25,307 11,316 1,354,855 1,031,650

Other banks

Postal Savings Bank of China 1,310,273 1,131,231 2,939,217 2,412,595 3,463,841 2,986,667 442,194 673,490 110,097 92,381 8,265,622 7,296,364

Bank of Beijing 166,285 153,182 867,955 747,917 676,550 419,104 365,958 493,628 39,591 31,078 2,116,339 1,844,909

Bank of Shanghai 137,037 144,057 537,397 521,365 916,154 590,325 134,927 169,386 29,856 24,007 1,755,371 1,449,140

Bank of Jiangsu 135,122 121,097 632,555 546,389 688,743 461,939 96,248 135,929 45,624 24,978 1,598,292 1,290,333

Bank of Nanjing 93,065 78,780 318,543 242,227 521,681 424,149 105,342 40,558 25,268 19,306 1,063,900 805,020

Chongqing Rural Commercial Bank 85,836 78,500 288,116 257,541 263,930 213,384 150,854 153,315 14,422 14,065 803,158 716,805

Bank of Ningbo 93,377 66,189 292,788 248,399 427,775 360,200 43,462 26,563 27,618 15,114 885,020 716,465

Shengjing Bank 71,376 63,788 228,881 191,532 463,366 315,091 127,967 117,887 13,893 13,331 905,483 701,629

Huishang Bank 88,059 78,414 269,336 237,428 338,149 230,393 30,797 74,193 28,433 15,703 754,774 636,131

Bank of Tianjin 58,108 62,107 207,855 179,571 310,737 203,459 73,175 114,568 7,436 5,963 657,310 565,668

Bank of Hangzhou 68,902 54,000 239,130 209,575 347,326 202,000 56,421 72,331 8,645 7,409 720,424 545,315

Harbin Bank 67,010 54,566 196,488 145,062 193,995 138,980 48,539 81,063 32,984 25,180 539,016 444,851

Bank of Jinzhou 43,667 30,099 121,931 97,313 347,991 209,032 8,674 15,604 16,798 9,612 539,060 361,660

Bank of Chongqing 42,813 38,201 146,789 121,816 120,314 108,108 55,706 45,857 7,481 5,826 373,104 319,808

Bank of Zhengzhou 42,586 33,008 107,633 91,604 183,144 113,215 18,293 22,915 14,492 4,880 366,148 265,623

Bank of Guiyang 43,182 29,491 99,079 80,214 202,337 112,672 13,538 10,339 14,117 5,481 372,253 238,197

Bank of Qingdao 22,698 19,920 84,865 70,655 152,928 84,780 10,998 7,210 6,499 4,670 277,988 187,235

Wuxi Rural Commercial Bank 15,530 15,026 58,570 54,024 41,376 30,510 6,448 13,277 2,708 2,654 124,633 115,491

Changshu Rural Commercial Bank 14,240 12,219 64,229 55,803 41,243 33,371 6,684 4,259 3,586 2,852 129,982 108,504

Jiangyin Rural Commercial Bank 11,176 13,410 50,372 48,020 37,987 25,708 2,103 1,221 2,447 2,120 104,085 90,478

Rural Commercial Bank of Zhangjiagang 9,074 9,273 42,754 38,504 31,471 27,391 4,046 4,599 2,833 2,587 90,178 82,354

Wujiang Rural Commercial Bank 12,851 11,145 43,927 39,550 15,577 13,520 6,074 4,595 2,919 2,642 81,348 71,453

Jiutai Rural Commercial Bank 32,984 19,334 60,287 46,477 38,753 35,012 52,965 36,327 6,482 4,803 191,471 141,953



Total assets structure3Items/Banks Cash on hand and deposits with central bank Loans and advances to customers Investments Due to interbanks Other assets

% 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 13.88% 13.78% 52.89% 52.47% 22.71% 22.56% 6.43% 7.56% 4.08% 3.63%

China Construction Bank 13.59% 13.09% 54.80% 55.78% 24.18% 23.28% 4.09% 5.31% 3.33% 2.55%

Agricultural Bank of China 14.37% 14.54% 47.62% 47.81% 27.25% 25.36% 7.80% 9.41% 2.96% 2.88%

Bank of China 12.94% 13.50% 53.64% 53.14% 21.89% 21.38% 6.48% 5.99% 5.04% 5.99%

Bank of Communications 11.80% 12.86% 47.71% 50.80% 27.54% 23.21% 8.52% 8.54% 4.43% 4.59%


China Merchants Bank 10.06% 10.67% 53.04% 50.04% 24.42% 26.08% 9.79% 10.84% 2.70% 2.37%

Industrial Bank 7.52% 7.89% 32.98% 32.55% 54.09% 49.01% 1.66% 6.13% 3.74% 4.43%

China CITIC Bank 9.33% 9.98% 47.25% 48.19% 31.24% 33.03% 9.22% 6.60% 2.97% 2.20%

Shanghai Pudong Development Bank 8.83% 9.54% 45.66% 43.05% 36.45% 37.34% 6.08% 7.13% 2.98% 2.95%

China Minsheng Bank 8.89% 9.57% 40.66% 44.19% 37.43% 20.21% 7.83% 19.94% 5.18% 6.09%

China Everbright Bank 9.49% 10.31% 43.57% 46.58% 32.79% 28.53% 10.60% 11.73% 3.55% 2.84%

Ping An Bank 10.54% 11.64% 48.62% 47.34% 25.71% 23.72% 9.25% 12.08% 5.88% 5.22%

Hua Xia Bank 9.43% 13.07% 50.26% 51.57% 27.17% 17.67% 11.53% 16.12% 1.61% 1.57%

China Zheshang Bank 9.17% 8.50% 32.75% 32.49% 48.95% 50.49% 7.27% 7.43% 1.87% 1.10%

Other banks

Postal Savings Bank of China 15.85% 15.50% 35.56% 33.07% 41.91% 40.93% 5.35% 9.23% 1.33% 1.27%

Bank of Beijing 7.86% 8.30% 41.01% 40.54% 31.97% 22.72% 17.29% 26.76% 1.87% 1.68%

Bank of Shanghai 7.81% 9.94% 30.61% 35.98% 52.19% 40.74% 7.69% 11.69% 1.70% 1.66%

Bank of Jiangsu 8.45% 9.38% 39.58% 42.34% 43.09% 35.80% 6.02% 10.53% 2.85% 1.94%

Bank of Nanjing 8.75% 9.79% 29.94% 30.09% 49.03% 52.69% 9.90% 5.04% 2.38% 2.40%

Chongqing Rural Commercial Bank 10.69% 10.95% 35.87% 35.93% 32.86% 29.77% 18.78% 21.39% 1.80% 1.96%

Bank of Ningbo 10.55% 9.24% 33.08% 34.67% 48.34% 50.27% 4.91% 3.71% 3.12% 2.11%

Shengjing Bank 7.88% 9.09% 25.28% 27.30% 51.17% 44.91% 14.13% 16.80% 1.53% 1.90%

Huishang Bank 11.67% 12.33% 35.68% 37.32% 44.80% 36.22% 4.08% 11.66% 3.77% 2.47%

Bank of Tianjin 8.84% 10.98% 31.62% 31.74% 47.27% 35.97% 11.13% 20.25% 1.13% 1.05%

Bank of Hangzhou 9.56% 9.90% 33.19% 38.43% 48.21% 37.04% 7.83% 13.26% 1.20% 1.36%

Harbin Bank 12.43% 12.27% 36.45% 32.61% 35.99% 31.24% 9.01% 18.22% 6.12% 5.66%

Bank of Jinzhou 8.10% 8.32% 22.62% 26.91% 64.56% 57.80% 1.61% 4.31% 3.12% 2.66%

Bank of Chongqing 11.47% 11.94% 39.34% 38.09% 32.25% 33.80% 14.93% 14.34% 2.01% 1.82%

Bank of Zhengzhou 11.63% 12.43% 29.40% 34.49% 50.02% 42.62% 5.00% 8.63% 3.96% 1.84%

Bank of Guiyang 11.60% 12.38% 26.62% 33.68% 54.35% 47.30% 3.64% 4.34% 3.79% 2.30%

Bank of Qingdao 8.17% 10.64% 30.53% 37.74% 55.01% 45.28% 3.96% 3.85% 2.34% 2.49%

Wuxi Rural Commercial Bank 12.46% 13.01% 46.99% 46.78% 33.20% 26.42% 5.17% 11.50% 2.17% 2.30%

Changshu Rural Commercial Bank 10.96% 11.26% 49.41% 51.43% 31.73% 30.76% 5.14% 3.93% 2.76% 2.63%

Jiangyin Rural Commercial Bank 10.74% 14.82% 48.40% 53.07% 36.50% 28.41% 2.02% 1.35% 2.35% 2.34%

Rural Commercial Bank of Zhangjiagang 10.06% 11.26% 47.41% 46.75% 34.90% 33.26% 4.49% 5.58% 3.14% 3.14%

Wujiang Rural Commercial Bank 15.80% 15.60% 54.00% 55.35% 19.15% 18.92% 7.47% 6.43% 3.59% 3.70%

Jiutai Rural Commercial Bank 17.23% 13.62% 31.49% 32.74% 20.24% 24.66% 27.66% 25.59% 3.39% 3.38%




Items/Banks Cash on hand and deposits with central bank Loans and advances to customers Investments Due to interbanks Other assets

% 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 13.88% 13.78% 52.89% 52.47% 22.71% 22.56% 6.43% 7.56% 4.08% 3.63%

China Construction Bank 13.59% 13.09% 54.80% 55.78% 24.18% 23.28% 4.09% 5.31% 3.33% 2.55%

Agricultural Bank of China 14.37% 14.54% 47.62% 47.81% 27.25% 25.36% 7.80% 9.41% 2.96% 2.88%

Bank of China 12.94% 13.50% 53.64% 53.14% 21.89% 21.38% 6.48% 5.99% 5.04% 5.99%

Bank of Communications 11.80% 12.86% 47.71% 50.80% 27.54% 23.21% 8.52% 8.54% 4.43% 4.59%


China Merchants Bank 10.06% 10.67% 53.04% 50.04% 24.42% 26.08% 9.79% 10.84% 2.70% 2.37%

Industrial Bank 7.52% 7.89% 32.98% 32.55% 54.09% 49.01% 1.66% 6.13% 3.74% 4.43%

China CITIC Bank 9.33% 9.98% 47.25% 48.19% 31.24% 33.03% 9.22% 6.60% 2.97% 2.20%

Shanghai Pudong Development Bank 8.83% 9.54% 45.66% 43.05% 36.45% 37.34% 6.08% 7.13% 2.98% 2.95%

China Minsheng Bank 8.89% 9.57% 40.66% 44.19% 37.43% 20.21% 7.83% 19.94% 5.18% 6.09%

China Everbright Bank 9.49% 10.31% 43.57% 46.58% 32.79% 28.53% 10.60% 11.73% 3.55% 2.84%

Ping An Bank 10.54% 11.64% 48.62% 47.34% 25.71% 23.72% 9.25% 12.08% 5.88% 5.22%

Hua Xia Bank 9.43% 13.07% 50.26% 51.57% 27.17% 17.67% 11.53% 16.12% 1.61% 1.57%

China Zheshang Bank 9.17% 8.50% 32.75% 32.49% 48.95% 50.49% 7.27% 7.43% 1.87% 1.10%

Other banks

Postal Savings Bank of China 15.85% 15.50% 35.56% 33.07% 41.91% 40.93% 5.35% 9.23% 1.33% 1.27%

Bank of Beijing 7.86% 8.30% 41.01% 40.54% 31.97% 22.72% 17.29% 26.76% 1.87% 1.68%

