Basic Figures
As of 2006, ICBC has 2.5 million corporate customers and 150 million individual customers. In 2005, net profit was up 12.4% to RMB 33.7 billion, and the total loan balance was RMB 3,289.5 billion. Total liabilities are RMB 6,196.2 billion, up 11.2%. Delinquent or non-performing loans (NPL) total RMB 154.4 billion, a significant reduction although the figures are widely regarded as being somewhat higher than officially stated. It has an NPL ratio of 4.69% and a capital adequacy ratio of 9.89%.
As of June 29, 2009, ICBC is ranked the 17th largest bank in the world by assets and 8th in the world by tier 1 capital. In July 2007 it was ranked 30th in the world in terms of revenue.
Read more about this topic: Industrial And Commercial Bank Of China
Famous quotes containing the words basic and/or figures:
“The basic thing nobody asks is why do people take drugs of any sort?... Why do we have these accessories to normal living to live? I mean, is there something wrong with society that’s making us so pressurized, that we cannot live without guarding ourselves against it?”
—John Lennon (1940–1980)
“It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)