Jinshang Bank Co., Ltd. Announces Financial Results for the Six Months Ended June 30, 2020
September 29, 2020 at 02:06 pm IST
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Jinshang Bank Co., Ltd. announced financial results for the Six months ended June 30, 2020. For the period, the company reported Net interest income of RMB 1,647.1 million against RMB 1,667.0 million a year ago. Operating income was RMB 2,600.9 million against RMB 2,471.9 million a year ago. Net profit was RMB 774.9 million against RMB 742.3 million a year ago.
JINSHANG BANK CO., LTD. is a China-based company mainly engaged in banking business. The Company operates three segments. The Corporate Banking segment provides a range of financial products and services to corporations, government agencies and financial institutions, including corporate loans and advances, trade financing, deposit services, agency services, wealth management services, remittance and settlement services and others. The Retail Banking segment provides a range of financial products and services to retail customers, including personal loans, deposit services, personal wealth management services and remittance services. The Treasury segment is engaged in interbank lending transactions, repurchase transactions, interbank investments, bond investments and trading. The Company conducts its businesses in Shanxi, China.