Bank of Shanghai 7.81% 9.94% 30.61% 35.98% 52.19% 40.74% 7.69% 11.69% 1.70% 1.66%

Bank of Jiangsu 8.45% 9.38% 39.58% 42.34% 43.09% 35.80% 6.02% 10.53% 2.85% 1.94%

Bank of Nanjing 8.75% 9.79% 29.94% 30.09% 49.03% 52.69% 9.90% 5.04% 2.38% 2.40%

Chongqing Rural Commercial Bank 10.69% 10.95% 35.87% 35.93% 32.86% 29.77% 18.78% 21.39% 1.80% 1.96%

Bank of Ningbo 10.55% 9.24% 33.08% 34.67% 48.34% 50.27% 4.91% 3.71% 3.12% 2.11%

Shengjing Bank 7.88% 9.09% 25.28% 27.30% 51.17% 44.91% 14.13% 16.80% 1.53% 1.90%

Huishang Bank 11.67% 12.33% 35.68% 37.32% 44.80% 36.22% 4.08% 11.66% 3.77% 2.47%

Bank of Tianjin 8.84% 10.98% 31.62% 31.74% 47.27% 35.97% 11.13% 20.25% 1.13% 1.05%

Bank of Hangzhou 9.56% 9.90% 33.19% 38.43% 48.21% 37.04% 7.83% 13.26% 1.20% 1.36%

Harbin Bank 12.43% 12.27% 36.45% 32.61% 35.99% 31.24% 9.01% 18.22% 6.12% 5.66%

Bank of Jinzhou 8.10% 8.32% 22.62% 26.91% 64.56% 57.80% 1.61% 4.31% 3.12% 2.66%

Bank of Chongqing 11.47% 11.94% 39.34% 38.09% 32.25% 33.80% 14.93% 14.34% 2.01% 1.82%

Bank of Zhengzhou 11.63% 12.43% 29.40% 34.49% 50.02% 42.62% 5.00% 8.63% 3.96% 1.84%

Bank of Guiyang 11.60% 12.38% 26.62% 33.68% 54.35% 47.30% 3.64% 4.34% 3.79% 2.30%

Bank of Qingdao 8.17% 10.64% 30.53% 37.74% 55.01% 45.28% 3.96% 3.85% 2.34% 2.49%

Wuxi Rural Commercial Bank 12.46% 13.01% 46.99% 46.78% 33.20% 26.42% 5.17% 11.50% 2.17% 2.30%

Changshu Rural Commercial Bank 10.96% 11.26% 49.41% 51.43% 31.73% 30.76% 5.14% 3.93% 2.76% 2.63%

Jiangyin Rural Commercial Bank 10.74% 14.82% 48.40% 53.07% 36.50% 28.41% 2.02% 1.35% 2.35% 2.34%

Rural Commercial Bank of Zhangjiagang 10.06% 11.26% 47.41% 46.75% 34.90% 33.26% 4.49% 5.58% 3.14% 3.14%

Wujiang Rural Commercial Bank 15.80% 15.60% 54.00% 55.35% 19.15% 18.92% 7.47% 6.43% 3.59% 3.70%

Jiutai Rural Commercial Bank 17.23% 13.62% 31.49% 32.74% 20.24% 24.66% 27.66% 25.59% 3.39% 3.38%



Loan quality information4Items/Banks Non-performing loan (NPL) ratio Overdue loan ratio Overdue 90 days to total

loan ratioOverdue to NPL ratio Past due loan (over 90 days but

not impaired) to NPL ratioProvision coverage ratio Loan provision ratio

% 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 1.62% 1.50% 2.65% 2.79% 1.49% 1.36% 163.42% 185.33% 0.00% 0.00% 136.69% 156.34% 2.22% 2.35%

China Construction Bank 1.52% 1.58% 1.51% 1.65% 1.04% 0.98% 99.67% 104.34% 0.01% 0.00% 150.36% 150.99% 2.29% 2.39%

Agricultural Bank of China 2.37% 2.39% 2.83% 3.14% 2.01% 2.03% 118.98% 131.31% 0.00% 0.00% 173.40% 189.43% 4.12% 4.53%

Bank of China 1.46% 1.43% 2.15% 1.96% 1.13% 1.17% 146.98% 136.77% 0.03% 0.27% 162.82% 153.30% 2.87% 2.62%

Bank of Communications 1.52% 1.51% 2.64% 3.04% 2.12% 2.46% 173.37% 201.64% 40.42% 63.71% 150.50% 155.57% 2.29% 2.35%


China Merchants Bank 1.87% 1.68% 2.13% 2.85% 1.47% 1.59% 114.33% 169.52% 0.31% 5.81% 180.02% 178.95% 3.37% 3.00%

Industrial Bank 1.65% 1.46% 2.15% 2.74% 1.30% 1.52% 129.70% 187.80% 2.49% 8.98% 210.51% 210.08% 3.48% 3.07%

China CITIC Bank 1.69% 1.43% 3.26% 2.96% 2.01% 1.50% 192.99% 207.77% 29.22% 17.80% 155.50% 167.81% 2.62% 2.39%

Shanghai Pudong Development Bank 1.89% 1.56% 2.98% 2.64% 2.28% 2.02% 157.53% 168.84% 24.89% 31.37% 169.13% 211.40% 3.19% 3.30%

China Minsheng Bank 1.68% 1.60% 3.50% 3.94% 2.55% 2.38% 207.93% 245.92% 55.30% 52.02% 155.41% 153.63% 2.62% 2.46%

China Everbright Bank 1.60% 1.61% 2.87% 4.09% 1.99% 2.32% 179.57% 253.67% 33.93% 53.52% 152.02% 156.39% 2.43% 2.52%

Ping An Bank 1.74% 1.45% 4.11% 4.72% 2.75% 2.80% 235.88% 325.46% 72.17% 97.97% 155.37% 165.86% 2.71% 2.41%

Hua Xia Bank 1.67% 1.52% 4.72% 3.96% 3.77% 3.13% 281.97% 259.85% 126.84% 101.73% 158.73% 167.12% 2.65% 2.55%

China Zheshang Bank 1.33% 1.23% 1.20% 1.83% 0.96% 1.08% 90.38% 149.12% 5.87% 15.87% 259.33% 240.83% 3.44% 2.95%

Other banks

Postal Savings Bank of China 0.87% 0.80% 0.96% 0.99% 0.69% 0.68% 110.30% 123.30% 0.00% 0.00% 271.69% 298.15% 2.37% 2.40%

Bank of Beijing 1.27% 1.12% 2.22% 1.51% 0.95% 1.03% 174.52% 134.90% 0.18% 5.78% 256.06% 278.39% 3.25% 3.11%

Bank of Shanghai 1.17% 1.19% 1.31% 1.58% 1.03% 1.06% 111.31% 133.05% 0.82% 0.82% 255.50% 237.70% 3.00% 2.82%

Bank of Jiangsu 1.43% 1.43% 2.28% 2.69% 2.04% 2.19% 159.07% 188.48% 44.52% 54.05% 180.56% 192.07% 2.59% 2.74%

Bank of Nanjing 0.87% 0.83% 1.70% 1.35% 1.05% 0.81% 194.33% 162.39% 36.92% 2.64% 457.32% 430.95% 3.99% 3.57%

Chongqing Rural Commercial Bank 0.96% 0.98% 1.53% 1.82% 0.91% 0.97% 159.87% 186.35% 7.15% 14.45% 428.37% 420.03% 4.10% 4.11%

Bank of Ningbo 0.91% 0.92% 1.15% 1.73% 0.75% 1.08% 126.06% 187.53% 5.05% 25.97% 351.42% 308.67% 3.21% 2.85%

Shengjing Bank 1.74% 0.42% 2.62% 0.54% 1.66% 0.29% 150.17% 129.12% 0.36% 1.72% 159.17% 482.38% 2.78% 2.01%

Huishang Bank 1.07% 0.98% 2.19% 2.03% 1.61% 1.90% 204.38% 206.13% 52.70% 100.88% 270.77% 250.49% 2.90% 2.47%

Bank of Tianjin 1.48% 1.34% 2.61% 3.20% not disclosed 1.71% 175.72% 238.04% not disclosed 3.25% 193.56% 202.84% 2.87% 2.73%

Bank of Hangzhou 1.62% 1.36% 3.12% 3.24% 2.67% 2.31% 192.18% 237.28% 331.40% 559.42% 186.76% 193.43% 3.03% 2.64%

Harbin Bank 1.53% 1.40% 3.61% 3.47% 1.59% 1.46% 236.44% 248.56% 5.94% 4.33% 166.77% 173.83% 2.55% 2.43%

Bank of Jinzhou 1.14% 1.03% 4.03% 2.89% 3.47% 1.64% 352.49% 279.24% 204.29% 62.33% 336.30% 369.13% 3.84% 3.82%

Bank of Chongqing 0.96% 0.97% 3.70% 2.81% 1.51% 1.28% 387.58% 289.45% not disclosed not disclosed 293.35% 243.98% 2.80% 2.37%

Bank of Zhengzhou 1.31% 1.10% 4.59% 3.07% 1.70% 1.21% 350.22% 278.20% 38.14% 14.07% 237.38% 258.55% 3.11% 2.85%

Bank of Guiyang 1.42% 1.48% 4.07% 6.84% 1.68% 1.99% 287.60% 461.03% 21.29% 39.77% 235.19% 239.98% 3.33% 3.56%

Bank of Qingdao 1.36% 1.19% 4.05% 2.89% 1.70% 1.38% 297.18% 243.10% 26.38% 16.05% 194.01% 236.13% 2.64% 2.81%

Wuxi Rural Commercial Bank 1.39% 1.17% 1.64% 1.56% 1.36% 1.12% 117.75% 132.98% 5.03% 10.79% 200.77% 227.92% 2.80% 2.67%

Changshu Rural Commercial Bank 1.40% 1.43% 1.61% 1.96% 1.28% 1.44% 114.31% 137.21% 11.35% 18.86% 234.83% 219.18% 3.30% 3.14%

Jiangyin Rural Commercial Bank 2.41% 2.17% 3.03% 2.54% 2.50% 2.00% 125.88% 117.08% 6.98% 19.77% 170.14% 169.72% 4.10% 3.68%

Rural Commercial Bank of Zhangjiagang 1.96% 1.96% 2.19% 3.38% 1.85% 2.53% 111.27% 172.40% 12.12% 49.55% 180.36% 172.02% 3.54% 3.38%

Wujiang Rural Commercial Bank 1.78% 1.86% 2.64% 5.07% 1.37% 2.26% 148.18% 272.04% 0.00% 0.00% 187.46% 188.83% 3.34% 3.52%

Jiutai Rural Commercial Bank 1.41% 1.42% 3.63% 4.52% 2.26% 2.26% 256.20% 319.32% not disclosed not disclosed 206.57% 206.86% 2.92% 2.93%




Items/Banks Non-performing loan (NPL) ratio Overdue loan ratio Overdue 90 days to total loan ratio

Overdue to NPL ratio Past due loan (over 90 days but not impaired) to NPL ratio

Provision coverage ratio Loan provision ratio

% 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 1.62% 1.50% 2.65% 2.79% 1.49% 1.36% 163.42% 185.33% 0.00% 0.00% 136.69% 156.34% 2.22% 2.35%

China Construction Bank 1.52% 1.58% 1.51% 1.65% 1.04% 0.98% 99.67% 104.34% 0.01% 0.00% 150.36% 150.99% 2.29% 2.39%

