Jinshang Bank Co., Ltd. Announces Earnings Results for the Year Ended December 31, 2020
March 26, 2021 at 10:54 am EDT
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Jinshang Bank Co., Ltd. announced earnings results for the year ended December 31, 2020. For the year, the company reported Net interest income was RMB 3,440.7 million compared to RMB 3,259.0 million a year ago. Operating income was RMB 4,868.0 million compared to RMB 5,088.9 million a year ago. Net profit for the period was RMB 1,570.9 million compared to RMB 1,482.4 million a year ago. Basic Earnings per share was RMB 0.27 compared to RMB 0.28 a year ago.
JINSHANG BANK CO., LTD. is a China-based company mainly engaged in banking business. The Company operates three segments. The Corporate Banking segment provides a range of financial products and services to corporations, government agencies and financial institutions, including corporate loans and advances, trade financing, deposit services, agency services, wealth management services, remittance and settlement services and others. The Retail Banking segment provides a range of financial products and services to retail customers, including personal loans, deposit services, personal wealth management services and remittance services. The Treasury segment is engaged in interbank lending transactions, repurchase transactions, interbank investments, bond investments and trading. The Company conducts its businesses in Shanxi, China.
JINSHANG BANK CO., LTD. 
