On April 21, Jiutai Rural Commercial Bank publishes annual report of 2016, annual report shows, in 2016, total operating income of  Jiutai Rural Commercial Bank was RMB 5954.1 million Yuan, was increased 39.5% than RMB 4267.9 million Yuan of 2015. Retained profits was increased 65.2% from RMB 1402.2 million Yuan of 2015 to 2315.8 million Yuan of 2016.

Jiutai Rural Commercial Bank shows, in the ordeal of answering economic and financial policy adjustment and market fierce competition, Jiutai Rural Commercial Bank seeks improvement in stability, forges ahead with determination, the effects of various operation and management work are remarkable.

Profitability Promotion Supports Performance Growth

By means of acquisition and reorganization and cross-regional operation pattern, Jiutai Rural Commercial Bank has built the strategic layout of keeping a foothold in Jilin Province, radiating Beijing-Tianjin-Hebei Region Economic Circle, Yangtze River Economic Zone and Pearl River Delta Economic Belt, up to December 31, 2016, Jiutai Rural Commercial Bank has set up 395 sales network in 10 Provinces and Direct-controlled Municipality in the whole nation. Multi-term of indexes indicate, the high of asset in profit margins of Jiutai Rural Commercial Bank and the lifting of profitability. According to the data display of the annual report, its return on assets, return of equity was lifted from 1.25%, 14.24% 0f 2015 to 1.39%, 18.11% respectively.

Risk Control Is Enhanced Constantly, Quality of Assets Is Stable

Jiutai Rural Commercial Bank carries out careful risk management strategy and strict inner control mechanism, continually keeps excellent quality of assets. The data of annual report shows, non-performing loan ratio of Jiutai Rural Commercial Bank (The non-merger caliber) in 2016 was 1.27%, year-on-year decrease 0.01 percent point, provision coverage was 205.50%.