Review and Prospect of China’s listed banks in 2019 From Ernst & Young

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The following is the Review and Prospect of China’s listed banks in 2019 From Ernst & Young recommended by recordtrend.com. And this article belongs to the classification: Venture capital, Investment & Economy, research report.
The report covers all 51 listed banks that have been listed at present. Based on the observation of the business development, business model and regulatory environment of China’s listed banks, the paper looks forward to the future development trend of China’s banking industry.
The report shows that in 2019, the total net profit of listed banks in the whole year is 1748.36billion yuan, with a growth rate of 7.32%. Thanks to the acceleration of operating income and the slowdown of provision provision, the growth rate of net profit of listed banks has risen after the decline in 2018.
From 2017 to 2019, the growth rate of net profit of large commercial banks and national joint-stock banks shows a continuous upward trend, while the change curve of urban commercial banks and rural commercial banks presents an obvious “V” shape. In particular, the growth rate of net profit of urban commercial banks in recent three years is 12.80%, – 3.12% and 11.41%, respectively, with great fluctuation.
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