Agricultural Bank of China 2.37% 2.39% 2.83% 3.14% 2.01% 2.03% 118.98% 131.31% 0.00% 0.00% 173.40% 189.43% 4.12% 4.53%

Bank of China 1.46% 1.43% 2.15% 1.96% 1.13% 1.17% 146.98% 136.77% 0.03% 0.27% 162.82% 153.30% 2.87% 2.62%

Bank of Communications 1.52% 1.51% 2.64% 3.04% 2.12% 2.46% 173.37% 201.64% 40.42% 63.71% 150.50% 155.57% 2.29% 2.35%


China Merchants Bank 1.87% 1.68% 2.13% 2.85% 1.47% 1.59% 114.33% 169.52% 0.31% 5.81% 180.02% 178.95% 3.37% 3.00%

Industrial Bank 1.65% 1.46% 2.15% 2.74% 1.30% 1.52% 129.70% 187.80% 2.49% 8.98% 210.51% 210.08% 3.48% 3.07%

China CITIC Bank 1.69% 1.43% 3.26% 2.96% 2.01% 1.50% 192.99% 207.77% 29.22% 17.80% 155.50% 167.81% 2.62% 2.39%

Shanghai Pudong Development Bank 1.89% 1.56% 2.98% 2.64% 2.28% 2.02% 157.53% 168.84% 24.89% 31.37% 169.13% 211.40% 3.19% 3.30%

China Minsheng Bank 1.68% 1.60% 3.50% 3.94% 2.55% 2.38% 207.93% 245.92% 55.30% 52.02% 155.41% 153.63% 2.62% 2.46%

China Everbright Bank 1.60% 1.61% 2.87% 4.09% 1.99% 2.32% 179.57% 253.67% 33.93% 53.52% 152.02% 156.39% 2.43% 2.52%

Ping An Bank 1.74% 1.45% 4.11% 4.72% 2.75% 2.80% 235.88% 325.46% 72.17% 97.97% 155.37% 165.86% 2.71% 2.41%

Hua Xia Bank 1.67% 1.52% 4.72% 3.96% 3.77% 3.13% 281.97% 259.85% 126.84% 101.73% 158.73% 167.12% 2.65% 2.55%

China Zheshang Bank 1.33% 1.23% 1.20% 1.83% 0.96% 1.08% 90.38% 149.12% 5.87% 15.87% 259.33% 240.83% 3.44% 2.95%

Other banks

Postal Savings Bank of China 0.87% 0.80% 0.96% 0.99% 0.69% 0.68% 110.30% 123.30% 0.00% 0.00% 271.69% 298.15% 2.37% 2.40%

Bank of Beijing 1.27% 1.12% 2.22% 1.51% 0.95% 1.03% 174.52% 134.90% 0.18% 5.78% 256.06% 278.39% 3.25% 3.11%

Bank of Shanghai 1.17% 1.19% 1.31% 1.58% 1.03% 1.06% 111.31% 133.05% 0.82% 0.82% 255.50% 237.70% 3.00% 2.82%

Bank of Jiangsu 1.43% 1.43% 2.28% 2.69% 2.04% 2.19% 159.07% 188.48% 44.52% 54.05% 180.56% 192.07% 2.59% 2.74%

Bank of Nanjing 0.87% 0.83% 1.70% 1.35% 1.05% 0.81% 194.33% 162.39% 36.92% 2.64% 457.32% 430.95% 3.99% 3.57%

Chongqing Rural Commercial Bank 0.96% 0.98% 1.53% 1.82% 0.91% 0.97% 159.87% 186.35% 7.15% 14.45% 428.37% 420.03% 4.10% 4.11%

Bank of Ningbo 0.91% 0.92% 1.15% 1.73% 0.75% 1.08% 126.06% 187.53% 5.05% 25.97% 351.42% 308.67% 3.21% 2.85%

Shengjing Bank 1.74% 0.42% 2.62% 0.54% 1.66% 0.29% 150.17% 129.12% 0.36% 1.72% 159.17% 482.38% 2.78% 2.01%

Huishang Bank 1.07% 0.98% 2.19% 2.03% 1.61% 1.90% 204.38% 206.13% 52.70% 100.88% 270.77% 250.49% 2.90% 2.47%

Bank of Tianjin 1.48% 1.34% 2.61% 3.20% not disclosed 1.71% 175.72% 238.04% not disclosed 3.25% 193.56% 202.84% 2.87% 2.73%

Bank of Hangzhou 1.62% 1.36% 3.12% 3.24% 2.67% 2.31% 192.18% 237.28% 331.40% 559.42% 186.76% 193.43% 3.03% 2.64%

Harbin Bank 1.53% 1.40% 3.61% 3.47% 1.59% 1.46% 236.44% 248.56% 5.94% 4.33% 166.77% 173.83% 2.55% 2.43%

Bank of Jinzhou 1.14% 1.03% 4.03% 2.89% 3.47% 1.64% 352.49% 279.24% 204.29% 62.33% 336.30% 369.13% 3.84% 3.82%

Bank of Chongqing 0.96% 0.97% 3.70% 2.81% 1.51% 1.28% 387.58% 289.45% not disclosed not disclosed 293.35% 243.98% 2.80% 2.37%

Bank of Zhengzhou 1.31% 1.10% 4.59% 3.07% 1.70% 1.21% 350.22% 278.20% 38.14% 14.07% 237.38% 258.55% 3.11% 2.85%

Bank of Guiyang 1.42% 1.48% 4.07% 6.84% 1.68% 1.99% 287.60% 461.03% 21.29% 39.77% 235.19% 239.98% 3.33% 3.56%

Bank of Qingdao 1.36% 1.19% 4.05% 2.89% 1.70% 1.38% 297.18% 243.10% 26.38% 16.05% 194.01% 236.13% 2.64% 2.81%

Wuxi Rural Commercial Bank 1.39% 1.17% 1.64% 1.56% 1.36% 1.12% 117.75% 132.98% 5.03% 10.79% 200.77% 227.92% 2.80% 2.67%

Changshu Rural Commercial Bank 1.40% 1.43% 1.61% 1.96% 1.28% 1.44% 114.31% 137.21% 11.35% 18.86% 234.83% 219.18% 3.30% 3.14%

Jiangyin Rural Commercial Bank 2.41% 2.17% 3.03% 2.54% 2.50% 2.00% 125.88% 117.08% 6.98% 19.77% 170.14% 169.72% 4.10% 3.68%

Rural Commercial Bank of Zhangjiagang 1.96% 1.96% 2.19% 3.38% 1.85% 2.53% 111.27% 172.40% 12.12% 49.55% 180.36% 172.02% 3.54% 3.38%

Wujiang Rural Commercial Bank 1.78% 1.86% 2.64% 5.07% 1.37% 2.26% 148.18% 272.04% 0.00% 0.00% 187.46% 188.83% 3.34% 3.52%

Jiutai Rural Commercial Bank 1.41% 1.42% 3.63% 4.52% 2.26% 2.26% 256.20% 319.32% not disclosed not disclosed 206.57% 206.86% 2.92% 2.93%



Investment scale5Items/Banks Financial assets at fair value through profit or loss Available-for-sale financial assets Held-to-maturity investments Investment classified as receivables Total investments

RMB million 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 474,475 343,272 1,742,287 1,444,195 2,973,042 2,870,353 291,370 352,143 5,481,174 5,009,963

China Construction Bank 488,370 271,173 1,633,834 1,066,752 2,438,417 2,563,980 507,963 369,501 5,068,584 4,271,406

Agricultural Bank of China 417,955 439,261 1,408,881 1,214,542 2,882,152 2,300,824 624,547 557,420 5,333,535 4,512,047

Bank of China 124,090 119,062 1,609,830 1,078,533 1,843,043 1,790,790 395,921 606,710 3,972,884 3,595,095

Bank of Communications 179,221 138,999 342,755 264,739 1,407,449 933,683 385,020 323,679 2,314,445 1,661,100


China Merchants Bank 55,972 59,081 389,138 299,559 477,064 353,137 528,748 716,064 1,450,922 1,427,841

Industrial Bank 354,595 128,685 584,850 426,634 249,828 206,802 2,102,801 1,834,906 3,292,074 2,597,027

China CITIC Bank 64,911 26,220 534,533 373,770 217,498 179,930 1,035,728 1,112,207 1,852,670 1,692,127

Shanghai Pudong Development Bank 177,203 63,746 620,463 254,846 326,950 239,703 1,010,472 1,325,032 2,135,088 1,883,327

China Minsheng Bank 89,740 26,959 307,078 157,000 661,362 278,364 1,148,729 451,239 2,206,909 913,562

China Everbright Bank 7,834 5,637 425,131 222,495 257,500 152,312 627,678 523,427 1,318,143 903,871

Ping An Bank 57,179 19,757 1,179 1,245 286,802 266,166 414,278 307,635 759,438 594,803

Hua Xia Bank 4,939 11,872 92,252 73,200 345,593 194,543 197,378 77,460 640,162 357,075

China Zheshang Bank 23,132 10,795 61,467 49,117 41,533 29,042 537,036 431,894 663,168 520,848

Other banks

Postal Savings Bank of China 68,976 27,719 1,160,187 390,683 736,154 684,767 1,498,524 1,883,498 3,463,841 2,986,667

Bank of Beijing 40,952 16,522 177,026 127,941 208,431 147,562 250,141 127,079 676,550 419,104

Bank of Shanghai 7,145 4,614 432,146 163,955 236,540 119,953 240,323 301,803 916,154 590,325

Bank of Jiangsu 4,681 715 356,736 205,824 138,720 116,134 188,606 139,267 688,743 461,939

Bank of Nanjing 25,250 19,552 163,861 110,546 111,828 85,577 220,742 208,474 521,681 424,149

Chongqing Rural Commercial Bank 4,521 4,156 90,415 12,502 67,842 63,650 101,151 133,076 263,930 213,384

Bank of Ningbo 8,276 7,040 280,552 249,258 39,371 32,671 99,576 71,231 427,775 360,200

Shengjing Bank - 1,462 46,329 27,360 171,505 51,761 245,532 234,508 463,366 315,091

Huishang Bank 5,742 2,730 120,384 96,272 52,351 42,257 159,671 89,134 338,149 230,393

Bank of Tianjin 5,880 5,952 50,590 17,864 42,341 31,684 211,927 147,959 310,737 203,459

Bank of Hangzhou 7,951 5,967 220,245 117,799 66,674 43,403 52,456 34,831 347,326 202,000

Harbin Bank 1,704 2,840 17,597 21,291 30,501 25,244 144,193 89,605 193,995 138,980

Bank of Jinzhou 21,151 15,561 34,723 19,278 10,436 7,711 281,681 166,482 347,991 209,032

Bank of Chongqing 882 2,313 23,885 18,970 19,796 13,817 75,751 73,008 120,314 108,108

Bank of Zhengzhou 8,946 13,002 6,302 11,206 49,671 23,902 118,225 65,106 183,144 113,215

Bank of Guiyang 944 1,073 94,617 48,976 51,575 37,108 55,202 25,514 202,337 112,672

Bank of Qingdao 320 297 58,411 17,121 31,325 22,575 62,872 44,787 152,928 84,780

Wuxi Rural Commercial Bank 1,176 1,088 20,263 8,843 10,587 16,957 9,350 3,622 41,376 30,510

Changshu Rural Commercial Bank 442 1,239 16,069 13,570 11,770 10,893 12,963 7,669 41,243 33,371

Jiangyin Rural Commercial Bank 1,999 1,311 22,806 12,780 12,282 10,417 900 1,200 37,987 25,708

Rural Commercial Bank of Zhangjiagang 147 498 23,300 17,459 3,236 4,924 4,788 4,509 31,471 27,391

