China Banking Corporation (China Bank)
China Bank posted a consolidated net income of Php5.0 billion for full year 2011, translating to a creditable return on equity of 13.7% and a return on assets of 2.0%. The bank’s gross loan portfolio grew by 32% to Php 150.0 billion, with its NPL ratio improving to 2.9% in 2011 from 3.9% in 2010.
Total resources amounted to Php262.2 billion while total deposits reached Php216.1 billion. China Bank’s total capital funds reached Php39.3 billion in 2011, 10.8% more than in 2010. Its financial position remains solid with a CAR of 17.8%. - https://www.affordablecebu.com/
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"China Bank reports PhP5.0 billion net income in 2011" was written by Mary under the Banking category. It has been read 2251 times and generated 1 comments. The article was created on 07 March 2012 and updated on 07 March 2012.
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