BANK OF TIANJIN released its 2024 annual performance announcement showing that in 2024, the bank achieved revenue of 16.71 billion yuan, a year-on-year increase of 1.5%; and a Net income of 3.83 billion yuan, a year-on-year increase of 1.6%. As of the end of 2024, BANK OF TIANJIN's total Assets amounted to 925.99 billion yuan, an increase of 10.1% compared to the end of the previous year; total liabilities reached 856.58 billion yuan, growing by 10.4% compared to the end of the previous year. In terms of asset quality, as of the end of 2024, the bank's non-performing loan ratio was 1.7%, unchanged from the end of the previous year; the provision coverage ratio was 169.21%, an increase of 1.35 percentage points from the previous year. The capital base is continuously solidified, having completed the issuance of 10 billion yuan in secondary capital Bonds, with capital adequacy ratio, tier 1 capital adequacy ratio, and core tier 1 capital adequacy ratio at 13.59%, 10.47%, and 9.53%, respectively, meeting regulatory requirements.

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天津银行:2024年实现净利润38.3亿元 同比增长1.6%
BANK OF TIANJIN: In 2024, achieved a Net income of 3.83 billion yuan, a year-on-year increase of 1.6%.
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