Wujiang Rural Commercial Bank - - 8,851 7,285 6,726 6,236 - - 15,577 13,520

Jiutai Rural Commercial Bank 13,797 12,101 12,003 9,048 2,185 1,376 10,768 12,487 38,753 35,012




Items/Banks Financial assets at fair value through profit or loss Available-for-sale financial assets Held-to-maturity investments Investment classified as receivables Total investments

RMB million 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 474,475 343,272 1,742,287 1,444,195 2,973,042 2,870,353 291,370 352,143 5,481,174 5,009,963

China Construction Bank 488,370 271,173 1,633,834 1,066,752 2,438,417 2,563,980 507,963 369,501 5,068,584 4,271,406

Agricultural Bank of China 417,955 439,261 1,408,881 1,214,542 2,882,152 2,300,824 624,547 557,420 5,333,535 4,512,047

Bank of China 124,090 119,062 1,609,830 1,078,533 1,843,043 1,790,790 395,921 606,710 3,972,884 3,595,095

Bank of Communications 179,221 138,999 342,755 264,739 1,407,449 933,683 385,020 323,679 2,314,445 1,661,100


China Merchants Bank 55,972 59,081 389,138 299,559 477,064 353,137 528,748 716,064 1,450,922 1,427,841

Industrial Bank 354,595 128,685 584,850 426,634 249,828 206,802 2,102,801 1,834,906 3,292,074 2,597,027

China CITIC Bank 64,911 26,220 534,533 373,770 217,498 179,930 1,035,728 1,112,207 1,852,670 1,692,127

Shanghai Pudong Development Bank 177,203 63,746 620,463 254,846 326,950 239,703 1,010,472 1,325,032 2,135,088 1,883,327

China Minsheng Bank 89,740 26,959 307,078 157,000 661,362 278,364 1,148,729 451,239 2,206,909 913,562

China Everbright Bank 7,834 5,637 425,131 222,495 257,500 152,312 627,678 523,427 1,318,143 903,871

Ping An Bank 57,179 19,757 1,179 1,245 286,802 266,166 414,278 307,635 759,438 594,803

Hua Xia Bank 4,939 11,872 92,252 73,200 345,593 194,543 197,378 77,460 640,162 357,075

China Zheshang Bank 23,132 10,795 61,467 49,117 41,533 29,042 537,036 431,894 663,168 520,848

Other banks

Postal Savings Bank of China 68,976 27,719 1,160,187 390,683 736,154 684,767 1,498,524 1,883,498 3,463,841 2,986,667

Bank of Beijing 40,952 16,522 177,026 127,941 208,431 147,562 250,141 127,079 676,550 419,104

Bank of Shanghai 7,145 4,614 432,146 163,955 236,540 119,953 240,323 301,803 916,154 590,325

Bank of Jiangsu 4,681 715 356,736 205,824 138,720 116,134 188,606 139,267 688,743 461,939

Bank of Nanjing 25,250 19,552 163,861 110,546 111,828 85,577 220,742 208,474 521,681 424,149


Bank of Ningbo 8,276 7,040 280,552 249,258 39,371 32,671 99,576 71,231 427,775 360,200

Shengjing Bank - 1,462 46,329 27,360 171,505 51,761 245,532 234,508 463,366 315,091

Huishang Bank 5,742 2,730 120,384 96,272 52,351 42,257 159,671 89,134 338,149 230,393

Bank of Tianjin 5,880 5,952 50,590 17,864 42,341 31,684 211,927 147,959 310,737 203,459

Bank of Hangzhou 7,951 5,967 220,245 117,799 66,674 43,403 52,456 34,831 347,326 202,000

Harbin Bank 1,704 2,840 17,597 21,291 30,501 25,244 144,193 89,605 193,995 138,980

Bank of Jinzhou 21,151 15,561 34,723 19,278 10,436 7,711 281,681 166,482 347,991 209,032

Bank of Chongqing 882 2,313 23,885 18,970 19,796 13,817 75,751 73,008 120,314 108,108


Bank of Guiyang 944 1,073 94,617 48,976 51,575 37,108 55,202 25,514 202,337 112,672

Bank of Qingdao 320 297 58,411 17,121 31,325 22,575 62,872 44,787 152,928 84,780


Changshu Rural Commercial Bank 442 1,239 16,069 13,570 11,770 10,893 12,963 7,669 41,243 33,371

Jiangyin Rural Commercial Bank 1,999 1,311 22,806 12,780 12,282 10,417 900 1,200 37,987 25,708

Rural Commercial Bank of Zhangjiagang 147 498 23,300 17,459 3,236 4,924 4,788 4,509 31,471 27,391

Wujiang Rural Commercial Bank - - 8,851 7,285 6,726 6,236 - - 15,577 13,520




Investment structure6Items/Banks Financial assets at fair value through profit or loss Available-for-sale financial assets Held-to-maturity investments Investment classified as receivables

% 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 8.66% 6.85% 31.79% 28.83% 54.24% 57.29% 5.32% 7.03%

China Construction Bank 9.64% 6.35% 32.23% 24.97% 48.11% 60.03% 10.02% 8.65%

Agricultural Bank of China 7.84% 9.74% 26.42% 26.92% 54.04% 50.99% 11.71% 12.35%

Bank of China 3.12% 3.31% 40.52% 30.00% 46.39% 49.81% 9.97% 16.88%

Bank of Communications 7.74% 8.37% 14.81% 15.94% 60.81% 56.21% 16.64% 19.49%


China Merchants Bank 3.86% 4.14% 26.82% 20.98% 32.88% 24.73% 36.44% 50.15%

Industrial Bank 10.77% 4.96% 17.77% 16.43% 7.59% 7.96% 63.87% 70.65%

China CITIC Bank 3.50% 1.55% 28.85% 22.09% 11.74% 10.63% 55.90% 65.73%

Shanghai Pudong Development Bank 8.30% 3.38% 29.06% 13.53% 15.31% 12.73% 47.33% 70.36%

China Minsheng Bank 4.07% 2.95% 13.91% 17.19% 29.97% 30.47% 52.05% 49.39%

China Everbright Bank 0.59% 0.62% 32.25% 24.62% 19.54% 16.85% 47.62% 57.91%

Ping An Bank 7.53% 3.32% 0.16% 0.21% 37.77% 44.75% 54.55% 51.72%

Hua Xia Bank 0.77% 3.32% 14.41% 20.50% 53.99% 54.48% 30.83% 21.69%

China Zheshang Bank 3.49% 2.07% 9.27% 9.43% 6.26% 5.58% 80.98% 82.92%

Other banks

Postal Savings Bank of China 1.99% 0.93% 33.49% 13.08% 21.25% 22.93% 43.26% 63.06%

Bank of Beijing 6.05% 3.94% 26.17% 30.53% 30.81% 35.21% 36.97% 30.32%

Bank of Shanghai 0.78% 0.78% 47.17% 27.77% 25.82% 20.32% 26.23% 51.12%

Bank of Jiangsu 0.68% 0.15% 51.80% 44.56% 20.14% 25.14% 27.38% 30.15%

Bank of Nanjing 4.84% 4.61% 31.41% 26.06% 21.44% 20.18% 42.31% 49.15%

Chongqing Rural Commercial Bank 1.71% 1.95% 34.26% 5.86% 25.70% 29.83% 38.33% 62.36%

Bank of Ningbo 1.93% 1.95% 65.58% 69.20% 9.20% 9.07% 23.28% 19.78%

Shengjing Bank 0.00% 0.46% 10.00% 8.68% 37.01% 16.43% 52.99% 74.43%

Huishang Bank 1.70% 1.18% 35.60% 41.79% 15.48% 18.34% 47.22% 38.69%

Bank of Tianjin 1.89% 2.93% 16.28% 8.78% 13.63% 15.57% 68.20% 72.72%

Bank of Hangzhou 2.29% 2.95% 63.41% 58.32% 19.20% 21.49% 15.10% 17.24%

Harbin Bank 0.88% 2.04% 9.07% 15.32% 15.72% 18.16% 74.33% 64.47%

Bank of Jinzhou 6.08% 7.44% 9.98% 9.22% 3.00% 3.69% 80.94% 79.64%

Bank of Chongqing 0.73% 2.14% 19.85% 17.55% 16.45% 12.78% 62.96% 67.53%

Bank of Zhengzhou 4.88% 11.48% 3.44% 9.90% 27.12% 21.11% 64.55% 57.51%

Bank of Guiyang 0.47% 0.95% 46.76% 43.47% 25.49% 32.93% 27.28% 22.64%

Bank of Qingdao 0.21% 0.35% 38.20% 20.19% 20.48% 26.63% 41.11% 52.83%

Wuxi Rural Commercial Bank 2.84% 3.57% 48.97% 28.98% 25.59% 55.58% 22.60% 11.87%

Changshu Rural Commercial Bank 1.07% 3.71% 38.96% 40.66% 28.54% 32.64% 31.43% 22.98%

Jiangyin Rural Commercial Bank 5.26% 5.10% 60.04% 49.71% 32.33% 40.52% 2.37% 4.67%

Rural Commercial Bank of Zhangjiagang 0.47% 1.82% 74.04% 63.74% 10.28% 17.98% 15.21% 16.46%

Wujiang Rural Commercial Bank 0.00% 0.00% 56.82% 53.88% 43.18% 46.12% 0.00% 0.00%

Jiutai Rural Commercial Bank 35.60% 34.56% 30.97% 25.84% 5.64% 3.93% 27.79% 35.66%




Items/Banks Financial assets at fair value through profit or loss Available-for-sale financial assets Held-to-maturity investments Investment classified as receivables

% 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015





Bank of China 3.12% 3.31% 40.52% 30.00% 46.39% 49.81% 9.97% 16.88%




Industrial Bank 10.77% 4.96% 17.77% 16.43% 7.59% 7.96% 63.87% 70.65%

China CITIC Bank 3.50% 1.55% 28.85% 22.09% 11.74% 10.63% 55.90% 65.73%




Ping An Bank 7.53% 3.32% 0.16% 0.21% 37.77% 44.75% 54.55% 51.72%

Hua Xia Bank 0.77% 3.32% 14.41% 20.50% 53.99% 54.48% 30.83% 21.69%


Other banks


Bank of Beijing 6.05% 3.94% 26.17% 30.53% 30.81% 35.21% 36.97% 30.32%

Bank of Shanghai 0.78% 0.78% 47.17% 27.77% 25.82% 20.32% 26.23% 51.12%

Bank of Jiangsu 0.68% 0.15% 51.80% 44.56% 20.14% 25.14% 27.38% 30.15%

Bank of Nanjing 4.84% 4.61% 31.41% 26.06% 21.44% 20.18% 42.31% 49.15%


Bank of Ningbo 1.93% 1.95% 65.58% 69.20% 9.20% 9.07% 23.28% 19.78%

Shengjing Bank 0.00% 0.46% 10.00% 8.68% 37.01% 16.43% 52.99% 74.43%

Huishang Bank 1.70% 1.18% 35.60% 41.79% 15.48% 18.34% 47.22% 38.69%

Bank of Tianjin 1.89% 2.93% 16.28% 8.78% 13.63% 15.57% 68.20% 72.72%

Bank of Hangzhou 2.29% 2.95% 63.41% 58.32% 19.20% 21.49% 15.10% 17.24%

Harbin Bank 0.88% 2.04% 9.07% 15.32% 15.72% 18.16% 74.33% 64.47%

Bank of Jinzhou 6.08% 7.44% 9.98% 9.22% 3.00% 3.69% 80.94% 79.64%



Bank of Guiyang 0.47% 0.95% 46.76% 43.47% 25.49% 32.93% 27.28% 22.64%

Bank of Qingdao 0.21% 0.35% 38.20% 20.19% 20.48% 26.63% 41.11% 52.83%









Total liabilities scale7Items/Banks Deposits from customers Due from interbanks Debt securities issued Other liabilities Total liabilities

