Company Study of China CITIC Bank

The main business income of CITIC Bank still comes from traditional interest revenues. Net interest income accounts for 92.39% of operating revenue; while the earnings of intermediary business only take a share of 4.26%. B2B business income is still the main income source of the company, taking 79.82% of operating revenues. Additionally, the earnings of retail business and capital business account for 13.38% and 9.91% respectively.

In 2003-2006, the compound growth rate of net profits of CITIC Bank stood at 37.92%, and the net assets profit margin was 13.42% in 2006, indicating a level of medium or low among shareholding commercial banks. Except for the administrative expenses of the group, in 2006, ROAE rose to 14.13%, and the annual compound growth rate arrived at 41.7%, being at the intermediate level among shareholding banks.

Proportion of individual deposits in total deposits of CITIC Bank rose from 11.0% in 2004 to 17.1% in 2006. The compound growth rate in 2004-2007 was up to 48.9%, ranking the third among shareholding banks, only behind China Merchants Bank and Bank of Communications.