On April 26, the Hong Kong stock listed bank Jiutai Agricultural Commercial Bank (06122) released its 2023 annual report. Jiutai Agricultural Commercial Bank achieved operating income of 5,514 billion yuan and net profit of 178 million yuan in 2023. As of December 31, 2023, the total assets of Jiutai Agricultural Commercial Bank were $269.775 billion, and the total amount of loans and advances issued was $178.111 billion, up 3.5% year on year. Total deposit absorption was $236.654 billion, up 4.1% year on year.
According to public information, Jiutai Agricultural Commercial Bank listed on the Hong Kong Stock Exchange in January 2017 and is the second H-share listed agricultural commercial bank in the country. Jiutai Agricultural Commercial Bank ranked 472nd in the 2023 Global Top 1000 Bank list published by the British “The Banker” magazine.