On April 11, Bank of Beijing released its 2023 annual report. In 2023, Bank of Beijing will lead the "Five Major Transformations" with digital transformation, go all out to do a good job in the "Five Major Articles", and the construction of "Digital Beijing Bank" will enter a new stage, and high-quality development will present a new atmosphere in various fields, handing over an excellent performance answer sheet to the majority of investors.
Serve the real economy, do a good job in the "five major articles", and achieve new achievements in high-quality development
As of the end of 2023, Bank of Beijing's total assets amounted to RMB3.75 trillion, an increase of 10.65% from the beginning of the year, and its scale continued to rank first among urban commercial banks, and its net profit attributable to the parent company reached RMB25.624 billion, a year-on-year increase of 3.49%, maintaining a good level of operating quality and efficiency among listed banks. According to Tier 1 capital, it has been ranked 53rd among the world's 1,000 largest banks in the UK by The Banker magazine, and has been listed among the top 100 banks in the world for ten consecutive years and as a national systemically important bank for three consecutive years.
Comprehensive services do a good job in "five big articles". In 2023, Bank of Beijing will keep in mind its original mission of serving the real economy, focus on the needs of the country, do its best, and make every effort to do a good job in the "five major articles". In 2023, 16 new branches with science and technology characteristics will be added, with a balance of 259.236 billion yuan of science and technology financial loans, an increase of 33.10% over the beginning of the year; green finance innovation and development, shortlisted as a cooperative bank of the People's Bank of China's carbon emission reduction support tool, released the "Beijing Bank Carbon e-Loan", and created a "carbon benefit" green finance comprehensive service plan, with a balance of green loans of 156.047 billion yuan, an increase of 41.47% over the beginning of the year; In version 3.0 of the Inclusive Finance App, the balance of inclusive financial loans was RMB231.516 billion, an increase of 34.5% over the beginning of the year, and the number of inclusive small and micro enterprise loans was 349,000, an increase of 16.6% over the beginning of the year. The momentum of pension finance is good, with a total of more than 1.3 million personal pension fund accounts opened, becoming the first urban commercial bank to exceed one million; digital finance has accelerated its empowerment, issuing Beijing's first data intellectual property pledge loan, and has been approved to become the first city commercial bank to access the digital RMB system on the central bank's side as a digital RMB acceptance service institution, realizing the digital currency issuance of multiple loan products such as "Jinghai e-loan", "pilot e-loan", "CCER pledge loan" and "gold grain e-loan".
The new retail strategy system releases new momentum for transformation and development. In 2023, Bank of Beijing will closely follow the new trend of the digital era, complete the adjustment of the organizational structure of retail lines, build a new "1+4" retail structure, and create a new integrated operation model of CPCT2R (customer-product-channel-team-technology-risk management). As of the end of 2023, the retail business revenue was RMB24.390 billion, up 10.21% year-on-year, the retail AUM reached RMB1,036.526 billion, up 6.32% from the beginning of the year, and the retail credit balance reached RMB698.901 billion, up 9.84% from the beginning of the year, ranking first among urban commercial banks. It has built a "four-specialized" private banking service system, and launched a total of 566 private banking consignment products throughout the year, an increase of 82.6% over last year, and an increase of 21.8% over the beginning of the year. "Jing e-Loan" has been optimized and upgraded to version 6.1, with a scale increase of 298% compared with the beginning of the year. Launched the mobile banking app 8.0 and the credit card "Pocket Jingcai" app 7.0, with 15.85 million mobile banking customers and 5.64 million credit card customers.
The company's business stimulates new vitality for high-quality development. In 2023, Bank of Beijing will focus on the overall national strategy, promote product and service innovation, and continue to optimize the company's business structure and customer structure. As of the end of 2023, the average daily size of RMB corporate deposits exceeded RMB1.4 trillion, an increase of RMB123.3 billion from the beginning of the year, the scale of RMB corporate loans (excluding discounts) exceeded RMB1.1 trillion, an increase of RMB168.4 billion from the beginning of the year, and the average annual core deposits increased by RMB200.9 billion from the end of the previous year, accounting for 86% of the total, an increase of 7 percentage points, effectively driving the company's deposit cost down by 12 basis points from the beginning of the year. Focusing on the strategy of serving the "manufacturing power", the company increased the provision of loans to the manufacturing industry, with the balance of manufacturing loans reaching RMB174.058 billion, an increase of 30.39% over the beginning of the year. It signed a strategic cooperation agreement with the Beijing Municipal Administration of Cultural Relics and the Beijing Municipal Sports Bureau for the first time, participated in the 13th Beijing International Film Festival as the only financial institution partner, and supported the Beijing Central Axis Cultural and Creative Competition for two consecutive years, with a cultural and financial balance of 88.101 billion yuan, an increase of 15.279 billion yuan or 20.98% over the beginning of the year.