RMB million 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 18,043,729 16,465,291 2,606,650 2,603,261 357,937 306,622 1,147,786 1,034,087 22,156,102 20,409,261

China Construction Bank 15,402,915 13,668,533 2,565,460 2,071,167 451,554 415,544 954,122 749,162 19,374,051 16,904,406

Agricultural Bank of China 15,038,001 13,538,360 1,663,897 1,687,063 388,215 382,742 1,158,357 971,343 18,248,470 16,579,508

Bank of China 12,939,748 11,729,171 1,723,319 2,627,973 362,318 282,929 1,636,412 817,919 16,661,797 15,457,992

Bank of Communications 5,047,539 4,574,079 2,231,060 1,641,239 229,515 170,106 262,645 231,846 7,770,759 6,617,270


China Merchants Bank 3,802,049 3,571,698 1,297,533 1,138,584 275,082 251,507 164,285 151,431 5,538,949 5,113,220

Industrial Bank 2,694,751 2,483,923 2,216,489 1,985,101 713,966 414,834 106,279 97,645 5,731,485 4,981,503

China CITIC Bank 3,639,290 3,182,775 1,369,561 1,226,460 386,946 289,135 150,757 104,236 5,546,554 4,802,606

Shanghai Pudong Development Bank 3,002,015 2,954,149 1,679,917 1,285,387 664,683 399,906 137,714 86,310 5,484,329 4,725,752

China Minsheng Bank 3,082,242 2,732,262 1,836,712 1,102,381 398,376 181,233 226,520 195,029 5,543,850 4,210,905

China Everbright Bank 2,120,887 1,993,843 1,154,050 675,084 412,500 210,061 81,537 64,675 3,768,974 2,943,663

Ping An Bank 1,921,835 1,733,921 483,015 337,300 263,464 212,963 82,949 61,465 2,751,263 2,345,649

Hua Xia Bank 1,368,300 1,351,663 512,964 444,859 268,184 66,893 53,814 38,801 2,203,262 1,902,216

China Zheshang Bank 736,244 516,026 394,109 354,657 114,595 89,936 42,431 21,374 1,287,379 981,993

Other banks

Postal Savings Bank of China 7,286,311 6,305,014 425,634 557,027 54,943 24,973 151,846 138,519 7,918,734 7,025,533

Bank of Beijing 1,150,904 1,022,300 475,039 484,821 301,765 174,639 44,852 46,335 1,972,560 1,728,095

Bank of Shanghai 849,073 792,679 533,326 415,616 231,080 123,939 25,673 24,072 1,639,152 1,356,306

Bank of Jiangsu 907,412 776,428 444,363 373,959 131,743 51,649 30,566 22,762 1,514,085 1,224,799

Bank of Nanjing 655,203 504,197 151,172 136,327 170,165 86,887 24,982 25,195 1,001,522 752,606


Bank of Ningbo 511,405 371,373 167,868 137,032 112,985 144,057 42,377 18,905 834,634 671,367

Shengjing Bank 415,246 402,379 341,405 165,873 87,289 78,485 15,168 13,177 859,108 659,914

Huishang Bank 462,014 359,225 131,193 142,629 91,505 79,426 16,878 12,505 701,591 593,785

Bank of Tianjin 365,471 334,691 196,689 167,811 40,632 13,904 12,764 16,014 615,555 532,420

Bank of Hangzhou 368,307 312,047 118,443 81,226 168,510 91,692 26,602 28,455 681,862 513,420

Harbin Bank 343,151 306,818 107,097 73,076 41,883 23,270 9,550 7,839 501,681 411,003

Bank of Jinzhou 262,969 170,179 170,059 140,451 30,223 1,500 32,914 23,259 496,165 335,389

Bank of Chongqing 229,594 199,299 60,351 73,236 54,598 18,491 4,749 7,489 349,292 298,515


Bank of Guiyang 262,998 180,987 33,173 10,702 48,108 28,079 5,975 4,295 350,253 224,063

Bank of Qingdao 141,605 115,322 72,419 32,917 41,786 16,314 4,542 6,069 260,352 170,622


Changshu Rural Commercial Bank 88,810 82,291 20,583 12,077 6,991 2,988 3,166 2,720 119,551 100,077

Jiangyin Rural Commercial Bank 73,641 67,653 14,619 12,247 4,105 - 2,707 3,064 95,072 82,964

Rural Commercial Bank of Zhangjiagang 65,257 56,387 14,037 14,691 613 1,997 2,823 2,136 82,729 75,210

Wujiang Rural Commercial Bank 65,388 57,188 6,431 5,589 - 499 1,650 1,516 73,470 64,793





Items/Banks Deposits from customers Due from interbanks Debt securities issued Other liabilities Total liabilities

RMB million 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015


Industrial and Commercial Bank of China 18,043,729 16,465,291 2,606,650 2,603,261 357,937 306,622 1,147,786 1,034,087 22,156,102 20,409,261

China Construction Bank 15,402,915 13,668,533 2,565,460 2,071,167 451,554 415,544 954,122 749,162 19,374,051 16,904,406

Agricultural Bank of China 15,038,001 13,538,360 1,663,897 1,687,063 388,215 382,742 1,158,357 971,343 18,248,470 16,579,508

Bank of China 12,939,748 11,729,171 1,723,319 2,627,973 362,318 282,929 1,636,412 817,919 16,661,797 15,457,992

Bank of Communications 5,047,539 4,574,079 2,231,060 1,641,239 229,515 170,106 262,645 231,846 7,770,759 6,617,270


China Merchants Bank 3,802,049 3,571,698 1,297,533 1,138,584 275,082 251,507 164,285 151,431 5,538,949 5,113,220

Industrial Bank 2,694,751 2,483,923 2,216,489 1,985,101 713,966 414,834 106,279 97,645 5,731,485 4,981,503

China CITIC Bank 3,639,290 3,182,775 1,369,561 1,226,460 386,946 289,135 150,757 104,236 5,546,554 4,802,606

Shanghai Pudong Development Bank 3,002,015 2,954,149 1,679,917 1,285,387 664,683 399,906 137,714 86,310 5,484,329 4,725,752

China Minsheng Bank 3,082,242 2,732,262 1,836,712 1,102,381 398,376 181,233 226,520 195,029 5,543,850 4,210,905

China Everbright Bank 2,120,887 1,993,843 1,154,050 675,084 412,500 210,061 81,537 64,675 3,768,974 2,943,663

Ping An Bank 1,921,835 1,733,921 483,015 337,300 263,464 212,963 82,949 61,465 2,751,263 2,345,649

Hua Xia Bank 1,368,300 1,351,663 512,964 444,859 268,184 66,893 53,814 38,801 2,203,262 1,902,216

China Zheshang Bank 736,244 516,026 394,109 354,657 114,595 89,936 42,431 21,374 1,287,379 981,993

Other banks

Postal Savings Bank of China 7,286,311 6,305,014 425,634 557,027 54,943 24,973 151,846 138,519 7,918,734 7,025,533

Bank of Beijing 1,150,904 1,022,300 475,039 484,821 301,765 174,639 44,852 46,335 1,972,560 1,728,095

Bank of Shanghai 849,073 792,679 533,326 415,616 231,080 123,939 25,673 24,072 1,639,152 1,356,306

Bank of Jiangsu 907,412 776,428 444,363 373,959 131,743 51,649 30,566 22,762 1,514,085 1,224,799

Bank of Nanjing 655,203 504,197 151,172 136,327 170,165 86,887 24,982 25,195 1,001,522 752,606


Bank of Ningbo 511,405 371,373 167,868 137,032 112,985 144,057 42,377 18,905 834,634 671,367

Shengjing Bank 415,246 402,379 341,405 165,873 87,289 78,485 15,168 13,177 859,108 659,914

Huishang Bank 462,014 359,225 131,193 142,629 91,505 79,426 16,878 12,505 701,591 593,785

Bank of Tianjin 365,471 334,691 196,689 167,811 40,632 13,904 12,764 16,014 615,555 532,420

Bank of Hangzhou 368,307 312,047 118,443 81,226 168,510 91,692 26,602 28,455 681,862 513,420

Harbin Bank 343,151 306,818 107,097 73,076 41,883 23,270 9,550 7,839 501,681 411,003

Bank of Jinzhou 262,969 170,179 170,059 140,451 30,223 1,500 32,914 23,259 496,165 335,389

Bank of Chongqing 229,594 199,299 60,351 73,236 54,598 18,491 4,749 7,489 349,292 298,515


Bank of Guiyang 262,998 180,987 33,173 10,702 48,108 28,079 5,975 4,295 350,253 224,063

Bank of Qingdao 141,605 115,322 72,419 32,917 41,786 16,314 4,542 6,069 260,352 170,622


Changshu Rural Commercial Bank 88,810 82,291 20,583 12,077 6,991 2,988 3,166 2,720 119,551 100,077

Jiangyin Rural Commercial Bank 73,641 67,653 14,619 12,247 4,105 - 2,707 3,064 95,072 82,964

Rural Commercial Bank of Zhangjiagang 65,257 56,387 14,037 14,691 613 1,997 2,823 2,136 82,729 75,210

Wujiang Rural Commercial Bank 65,388 57,188 6,431 5,589 - 499 1,650 1,516 73,470 64,793




Total liabilities structure8Items/Banks Deposits from customers Due from interbanks Debt securities issued Other liabilities

% 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015





Bank of China 77.66% 75.88% 10.34% 17.00% 2.17% 1.83% 9.82% 5.29%




Industrial Bank 47.02% 49.86% 38.67% 39.85% 12.46% 8.33% 1.85% 1.96%

China CITIC Bank 65.61% 66.27% 24.69% 25.54% 6.98% 6.02% 2.72% 2.17%




Ping An Bank 69.85% 73.92% 17.56% 14.38% 9.58% 9.08% 3.01% 2.62%

Hua Xia Bank 62.10% 71.06% 23.28% 23.39% 12.17% 3.52% 2.44% 2.04%


Other banks


Bank of Beijing 58.35% 59.16% 24.08% 28.06% 15.30% 10.11% 2.27% 2.68%

Bank of Shanghai 51.80% 58.44% 32.54% 30.64% 14.10% 9.14% 1.57% 1.77%

Bank of Jiangsu 59.93% 63.39% 29.35% 30.53% 8.70% 4.22% 2.02% 1.86%

Bank of Nanjing 65.42% 66.99% 15.09% 18.11% 16.99% 11.54% 2.49% 3.35%


Bank of Ningbo 61.27% 55.32% 20.11% 20.41% 13.54% 21.46% 5.08% 2.82%

Shengjing Bank 48.33% 60.97% 39.74% 25.14% 10.16% 11.89% 1.77% 2.00%

Huishang Bank 65.85% 60.50% 18.70% 24.02% 13.04% 13.38% 2.41% 2.11%

Bank of Tianjin 59.37% 62.86% 31.95% 31.52% 6.60% 2.61% 2.07% 3.01%

Bank of Hangzhou 54.01% 60.78% 17.37% 15.82% 24.71% 17.86% 3.90% 5.54%

Harbin Bank 68.40% 74.65% 21.35% 17.78% 8.35% 5.66% 1.90% 1.91%

Bank of Jinzhou 53.00% 50.74% 34.27% 41.88% 6.09% 0.45% 6.63% 6.93%



Bank of Guiyang 75.09% 80.78% 9.47% 4.78% 13.74% 12.53% 1.71% 1.92%

Bank of Qingdao 54.39% 67.59% 27.82% 19.29% 16.05% 9.56% 1.74% 3.56%










Items/Banks Deposits from customers Due from interbanks Debt securities issued Other liabilities

