Chongqing Rural Commercial Bank Co., Ltd.

HKSE 3618.HK

Chongqing Rural Commercial Bank Co., Ltd. Gross Profit for the year ending December 31, 2023: USD 3.78 B

Chongqing Rural Commercial Bank Co., Ltd. Gross Profit is USD 3.78 B for the year ending December 31, 2023, a -9.74% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Chongqing Rural Commercial Bank Co., Ltd. Gross Profit for the year ending December 31, 2022 was USD 4.18 B, a -14.24% change year over year.
  • Chongqing Rural Commercial Bank Co., Ltd. Gross Profit for the year ending December 31, 2021 was USD 4.88 B, a 16.89% change year over year.
  • Chongqing Rural Commercial Bank Co., Ltd. Gross Profit for the year ending December 31, 2020 was USD 4.17 B, a 9.32% change year over year.
  • Chongqing Rural Commercial Bank Co., Ltd. Gross Profit for the year ending December 31, 2019 was USD 3.82 B, a 31.89% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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HKSE: 3618.HK

Chongqing Rural Commercial Bank Co., Ltd.

CEO Mr. Jun Sui
IPO Date Dec. 16, 2010
Location China
Headquarters No. 36 Jinshamen Road
Employees 15,017
Sector Finance
Industries
Description

Chongqing Rural Commercial Bank Co., Ltd., together with its subsidiaries, provides a range of banking and related financial services in the People's Republic of China. It operates in three segments: Corporate Banking, Personal Banking, and Financial Market Operations. The Corporate Banking segment offers financial products and services, including deposit takings, corporate loans, trade financing, financial leasing, and other corporate intermediary services to corporations, government agencies, and financial institutions. The Personal Banking segment provides financial products and services, such as deposit products, personal loans, cards, personal wealth management services, and other types of personal intermediary services to individual customers. The Financial Market Operations segment conducts money market or repurchase transactions; and invests in debt instruments for its own accounts or on behalf of customers. The company also provides mobile banking, Internet banking, and telephone banking services. As of 31 December 2021, it had operated 1,760 branches, including the head office and the business department, 7 branches, 35 first-class sub-branches, 134 second-class sub-branches, 2 community sub-branches, and 1,580 branch offices, as well as 145 self-service 24-hour banking centers. The company was formerly known as Chongqing Rural Credit Union and changed its name to Chongqing Rural Commercial Bank Co., Ltd. in 2008. Chongqing Rural Commercial Bank Co., Ltd. was founded in 1951 and is headquartered in Chongqing, China.

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StockViz Staff

January 15, 2025

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