On August 28, financial frontline news reported that CBHB released its interim results today. Data shows that as of the end of the reporting period, the bank's total assets reached 2,028.161 billion yuan, an increase of 4.85% compared to the end of the previous year, crossing the 2-trillion-yuan threshold.
The bank achieved a net profit of 4.151 billion yuan, a year-on-year increase of 8.37%. Its annualized weighted average return on net assets stood at 7.75%, up 0.10 percentage points year-on-year.
Additionally, the deposit interest payment rate decreased by 37 basis points year-on-year, reflecting significant progress in cost reduction and efficiency enhancement.
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