% 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015





Bank of China 77.66% 75.88% 10.34% 17.00% 2.17% 1.83% 9.82% 5.29%




Industrial Bank 47.02% 49.86% 38.67% 39.85% 12.46% 8.33% 1.85% 1.96%

China CITIC Bank 65.61% 66.27% 24.69% 25.54% 6.98% 6.02% 2.72% 2.17%




Ping An Bank 69.85% 73.92% 17.56% 14.38% 9.58% 9.08% 3.01% 2.62%

Hua Xia Bank 62.10% 71.06% 23.28% 23.39% 12.17% 3.52% 2.44% 2.04%


Other banks


Bank of Beijing 58.35% 59.16% 24.08% 28.06% 15.30% 10.11% 2.27% 2.68%

Bank of Shanghai 51.80% 58.44% 32.54% 30.64% 14.10% 9.14% 1.57% 1.77%

Bank of Jiangsu 59.93% 63.39% 29.35% 30.53% 8.70% 4.22% 2.02% 1.86%

Bank of Nanjing 65.42% 66.99% 15.09% 18.11% 16.99% 11.54% 2.49% 3.35%


Bank of Ningbo 61.27% 55.32% 20.11% 20.41% 13.54% 21.46% 5.08% 2.82%

Shengjing Bank 48.33% 60.97% 39.74% 25.14% 10.16% 11.89% 1.77% 2.00%

Huishang Bank 65.85% 60.50% 18.70% 24.02% 13.04% 13.38% 2.41% 2.11%

Bank of Tianjin 59.37% 62.86% 31.95% 31.52% 6.60% 2.61% 2.07% 3.01%

Bank of Hangzhou 54.01% 60.78% 17.37% 15.82% 24.71% 17.86% 3.90% 5.54%

Harbin Bank 68.40% 74.65% 21.35% 17.78% 8.35% 5.66% 1.90% 1.91%

Bank of Jinzhou 53.00% 50.74% 34.27% 41.88% 6.09% 0.45% 6.63% 6.93%



Bank of Guiyang 75.09% 80.78% 9.47% 4.78% 13.74% 12.53% 1.71% 1.92%

Bank of Qingdao 54.39% 67.59% 27.82% 19.29% 16.05% 9.56% 1.74% 3.56%









9 Operating income scale

Items/Banks Net interest income Net fee and commission income Investment income Other operating income Operating income

RMB million, % 2016 2015 YoY% 2016 2015 YoY% 2016 2015 YoY% 2016 2015 YoY% 2016 2015 YoY%


Industrial and Commercial Bank of China 471,846 507,867 -7% 144,973 143,391 1% 10,020 10,409 -4% 49,052 35,980 36% 675,891 697,647 -3%

China Construction Bank 417,799 457,752 -9% 118,509 113,530 4% 19,112 6,652 187% 49,670 27,263 82% 605,090 605,197 0%

Agricultural Bank of China 398,104 436,140 -9% 90,935 82,549 10% (2,060) 846 -343% 19,037 16,633 14% 506,016 536,168 -6%

Bank of China 306,048 328,650 -7% 88,664 92,410 -4% 45,148 10,666 323% 43,770 42,595 3% 483,630 474,321 2%

Bank of Communications 134,871 144,172 -6% 36,795 35,027 5% 1,468 1,877 -22% 19,995 12,752 57% 193,129 193,828 0%


China Merchants Bank 134,595 137,586 -2% 60,865 53,009 15% 11,953 6,680 79% 1,612 4,196 -62% 209,025 201,471 4%

Industrial Bank 112,319 119,834 -6% 36,552 32,190 14% 11,836 3,482 240% (3,647) (1,158) 215% 157,060 154,348 2%

China CITIC Bank 106,138 104,433 2% 42,280 35,674 19% 3,994 3,127 28% 1,369 1,900 -28% 153,781 145,134 6%

Shanghai Pudong Development Bank 108,120 113,009 -4% 40,692 27,798 46% 7,033 461 1426% 4,947 5,282 -6% 160,792 146,550 10%

China Minsheng Bank 94,684 94,268 0% 52,261 51,205 2% 1,157 4,264 -73% 7,109 4,688 52% 155,211 154,425 1%

China Everbright Bank 65,288 66,459 -2% 28,112 26,301 7% (246) 311 -179% 883 88 903% 94,037 93,159 1%

Ping An Bank 76,411 66,099 16% 27,859 26,445 5% 2,368 3,924 -40% 1,077 (305) -453% 107,715 96,163 12%

Hua Xia Bank 48,989 46,083 6% 14,656 12,372 18% 717 122 488% (337) 267 -226% 64,025 58,844 9%

China Zheshang Bank 25,229 20,586 23% 7,475 4,101 82% 735 331 122% 214 112 91% 33,653 25,130 34%

Other banks

Postal Savings Bank of China 157,586 179,259 -12% 11,498 8,672 33% 16,143 1,221 1222% 4,375 1,481 195% 189,602 190,633 -1%

Bank of Beijing 37,525 35,785 5% 9,599 7,120 35% 368 713 -48% (36) 463 -108% 47,456 44,081 8%

Bank of Shanghai 25,998 26,681 -3% 6,156 5,508 12% 1,648 1,439 15% 606 (469) -229% 34,408 33,159 4%

Bank of Jiangsu 25,245 23,971 5% 5,822 3,899 49% 23 196 -88% 269 (19) -1498% 31,359 28,047 12%

Bank of Nanjing 21,230 18,829 13% 3,823 3,253 18% 1,364 1,041 31% 205 (293) -170% 26,621 22,830 17%

Chongqing Rural Commercial Bank 19,405 20,166 -4% 2,118 1,495 42% (16) 20 -178% 154 208 -26% 21,662 21,889 -1%

Bank of Ningbo 17,060 15,617 9% 6,047 3,990 52% 943 398 137% (405) (489) -17% 23,645 19,516 21%

Shengjing Bank 13,218 11,949 11% 1,914 1,204 59% 1,083 582 86% (101) 449 -122% 16,114 14,184 14%

Huishang Bank 18,340 14,843 24% 2,491 1,771 41% 156 354 -56% 76 97 -22% 21,062 17,065 23%

Bank of Tianjin 10,359 10,679 -3% 1,402 996 41% 63 52 21% (10) 195 -105% 11,815 11,922 -1%

Bank of Hangzhou 11,697 11,037 6% 2,063 1,189 74% 196 240 -18% (223) (62) 260% 13,733 12,404 11%

Harbin Bank 11,573 9,633 20% 2,393 1,959 22% (61) 191 -132% 267 162 65% 14,172 11,945 19%

Bank of Jinzhou 15,448 10,804 43% 809 501 62% 61 107 -43% 95 106 -10% 16,414 11,517 43%

Bank of Chongqing 7,677 7,002 10% 1,926 1,512 27% (50) 14 -472% 50 65 -23% 9,603 8,593 12%

Bank of Zhengzhou 8,300 6,907 20% 1,214 713 70% 208 27 681% 258 215 20% 9,980 7,861 27%

Bank of Guiyang 8,401 6,826 23% 1,420 674 111% 330 178 85% 8 27 -69% 10,159 7,705 32%

Bank of Qingdao 5,008 4,114 22% 888 750 18% 45 68 -33% 55 74 -26% 5,996 5,006 20%

Wuxi Rural Commercial Bank 2,314 2,163 7% 180 160 12% 43 51 -16% (15) 22 -169% 2,522 2,397 5%

Changshu Rural Commercial Bank 4,014 3,168 27% 298 51 484% 146 238 -39% 17 35 -51% 4,475 3,492 28%

Jiangyin Rural Commercial Bank 2,262 2,371 -5% 50 54 -8% 146 29 404% 12 51 -77% 2,469 2,504 -1%

Rural Commercial Bank of Zhangjiagang 1,981 2,000 -1% 125 92 36% 310 288 8% 13 26 -49% 2,429 2,406 1%

Wujiang Rural Commercial Bank 2,143 2,238 -4% 63 53 20% 80 65 23% 20 13 49% 2,306 2,368 -3%

Jiutai Rural Commercial Bank 4,533 3,372 34% 748 223 235% 622 546 14% 51 127 -60% 5,954 4,268 40%




Items/Banks Net interest income Net fee and commission income Investment income Other operating income Operating income

RMB million, % 2016 2015 YoY% 2016 2015 YoY% 2016 2015 YoY% 2016 2015 YoY% 2016 2015 YoY%


Industrial and Commercial Bank of China 471,846 507,867 -7% 144,973 143,391 1% 10,020 10,409 -4% 49,052 35,980 36% 675,891 697,647 -3%

China Construction Bank 417,799 457,752 -9% 118,509 113,530 4% 19,112 6,652 187% 49,670 27,263 82% 605,090 605,197 0%

Agricultural Bank of China 398,104 436,140 -9% 90,935 82,549 10% (2,060) 846 -343% 19,037 16,633 14% 506,016 536,168 -6%

Bank of China 306,048 328,650 -7% 88,664 92,410 -4% 45,148 10,666 323% 43,770 42,595 3% 483,630 474,321 2%

Bank of Communications 134,871 144,172 -6% 36,795 35,027 5% 1,468 1,877 -22% 19,995 12,752 57% 193,129 193,828 0%


China Merchants Bank 134,595 137,586 -2% 60,865 53,009 15% 11,953 6,680 79% 1,612 4,196 -62% 209,025 201,471 4%

Industrial Bank 112,319 119,834 -6% 36,552 32,190 14% 11,836 3,482 240% (3,647) (1,158) 215% 157,060 154,348 2%

China CITIC Bank 106,138 104,433 2% 42,280 35,674 19% 3,994 3,127 28% 1,369 1,900 -28% 153,781 145,134 6%

Shanghai Pudong Development Bank 108,120 113,009 -4% 40,692 27,798 46% 7,033 461 1426% 4,947 5,282 -6% 160,792 146,550 10%

China Minsheng Bank 94,684 94,268 0% 52,261 51,205 2% 1,157 4,264 -73% 7,109 4,688 52% 155,211 154,425 1%

China Everbright Bank 65,288 66,459 -2% 28,112 26,301 7% (246) 311 -179% 883 88 903% 94,037 93,159 1%

Ping An Bank 76,411 66,099 16% 27,859 26,445 5% 2,368 3,924 -40% 1,077 (305) -453% 107,715 96,163 12%

Hua Xia Bank 48,989 46,083 6% 14,656 12,372 18% 717 122 488% (337) 267 -226% 64,025 58,844 9%

China Zheshang Bank 25,229 20,586 23% 7,475 4,101 82% 735 331 122% 214 112 91% 33,653 25,130 34%

Other banks

Postal Savings Bank of China 157,586 179,259 -12% 11,498 8,672 33% 16,143 1,221 1222% 4,375 1,481 195% 189,602 190,633 -1%

Bank of Beijing 37,525 35,785 5% 9,599 7,120 35% 368 713 -48% (36) 463 -108% 47,456 44,081 8%

Bank of Shanghai 25,998 26,681 -3% 6,156 5,508 12% 1,648 1,439 15% 606 (469) -229% 34,408 33,159 4%

Bank of Jiangsu 25,245 23,971 5% 5,822 3,899 49% 23 196 -88% 269 (19) -1498% 31,359 28,047 12%

