Jilin Jiutai Bank Navigates Losses with Strong Capital

Jilin Jiutai Rural Commercial Bank Corporation Limited Class H (HK:6122) has released an update.

Jilin Jiutai Rural Commercial Bank reported its first-time losses in the third quarter of 2024, with a net profit of RMB-85.8 million. Despite the losses, the bank’s capital adequacy ratios remain above regulatory requirements, with a consolidated capital adequacy ratio of 11.13%. This performance highlights the bank’s solid capital management amidst financial challenges.

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