The financial market business has achieved new improvements in innovation and development. In 2023, Bank of Beijing's financial market business continued to deepen product innovation, achieved remarkable results in business transformation, and steadily improved its profitability. As of the end of 2023, the scale of financial market management business reached 3.72 trillion yuan, an increase of 26.46% from the beginning of the year, the trading volume of the money market continued to be in the first echelon of the market, and the scale of high-quality customers increased by 53.79% from the beginning of the year. The trading volume of bill business increased by 132% year-on-year, the trading volume of interbank loans increased by 54% year-on-year, and the interest income of interbank loans increased by 21% year-on-year. The scale of assets under custody was 1.61 trillion yuan, with a growth rate of 53.74%, and the custody scale of the initial public fund was in the first echelon of urban commercial banks. In response to national policy guidance, the country's first ABS product to support the high-quality development of the Yellow River Basin was launched, the first CMBS product of the concept of the pilot zone for scientific and technological innovation and financial reform was launched through investment linkage, and the first batch of special rediscount products for the manufacturing industry in the country, "Beijing System Pass", was launched.
Concentrate on unity and struggle, always keep integrity and innovation, and start a new journey of transformation and development
In 2023, Bank of Beijing will continue to promote the construction of "Digital Beijing Bank" to a new level, build a differentiated positioning to build a characteristic bank, build a new pattern of "three horizontal and one vertical" coordinated development, and embark on a new journey of transformation and development of the whole bank.
Digital transformation accumulates new quality of productivity. In 2023, Bank of Beijing adhered to the concept of "one bank, one data, and one platform", built a modern technology governance system, and promoted the digital transformation of the whole bank in depth with major science and technology projectsWe will build an "AI-driven commercial bank" in the future, actively deploy the core capabilities of a new generation of financial artificial intelligence driven by "large model + small model", release the AIB platform, and systematically build a complete picture of "AI+" finance. In 2023, Bank of Beijing's information technology investment accounted for 4.5% of its operating income, an increase of 0.8 percentage points year-on-year, accelerating the cultivation of new quality productivity for transformation and innovation in the digital era.
Differentiated positioning to create a characteristic bank. In 2023, Bank of Beijing will adhere to integrity and innovation, and strive to become a different, distinctive, reminiscent and memorable bank. China has built a "child-friendly bank", released the "Beijing Firefly Plan" comprehensive financial service for children 3.0, launched the industry's first "digital family model" for children's finance, exclusively named CCTV's children's "Famous Teachers Have Famous Halls" program, and successfully held the "Fluorescent Wish" June 1st Art Show. By the end of 2023, a total of 16,000 "Jingmiao Club" activities have been held, and nearly 1.1 million "Xiaojing Card" cards have been issued, serving a total of 1.9 million child customers and families. To build a "bank that accompanies you for a lifetime", to link every "key point of life" of customers with children's finance, growth finance, entrepreneurship finance, family finance, wealth finance and pension finance, and to accompany every step of life's growth with warm financial services; The balance is 13.2 billion yuan, helping the development of the third pillar of pension, building a digital pension financial service platform, guiding the cultivation of long-term investment habits and pension planning capabilities, and promoting the quality of account deposit to maintain the leading position in the industry. To build the "first bank of specialization, refinement, and innovation", accompany the growth of enterprises with "specialized, refined, special and new" thinking and methods, release the work plan of Bank of Beijing's "Specialized, Special and New, 100 Billion Action", optimize and iterate the "Pilot e-Loan" to version 3.0, and jointly launch the "Specialized, Specialized and New Research Institute" to gather ecological synergy for "specialized, special and new" enterprises. By the end of 2023, it has provided financial services to nearly 13,000 "specialized, special and new" enterprises, an increase of 125% from the beginning of the year; The balance of loans to enterprises was 72.9 billion yuan, an increase of 187% over the beginning of the year. To build a "bank that serves the whole life cycle of enterprises", focusing on listing, pre-listing and "specialized, special and new" customers to carry out precise customer expansion. As of the end of 2023, the company had 238,400 effective customers, of which 67,800 were valued customers, an increase of 9,554 from the beginning of the year. To build an "investment bank-driven commercial bank", continue to build a value chain of "investment bank-driven, resource integration, asset appreciation, wealth management, and customer service", with an underwriting scale of debt financing instruments for non-financial enterprises of 235.5 billion yuan, an increase of 110.5 billion yuan over the previous year;