Bank of Nanjing 21,230 18,829 13% 3,823 3,253 18% 1,364 1,041 31% 205 (293) -170% 26,621 22,830 17%

Chongqing Rural Commercial Bank 19,405 20,166 -4% 2,118 1,495 42% (16) 20 -178% 154 208 -26% 21,662 21,889 -1%

Bank of Ningbo 17,060 15,617 9% 6,047 3,990 52% 943 398 137% (405) (489) -17% 23,645 19,516 21%

Shengjing Bank 13,218 11,949 11% 1,914 1,204 59% 1,083 582 86% (101) 449 -122% 16,114 14,184 14%

Huishang Bank 18,340 14,843 24% 2,491 1,771 41% 156 354 -56% 76 97 -22% 21,062 17,065 23%

Bank of Tianjin 10,359 10,679 -3% 1,402 996 41% 63 52 21% (10) 195 -105% 11,815 11,922 -1%

Bank of Hangzhou 11,697 11,037 6% 2,063 1,189 74% 196 240 -18% (223) (62) 260% 13,733 12,404 11%

Harbin Bank 11,573 9,633 20% 2,393 1,959 22% (61) 191 -132% 267 162 65% 14,172 11,945 19%

Bank of Jinzhou 15,448 10,804 43% 809 501 62% 61 107 -43% 95 106 -10% 16,414 11,517 43%

Bank of Chongqing 7,677 7,002 10% 1,926 1,512 27% (50) 14 -472% 50 65 -23% 9,603 8,593 12%

Bank of Zhengzhou 8,300 6,907 20% 1,214 713 70% 208 27 681% 258 215 20% 9,980 7,861 27%

Bank of Guiyang 8,401 6,826 23% 1,420 674 111% 330 178 85% 8 27 -69% 10,159 7,705 32%

Bank of Qingdao 5,008 4,114 22% 888 750 18% 45 68 -33% 55 74 -26% 5,996 5,006 20%

Wuxi Rural Commercial Bank 2,314 2,163 7% 180 160 12% 43 51 -16% (15) 22 -169% 2,522 2,397 5%

Changshu Rural Commercial Bank 4,014 3,168 27% 298 51 484% 146 238 -39% 17 35 -51% 4,475 3,492 28%

Jiangyin Rural Commercial Bank 2,262 2,371 -5% 50 54 -8% 146 29 404% 12 51 -77% 2,469 2,504 -1%

Rural Commercial Bank of Zhangjiagang 1,981 2,000 -1% 125 92 36% 310 288 8% 13 26 -49% 2,429 2,406 1%

Wujiang Rural Commercial Bank 2,143 2,238 -4% 63 53 20% 80 65 23% 20 13 49% 2,306 2,368 -3%

Jiutai Rural Commercial Bank 4,533 3,372 34% 748 223 235% 622 546 14% 51 127 -60% 5,954 4,268 40%



10 Operating income structure

Items/Banks Net interest income Net fee and commission income Investment income Other operating income

% 2016 2015 2016 2015 2016 2015 2016 2015




Agricultural Bank of China 78.67% 81.34% 17.97% 15.40% -0.41% 0.16% 3.76% 3.10%

Bank of China 63.28% 69.29% 18.33% 19.48% 9.34% 2.25% 9.05% 8.98%




Industrial Bank 71.51% 77.64% 23.27% 20.86% 7.54% 2.26% -2.32% -0.75%

China CITIC Bank 69.02% 71.96% 27.49% 24.58% 2.60% 2.15% 0.89% 1.31%



China Everbright Bank 69.43% 71.34% 29.89% 28.23% -0.26% 0.33% 0.94% 0.09%

Ping An Bank 70.94% 68.74% 25.86% 27.50% 2.20% 4.08% 1.00% -0.32%

Hua Xia Bank 76.52% 78.31% 22.89% 21.03% 1.12% 0.21% -0.53% 0.45%

China Zheshang Bnak 74.97% 81.92% 22.21% 16.32% 2.19% 1.32% 0.64% 0.45%

Other banks


Bank of Beijing 79.07% 81.18% 20.23% 16.15% 0.78% 1.62% -0.08% 1.05%

Bank of Shanghai 75.56% 80.46% 17.89% 16.61% 4.79% 4.34% 1.76% -1.41%

Bank of Jiangsu 80.50% 85.47% 18.56% 13.90% 0.07% 0.70% 0.86% -0.07%

Bank of Nanjing 79.75% 82.47% 14.36% 14.25% 5.12% 4.56% 0.77% -1.28%

Chongqing Rural Commercial Bank 89.58% 92.13% 9.78% 6.83% -0.07% 0.09% 0.71% 0.95%

Bank of Ningbo 72.15% 80.02% 25.57% 20.44% 3.99% 2.04% -1.71% -2.50%

Shengjing Bank 82.03% 84.24% 11.88% 8.49% 6.72% 4.10% -0.63% 3.17%

Huishang Bank 87.07% 86.98% 11.83% 10.38% 0.74% 2.08% 0.36% 0.57%

Bank of Tianjin 87.68% 89.57% 11.87% 8.35% 0.54% 0.44% -0.08% 1.64%

Bank of Hangzhou 85.17% 88.98% 15.02% 9.59% 1.43% 1.93% -1.62% -0.50%

Harbin Bank 81.66% 80.64% 16.89% 16.40% -0.43% 1.60% 1.88% 1.36%

Bank of Jinzhou 94.12% 93.81% 4.93% 4.35% 0.37% 0.92% 0.58% 0.92%

Bank of Chongqing 79.95% 81.49% 20.06% 17.60% -0.52% 0.16% 0.52% 0.76%


Bank of Guiyang 82.69% 88.59% 13.98% 8.75% 3.25% 2.31% 0.08% 0.35%

Bank of Qingdao 83.52% 82.19% 14.81% 14.98% 0.76% 1.36% 0.91% 1.48%

Wuxi Rural Commercial Bank 91.78% 90.27% 7.13% 6.69% 1.70% 2.13% -0.60% 0.91%









Items/Banks Net interest income Net fee and commission income Investment income Other operating income

% 2016 2015 2016 2015 2016 2015 2016 2015




Agricultural Bank of China 78.67% 81.34% 17.97% 15.40% -0.41% 0.16% 3.76% 3.10%

Bank of China 63.28% 69.29% 18.33% 19.48% 9.34% 2.25% 9.05% 8.98%




Industrial Bank 71.51% 77.64% 23.27% 20.86% 7.54% 2.26% -2.32% -0.75%

China CITIC Bank 69.02% 71.96% 27.49% 24.58% 2.60% 2.15% 0.89% 1.31%



China Everbright Bank 69.43% 71.34% 29.89% 28.23% -0.26% 0.33% 0.94% 0.09%

Ping An Bank 70.94% 68.74% 25.86% 27.50% 2.20% 4.08% 1.00% -0.32%

Hua Xia Bank 76.52% 78.31% 22.89% 21.03% 1.12% 0.21% -0.53% 0.45%

China Zheshang Bnak 74.97% 81.92% 22.21% 16.32% 2.19% 1.32% 0.64% 0.45%

Other banks


Bank of Beijing 79.07% 81.18% 20.23% 16.15% 0.78% 1.62% -0.08% 1.05%

Bank of Shanghai 75.56% 80.46% 17.89% 16.61% 4.79% 4.34% 1.76% -1.41%

Bank of Jiangsu 80.50% 85.47% 18.56% 13.90% 0.07% 0.70% 0.86% -0.07%

Bank of Nanjing 79.75% 82.47% 14.36% 14.25% 5.12% 4.56% 0.77% -1.28%

Chongqing Rural Commercial Bank 89.58% 92.13% 9.78% 6.83% -0.07% 0.09% 0.71% 0.95%

Bank of Ningbo 72.15% 80.02% 25.57% 20.44% 3.99% 2.04% -1.71% -2.50%

Shengjing Bank 82.03% 84.24% 11.88% 8.49% 6.72% 4.10% -0.63% 3.17%

Huishang Bank 87.07% 86.98% 11.83% 10.38% 0.74% 2.08% 0.36% 0.57%

Bank of Tianjin 87.68% 89.57% 11.87% 8.35% 0.54% 0.44% -0.08% 1.64%

Bank of Hangzhou 85.17% 88.98% 15.02% 9.59% 1.43% 1.93% -1.62% -0.50%

Harbin Bank 81.66% 80.64% 16.89% 16.40% -0.43% 1.60% 1.88% 1.36%

Bank of Jinzhou 94.12% 93.81% 4.93% 4.35% 0.37% 0.92% 0.58% 0.92%

Bank of Chongqing 79.95% 81.49% 20.06% 17.60% -0.52% 0.16% 0.52% 0.76%


Bank of Guiyang 82.69% 88.59% 13.98% 8.75% 3.25% 2.31% 0.08% 0.35%

Bank of Qingdao 83.52% 82.19% 14.81% 14.98% 0.76% 1.36% 0.91% 1.48%

Wuxi Rural Commercial Bank 91.78% 90.27% 7.13% 6.69% 1.70% 2.13% -0.60% 0.91%








11 Operating expenses scale

Items/Banks General and administrative expenses Impairment losses on assets Other operating expenses Total operating expenses

% 2016 2015 YoY% 2016 2015 YoY% 2016 2015 YoY% 2016 2015 YoY%


Industrial and Commercial Bank of China 175,156 177,823 -1% 87,894 86,993 1% 52,526 73,296 -28% 315,576 338,112 -7%

China Construction Bank 152,820 157,380 -3% 93,204 93,639 0% 66,677 58,088 15% 312,701 309,107 1%

Agricultural Bank of China 175,013 178,443 -2% 86,446 84,172 3% 19,962 40,682 -51% 281,421 303,297 -7%

Bank of China 135,820 134,213 1% 89,072 59,274 50% 38,727 50,458 -23% 263,619 243,945 8%

Bank of Communications 60,289 58,011 4% 30,212 28,914 4% 17,278 21,191 -18% 107,779 108,116 0%


China Merchants Bank 58,538 55,741 5% 66,159 59,266 12% 6,610 12,216 -46% 131,307 127,223 3%

Industrial Bank 36,401 32,849 11% 51,276 45,260 13% 6,001 13,429 -55% 93,678 91,538 2%

China CITIC Bank 42,377 40,427 5% 52,288 40,037 31% 4,487 10,033 -55% 99,152 90,497 10%

Shanghai Pudong Development Bank 37,238 32,034 16% 49,104 38,795 27% 4,790 9,654 -50% 91,132 80,483 13%

China Minsheng Bank 48,086 48,208 0% 41,378 34,801 19% 5,581 11,166 -50% 95,045 94,175 1%

China Everbright Bank 27,057 25,070 8% 23,931 21,652 11% 3,112 7,197 -57% 54,100 53,919 0%

Ping An Bank 27,973 30,112 -7% 46,518 30,485 53% 3,445 6,671 -48% 77,936 67,268 16%

Hua Xia Bank 22,086 20,466 8% 13,865 8,979 54% 1,955 4,465 -56% 37,906 33,910 12%

China Zheshang Bank 9,325 6,952 34% 10,278 7,493 37% 658 1,305 -50% 20,262 15,750 29%

Other banks

Postal Savings Bank of China 125,978 115,724 9% 16,902 25,635 -34% 3,794 7,886 -52% 146,674 149,245 -2%

Bank of Beijing 12,247 11,014 11% 11,547 9,208 25% 1,331 2,823 -53% 25,125 23,045 9%

