IB Released 2015 Performance Bulletin: 6.62% Growth on both Earning per Share and Net Profit

On the evening of January 14, according to IB's 2015 performance bulletin, the Bank's total assets amounted to 5.2973 trillion yuan in 2015, up 20.22% over the end of previous year; annual operating income 154.499 billion yuan, up 23.70% YoY; net profit attributable to shareholders of the parent company 50.257 billion yuan, up 6.62% YoY.

With the solid growth of performance, Industrial Bank has also maintained a good level of shareholder ROI in the industry. By the end of 2015, the weighted average return on equity reached 18.90%, basic earnings per share 2.64 yuan, up 6.62% YoY.

Faced with continued macroeconomic downturn, overall acceleration of financial reform, more complex market environment, and business situation in an increasingly competitive industry, Industrial Bank focuses on "maintain development, ensure safety, and promote transformation" as the main work, coordinates "scale, quality and efficiency" goals reasonably, adjusts business strategies flexibly, deepens reforms and transitions, shores up the foundation, thus achieved an overall operating results better than expectation, and kept a generally stable asset quality. By the end of 2015, non-performing loan ratio was 1.46%, up 0.36 percentage point over the end of previous year, but showing a good trend, and down 0.11 percentage point over the end of the third quarter 2015.

During the period, the Bank continued to further promote business transformation, accelerate the group-oriented comprehensive operation, and improve diversified financial service capabilities, and kept expanding the business territory. Now it is one of the domestic commercial banks with most financial licenses, owns nine business licenses including banking, trust, leasing, funds, consumer finance, futures, asset management, research and consulting, and digital finance, four directly controlled (wholly-owned) subsidiaries, six indirect subsidiaries, investment in shares of five companies, and plans to set up a non-banking subsidiary in Hong Kong - IB International Holding Limited.