BEIJING, March 31 (Xinhua) -- Industrial Bank Co., Ltd., one of the first batch of joint-stock commercial banks on the Chinese mainland, saw its net profits rise 1.15 percent in 2020.
Its net profit attributable to shareholders reached 66.63 billion yuan (about 10.15 billion U.S. dollars) last year, Industrial Bank said in a report filed to the Shanghai Stock Exchange.
The bank's operating revenue grew 12.04 percent year on year in 2020, the report said.
Meanwhile, the bank's non-performing loan ratio at the end of last year stood at a five-year low of 1.25 percent, down 0.29 percentage points from 2019. Enditem