Bank of Shanghai 7,875 7,622 3% 9,576 7,834 22% 744 1,784 -58% 18,195 17,240 6%

Bank of Jiangsu 9,161 8,237 11% 7,779 5,773 35% 950 1,993 -52% 17,890 16,002 12%

Bank of Nanjing 6,602 5,502 20% 8,456 6,612 28% 1,050 1,738 -40% 16,109 13,852 16%

Chongqing Rural Commercial Bank 7,788 7,592 3% 2,677 3,236 -17% 663 1,484 -55% 11,128 12,312 -10%

Bank of Ningbo 8,101 6,641 22% 5,321 3,781 41% 570 1,076 -47% 13,992 11,498 22%

Shengjing Bank 3,112 2,701 15% 3,675 1,956 88% 619 1,401 -56% 7,406 6,058 22%

Huishang Bank 5,113 4,079 25% 6,487 3,656 77% 650 1,357 -52% 12,250 9,092 35%

Bank of Tianjin 3,251 2,681 21% 2,353 1,758 34% 517 1,136 -55% 6,121 5,575 10%

Bank of Hangzhou 4,151 3,911 6% 4,479 3,103 44% 382 893 -57% 9,012 7,907 14%

Harbin Bank 4,054 3,793 7% 3,295 1,338 146% 468 944 -50% 7,817 6,075 29%

Bank of Jinzhou 2,430 2,231 9% 2,785 2,297 21% 328 494 -34% 5,543 5,022 10%

Bank of Chongqing 2,278 2,637 -14% 2,411 1,135 112% 260 553 -53% 4,948 4,325 14%

Bank of Zhengzhou 2,222 1,829 21% 2,346 1,298 81% 212 424 -50% 4,781 3,550 35%

Bank of Guiyang 2,601 2,036 28% 3,113 1,198 160% 248 578 -57% 5,962 3,813 56%

Bank of Qingdao 2,081 1,792 16% 1,109 580 91% 132 284 -54% 3,322 2,656 25%

Wuxi Rural Commercial Bank 817 773 6% 544 381 43% 65 145 -55% 1,426 1,298 10%

Changshu Rural Commercial Bank 1,674 1,209 38% 1,444 912 58% 71 165 -57% 3,188 2,286 39%

Jiangyin Rural Commercial Bank 888 791 12% 714 692 3% 54 134 -60% 1,655 1,617 2%

Rural Commercial Bank of Zhangjiagang 905 847 7% 811 752 8% 48 101 -52% 1,764 1,700 4%

Wujiang Rural Commercial Bank 785 749 5% 689 767 -10% 43 99 -56% 1,517 1,616 -6%

Jiutai Rural Commercial Bank 2,478 1,858 33% 383 350 9% 130 186 -30% 2,991 2,394 25%




Items/Banks General and administrative expenses Impairment losses on assets Other operating expenses Total operating expenses

% 2016 2015 YoY% 2016 2015 YoY% 2016 2015 YoY% 2016 2015 YoY%


Industrial and Commercial Bank of China 175,156 177,823 -1% 87,894 86,993 1% 52,526 73,296 -28% 315,576 338,112 -7%

China Construction Bank 152,820 157,380 -3% 93,204 93,639 0% 66,677 58,088 15% 312,701 309,107 1%

Agricultural Bank of China 175,013 178,443 -2% 86,446 84,172 3% 19,962 40,682 -51% 281,421 303,297 -7%

Bank of China 135,820 134,213 1% 89,072 59,274 50% 38,727 50,458 -23% 263,619 243,945 8%

Bank of Communications 60,289 58,011 4% 30,212 28,914 4% 17,278 21,191 -18% 107,779 108,116 0%


China Merchants Bank 58,538 55,741 5% 66,159 59,266 12% 6,610 12,216 -46% 131,307 127,223 3%

Industrial Bank 36,401 32,849 11% 51,276 45,260 13% 6,001 13,429 -55% 93,678 91,538 2%

China CITIC Bank 42,377 40,427 5% 52,288 40,037 31% 4,487 10,033 -55% 99,152 90,497 10%

Shanghai Pudong Development Bank 37,238 32,034 16% 49,104 38,795 27% 4,790 9,654 -50% 91,132 80,483 13%

China Minsheng Bank 48,086 48,208 0% 41,378 34,801 19% 5,581 11,166 -50% 95,045 94,175 1%

China Everbright Bank 27,057 25,070 8% 23,931 21,652 11% 3,112 7,197 -57% 54,100 53,919 0%

Ping An Bank 27,973 30,112 -7% 46,518 30,485 53% 3,445 6,671 -48% 77,936 67,268 16%

Hua Xia Bank 22,086 20,466 8% 13,865 8,979 54% 1,955 4,465 -56% 37,906 33,910 12%

China Zheshang Bank 9,325 6,952 34% 10,278 7,493 37% 658 1,305 -50% 20,262 15,750 29%

Other banks

Postal Savings Bank of China 125,978 115,724 9% 16,902 25,635 -34% 3,794 7,886 -52% 146,674 149,245 -2%

Bank of Beijing 12,247 11,014 11% 11,547 9,208 25% 1,331 2,823 -53% 25,125 23,045 9%

Bank of Shanghai 7,875 7,622 3% 9,576 7,834 22% 744 1,784 -58% 18,195 17,240 6%

Bank of Jiangsu 9,161 8,237 11% 7,779 5,773 35% 950 1,993 -52% 17,890 16,002 12%

Bank of Nanjing 6,602 5,502 20% 8,456 6,612 28% 1,050 1,738 -40% 16,109 13,852 16%

Chongqing Rural Commercial Bank 7,788 7,592 3% 2,677 3,236 -17% 663 1,484 -55% 11,128 12,312 -10%

Bank of Ningbo 8,101 6,641 22% 5,321 3,781 41% 570 1,076 -47% 13,992 11,498 22%

Shengjing Bank 3,112 2,701 15% 3,675 1,956 88% 619 1,401 -56% 7,406 6,058 22%

Huishang Bank 5,113 4,079 25% 6,487 3,656 77% 650 1,357 -52% 12,250 9,092 35%

Bank of Tianjin 3,251 2,681 21% 2,353 1,758 34% 517 1,136 -55% 6,121 5,575 10%

Bank of Hangzhou 4,151 3,911 6% 4,479 3,103 44% 382 893 -57% 9,012 7,907 14%

Harbin Bank 4,054 3,793 7% 3,295 1,338 146% 468 944 -50% 7,817 6,075 29%

Bank of Jinzhou 2,430 2,231 9% 2,785 2,297 21% 328 494 -34% 5,543 5,022 10%

Bank of Chongqing 2,278 2,637 -14% 2,411 1,135 112% 260 553 -53% 4,948 4,325 14%

Bank of Zhengzhou 2,222 1,829 21% 2,346 1,298 81% 212 424 -50% 4,781 3,550 35%

Bank of Guiyang 2,601 2,036 28% 3,113 1,198 160% 248 578 -57% 5,962 3,813 56%

Bank of Qingdao 2,081 1,792 16% 1,109 580 91% 132 284 -54% 3,322 2,656 25%

Wuxi Rural Commercial Bank 817 773 6% 544 381 43% 65 145 -55% 1,426 1,298 10%

Changshu Rural Commercial Bank 1,674 1,209 38% 1,444 912 58% 71 165 -57% 3,188 2,286 39%

Jiangyin Rural Commercial Bank 888 791 12% 714 692 3% 54 134 -60% 1,655 1,617 2%

Rural Commercial Bank of Zhangjiagang 905 847 7% 811 752 8% 48 101 -52% 1,764 1,700 4%

Wujiang Rural Commercial Bank 785 749 5% 689 767 -10% 43 99 -56% 1,517 1,616 -6%

Jiutai Rural Commercial Bank 2,478 1,858 33% 383 350 9% 130 186 -30% 2,991 2,394 25%



12 Operating expenses structure


Items/Banks General and administrative Impairment losses on assets Other operating expenses

% 2016年 2015年 2016年 2015年 2016年 2015年


Industrial and Commercial Bank of China 55.50% 52.59% 27.85% 25.73% 16.64% 21.68%

China Construction Bank 48.87% 50.91% 29.81% 30.29% 21.32% 18.79%

Agricultural Bank of China 62.19% 58.83% 30.72% 27.75% 7.09% 13.41%

Bank of China 51.52% 55.02% 33.79% 24.30% 14.69% 20.68%

Bank of Communications 55.94% 53.66% 28.03% 26.74% 16.03% 19.60%


China Merchants Bank 44.58% 43.81% 50.38% 46.58% 5.03% 9.60%

Industrial Bank 38.86% 35.89% 54.74% 49.44% 6.41% 14.67%

China CITIC Bank 42.74% 44.67% 52.74% 44.24% 4.53% 11.09%

Shanghai Pudong Development Bank 40.86% 39.80% 53.88% 48.20% 5.26% 12.00%

China Minsheng Bank 50.59% 51.19% 43.54% 36.95% 5.87% 11.86%

China Everbright Bank 50.01% 46.50% 44.23% 40.16% 5.75% 13.35%

Ping An Bank 35.89% 44.76% 59.69% 45.32% 4.42% 9.92%

Hua Xia Bank 58.27% 60.35% 36.58% 26.48% 5.16% 13.17%

China Zheshang Bank 46.02% 44.14% 50.73% 47.57% 3.25% 8.29%

Other banks

Postal Savings Bank of China 85.89% 77.54% 11.52% 17.18% 2.59% 5.28%

Bank of Beijing 48.74% 47.79% 45.96% 39.96% 5.30% 12.25%

Bank of Shanghai 43.28% 44.21% 52.63% 45.44% 4.09% 10.35%

Bank of Jiangsu 51.21% 51.47% 43.48% 36.07% 5.31% 12.45%

Bank of Nanjing 40.98% 39.72% 52.49% 47.73% 6.52% 12.55%

Chongqing Rural Commercial Bank 69.99% 61.66% 24.05% 26.28% 5.96% 12.05%

Bank of Ningbo 57.90% 57.76% 38.03% 32.88% 4.08% 9.36%

Shengjing Bank 42.02% 44.59% 49.63% 32.29% 8.36% 23.13%

Huishang Bank 41.74% 44.86% 52.95% 40.21% 5.30% 14.93%

Bank of Tianjin 53.11% 48.09% 38.44% 31.53% 8.44% 20.38%

Bank of Hangzhou 46.06% 49.46% 49.70% 39.24% 4.24% 11.29%

Harbin Bank 51.86% 62.44% 42.15% 22.02% 5.99% 15.54%

Bank of Jinzhou 43.83% 44.42% 50.24% 45.74% 5.92% 9.84%

Bank of Chongqing 46.03% 60.97% 48.73% 26.24% 5.25% 12.79%

Bank of Zhengzhou 46.48% 51.52% 49.08% 36.55% 4.44% 11.94%

Bank of Guiyang 43.62% 53.41% 52.21% 31.42% 4.17% 15.17%

Bank of Qingdao 62.64% 67.47% 33.38% 21.84% 3.97% 10.69%

Wuxi Rural Commercial Bank 57.30% 59.51% 38.14% 29.31% 4.56% 11.18%

Changshu Rural CommercialBank 52.50% 52.90% 45.29% 39.87% 2.21% 7.24%

Jiangyin Rural Commercial Bank 53.64% 48.93% 43.12% 42.77% 3.25% 8.30%

Rural Commercial Bank of Zhangjiagang 51.29% 49.83% 45.98% 44.24% 2.73% 5.93%

Wujiang Rural Commercial Bank 51.72% 46.36% 45.41% 47.50% 2.87% 6.14%

Jiutai Rural Commercial Bank 82.85% 77.61% 12.81% 14.62% 4.35% 7.77%



Operating expenses structure




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Publication date: May 2017

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