According to the Zhitong Finance App, Bank of Gansu (02139) announced its 2023 annual results. The group obtained interest income of 13.901 billion yuan (RMB, same below) during the period, up 0.8% year on year; operating income of 6.665 billion yuan, up 2.1% year on year; profit attributable to shareholders of 645 million yuan, up 7.2% year on year; basic profit per share of 4.28 points.
According to the announcement, the main reason for the increase in operating income is that in 2023, the bank insisted on serving the real economy, increasing investment in credit assets, and at the same time actively optimizing the balance and liability structure to reduce debt costs, promoting the bank's increase in operating income, and a steady year-on-year increase in net profit.
On December 31, 2023, the bank's total assets were RMB 388.589 billion, up 3.0% year on year; total customer loans and advances (including accrued interest) were RMB 222,872 billion, up 4.0% year on year; the non-performing loan ratio was 2.0%, no change from the end of 2022, mainly due to the bank continuing to fully implement the financial risk prevention and mitigation policy system of the Party Central Committee, the State Council, provincial committees and provincial governments to increase the disposal of non-performing assets. The risk management foundation was further consolidated, and the asset quality remained relatively stable; total customer deposits ( (Including accrued interest) was RMB 295.556 billion, an increase of 5.9% over the previous year.