China Construction Bank reported full-year 2024 net profit of RMB 336.28 billion, a 1.15% increase on the previous year. The results were announced on 28 March 2025.
The non-performing loan ratio fell three basis points to 1.34% at year-end, with provision coverage standing at 233.6%. Return on equity reached 10.69% for the year, while the net interest margin was 1.51%.
BALANCE SHEET
Total assets grew 5.86% over the year to RMB 40.57 trillion, with an 8.48% increase in the loan book to RMB 25.04 trillion.
Customer deposits grew 3.83% to RMB 28.71 trillion, slower than asset growth.
CAPITAL
CCB's capital adequacy ratio stood at 19.69% at the end of 2024. Beijing has earmarked RMB 500 billion of special treasury bonds in 2025 to recapitalise the large state banks.
For 2025, management has said it will prioritise lending to technology, green, inclusive and pension finance, support domestic demand and hold the line on risk.