Bank three quarterly results yesterday (27th) night debut. Benefit from the contribution of net interest income, the Bank’s third quarter profit of 38.416 billion yuan, an increase of more than 30%. Deputy Governor of the Bank of communications, said results Conference Qian Wen, in the face of some cities fall in house prices is the case, real estate loan risk of cross-line control. At the same time, the Bank actively communicate with the competent departments, applications, bid to become the first bank to issue small business financial bond.

　　Bank of communications three quarterly reports show that as at the end, the Bank’s total assets reached RMB 4,362,297,000,000 yuan, 10.39% over the beginning of growth. In January-September this year, the Bank achieved a net profit attributable to the shareholders of listed companies of 38.416 billion yuan, up by 30.06%; basic earnings per share of $ 0.62. Bank says profit growth factors, on the one hand to accrue assets growth and interest rate differentials expanded to promote growth in net interest income. The other hand is a business transformation results, rapid development of intermediate business.

　　Part in some areas for the current decline in real estate transactions, real estate prices fall, Qian Wen said that at present the Bank’s real estate loan quality remains stable. 6.2% in the third quarter of the Bank’s real estate loans accounting for loans, compared to previous slightly down, are at a low level compared with the industry. According to the estimates, development loan balance if less than 8% per cent for public loan balance, the risk is manageable.

　　Qian Wen said that the Bank is preparing to issue smaller micro-enterprise financial bond, bid to become the first issued by the Bank. At present, has set up a working body drafting the relevant programmes.　Meanwhile, the Bank is trying to increase the tolerance of bad loans for small micro-enterprises, believe that the amount of bad loans would not increase significantly.

　　As at the end of the third quarter, Bank of year average annualised rate of return on average assets and shareholders ‘ return on equity and 1.23%, respectively, representing a year level respectively increased three and 0.15; margins and net interest yield and 2.49%, respectively, increase respectively over the same period, 12 and 14 basis points. The first 9 months, impairment of Bank loan balance was RMB 23.593 billion, representing a reduced 1.395 billion yuan at the beginning, YOY 5.58%; impairment of loans ratio stood at 0.94%, over the beginning of decline 0.18%; set aside coverage of 228.94%, over the beginning of 43.1%.

　　Noteworthy is that the core capital ratio of bank capital adequacy and a double drop. As at the end of the third quarter, the Bank’s capital adequacy ratio were 11.89%, the core capital ratio is 9.24%, fell in the first half and 0.31%, respectively. (Reporter Wu Shanyang)