Summary by Moomoo AI
industrial and commercial bank of china (ICBC) announced its interim financial report for the first half of 2024, with a net profit of 171.296 billion yuan. The bank's total assets reached 47.116 trillion yuan, with total customer loans and advances of 27.837 trillion yuan. The capital adequacy ratio is 19.16%, and the non-performing loan ratio is 1.35%. ICBC proposed to distribute a mid-year cash dividend of 1.434 yuan per 10 shares, subject to approval at the shareholder meeting. The bank continues to enhance corporate governance, consumer rights protection, and green finance initiatives. ICBC is committed to innovation, digital transformation, and specialization, serving over 1.28 billion corporate customers and 749 million individual customers globally. Strict risk management ensures operational safety and asset quality. The bank is dedicated to...Show More