Synergy runs through the "three horizontal and one vertical" pattern. In 2023, Bank of Beijing will strengthen its service positioning as "Metrobank", closely follow the strategic layout of national and regional coordinated development, build a "harvest project", build a new pattern of "three horizontal and one vertical" coordinated development, and promote the formation of a vivid situation of innovative development, coordinated development and high-quality development of branches in various regions. Consolidating the capital's home advantage, it granted more than 40 billion yuan of credit to key projects at the two levels in Beijing and the "three 100" key projects, granted loans of more than 600 million yuan to the areas affected by the "23.7" heavy rainstorm disaster, and reduced fees and profits by 7.65 million yuan; and increased the cooperation rate of the first and second level subsidiaries of municipal state-owned enterprises by 2.25 percentage points compared with the beginning of the year. As of the end of 2023, the balance of RMB deposits and loans in Beijing was RMB2.91 trillion, a year-on-year increase of RMB352.8 billion, with an average growth rate of 13.4%, ranking first among municipal financial enterprises in terms of scale, increment and average growth rate. Actively integrate into the overall situation of the coordinated development of Beijing-Tianjin-Hebei, make every effort to build a benchmark bank serving the coordinated development of Beijing-Tianjin-Hebei, and successfully hold the "specialized, special and new" Tianjin Bank and the first Navigator Summit with relevant committees and bureaus of Tianjin, and jointly hold the 2023 IoV Industry Innovation and Development Promotion Activity (Beijing Session) in Xiong'an New Area with Xiong'an New Area. As of the end of 2023, the balance of customer loans in the Beijing-Tianjin-Hebei region grew by 9.9%. Strengthened the role of the Yangtze River Delta integration as the development engine, launched the "Bank of Beijing Yangtze River Delta Integration Support Policy (First Batch)", Suzhou Branch and Jiaxing Branch officially opened for operation, and signed strategic cooperation agreements with Suzhou Municipal Government and Jiaxing Municipal Government respectively, further improving the regional layout. Innovatively serving the development and construction of the Guangdong-Hong Kong-Macao Greater Bay Area, helping financial opening-up, actively doing a good job in the docking of major projects and key industry services, the first batch of special operating loans for the "Small and Micro Connect" and "Individual Connect" platforms of the Shenzhen Branch of the People's Bank of China were launched, and the system docking with the Shenzhen Municipal Finance Bureau was realized for the first time, and the "Integrated Budget Management System" was launched, further polishing the service brand of Beijing in the Greater Bay Area.
Strictly abide by the bottom line of risk, deepen management reform, and forge new advantages for long-term development
Bank of Beijing adheres to the general principle of seeking progress while maintaining stability, strengthens comprehensive risk management with bottom-line thinking and systematic thinking, continuously improves the professionalism of financial services through business capacity building, stimulates organizational vitality through talent team building and internal business environment reform, and continuously builds new advantages for the foundation of the industry.
Intelligent empowerment to build a large risk control platform. In 2023, Bank of Beijing deepened the construction of a comprehensive risk management system, strengthened risk prevention and control in key areas, established a chief risk officer system for branches, implemented "regional + industry" centralized approval, launched a new credit risk management system, comprehensively optimized and upgraded the "smoke index" risk early warning model version 2.0, strictly managed large-amount risk exposure, and promoted the disposal of non-performing assets in an orderly manner. As of the end of 2023, the non-performing loan ratio was 1.32%, down 0.11 percentage points from the beginning of the year, and the provision coverage ratio was 216.78%, up 6.74 percentage points from the beginning of the year.
Professional management links the new ecology of the industry. In 2023, Bank of Beijing will continue to improve its business specialization and refinement capabilities by carrying out the "Three Modernizations" shaping and "Quick Win Project", as well as the construction of the ecological partner system. We will carry out the "three modernizations" molding work with "refined customer group management, professional iron army team, and digital process management" as the core, and rely on the "Double Hundred Project" to accelerate the construction of benchmark sub-branches and the replication and promotion of molding achievements and experience, so as to effectively improve the professional marketing ability of grassroots units. Focusing on the three industrial chains of clean energy, automobiles and parts, and high-end equipment manufacturing, we have carried out two phases of "quick win projects", with a cumulative amount of nearly 90 billion yuan in landed business (FPA caliber) and more than 400 new customers. The Bank continued to build a "three-in-one" ecological financial service system of corporate homes, customer markets and ecological partner platforms, strengthened the construction of "corporate homes", and set up 12 "corporate homes" with 585 members, and held 308 forums, seminars, roadshows, salons and other activities, successfully held the second and third ecological partner conferences, the first Navigator Summit, the first supply chain conference and other activities, and launched the "Matchmaking and Win-Win" platform to build a market among customers and match business needs. Explore financial needs and grow together with our customers.
Diversify and cultivate new forces of "three strong and four specialized". Bank of Beijing focuses on cultivating talents with "three strong and four specialized" talents (strong party building, strong business, strong risk control, focused, professional, expert and franchised), and continues to build a professional, high-quality and high-quality talent team with distinctive characteristics. In the "Talent Selection" section, we will continue to implement the "Three Eagles Plan", carry out hierarchical, multi-dimensional and normalized education and training, and continuously strengthen the cultivation of interdisciplinary talents with the integration gene of "understanding data + technology + business", so as to help empower the digital transformation of the whole bank. In addition, we will build a talent exchange model between the head office and subsidiaries, continue to build agile teams across the bank, and implement the "unveiling of leaders" and "horse racing mechanism" to stimulate the innovation momentum of the whole bank and accelerate the transformation of transformation results.
2024 is the 75th anniversary of the founding of the People's Republic of China and a crucial year for the full implementation of the spirit of the 20th National Congress of the Communist Party of China.
见习编辑:李文玉 | 审校:张翼鹏 | 审核:李震 | 监审:万军伟