Bank Of China Limited Class A · SSE:601988
Bank Of China Limited Class A — Bank Of China Ltd Ord — FY2024 Earnings Presentation
16 slides from Bank Of China Limited Class A's earnings presentation, Mar 26, 2024
Slide 1: 2024 Annual Results Release
@ f2e6 2024 Annual Results Release 26 March, 2025
Slide 2: Forward-looking statements
© Fue BANK OF CHINA This presentation and subsequent discussions may contain forward-looking statements that involve risks and uncertainties. These statements generally use the words “believe”, “expect”, “anticipate”, “estimate”, “plan”, “forecast”, “target”, “may”, “will” and other forward-looking
Slide 3: 2024 Operating Results
© Fee BANK OF CHINA. 2024 Operating Results Major Business Developments Outlook for the Next Stage
Slide 4: Assets and liabilities realised prudent growth
© Assets and liabilities realised prudent growth Assets RMB billion Loans RMB billion Domestic RMB loans RMB billion +8.11% +8.18% +10.72% 32,432 | 19,962 r] 16,482 r] 2023 2024 2023 2024 2023 2024 Liabilities wt Deposits wou Domestic RMB deposits +8.20% +5.66% +5.73% 32,108 24,203 18,673 29,675 : 2
Slide 5: Financial performance achieved solid progress
© Financial performance achieved solid progress — , P Net fee & Operating income RMB million Net interest income RMB million commission income RMB million 624,138 s 406,545 448,934 73,865 76,590 2023 2024 2023 2024 2023 2024 PPOP RMB million Profit after tax RMB million Profit attributable to shareh
Slide 6: Key indicators maintained within a reasonable range
© Key indicators maintained within a reasonable range 1.40% down by 19bps yoy Net interest margin 29.05% up by 3.80pps yoy Non-ll to operating income ww Interest rate of domestic RMB loans decreased by 47 bps yoy, as the Bank supported development of the real economy Interest payment ratio of domest
Slide 7: Comprehensive risk management improved effectively
© Comprehensive risk management improved effectively Key risk indicators Key capital ratios 31 Dec 2023 31 Dec 2024 31 Dec 2023 31 Dec 2024 NPL ratio 1.27% 1.25% -0.02 Core tier 1 CAR 11.63% 12.20% +0.57 Pps Pps SML rati +0.01 Tier 1 CAR +0.55 ratio 1.46% 1.47% a ler 13.83% 14.38% a Allowance for 19
Slide 8: Major Business Developments
© Fee BANK OF CHINA. 2024 Operating Results | Major Business Developments Outlook for the Next Stage
Slide 9: Enhanced the quality and efficiency of serving the real economy
© Enhanced the quality and efficiency of serving the real economy Supported the development of new quality productive forces in accordance with the needs and intensified efforts to promote the ‘Five Major Tasks’ of financial services Technology finance Served 102.9 thousand technology enterprises Pr
Slide 10: Realised high-quality development in major businesses
© Realised high-quality development in major businesses Corporate Banking © Domestic RMB corporate loans exceeded RMBI2 trillion © Loans to strategic emerging industries, the manufacturing industry and the private sector increased by 26.31%, 16.60% and 18.72%, respectively © Ranked among the top tie
Slide 11: Achieved promising results in serving high-standard opening-up
© Achieved promising results in serving high-standard opening-up tribution to profit before tax Profit before tax usD9.276 bn up 14.75% yoy « overseas. ommercial banks increased Globalisation as the core and priority of development strategy Totalled 543 overseas branch institutions commercial Banks’
Slide 12: Consolidated the foundation for safe and stable development
© Consolidated the foundation for safe and stable development Deeply advanced the construction of the comprehensive risk management system [ Refined the closed-loop management mechanism for risk assessment and /_ investigation and emergency risk event response | Formulated risk strategies for overse
Slide 13: Accelerated digital transformation
© Accelerated digital transformation Continued to reinforce the underlying foundation Ww *“Four-region Multi-center” information infrastructure. (Distributed framework Group's computing power: 627 thousand servers Claus platform scale: $8.0 thousand servers Upgraded underiying technology platform <>
Slide 14: Outlook for the Next Stage
© Fee BANK OF CHINA. 2024 Operating Results Major Business Developments Outlook for the Next Stage
Slide 15: Outlook
©) Outlook is on customer needs, optimise financial supply and build a diversified and ialised financial service system For corporate banking, actively support the development of new quality productive forces, and continuously enhance the quality and efficiency of financial services for the real eco
Slide 16: Thank you!
@) ¥ 2s % NK OF CHINA Thank you!