Bank of China reports steady 2024 profit, plans dividend

** Bank of China (HKEX: 3988) reported a steady financial performance for 2024, with after-tax profit reaching CN¥252.719 billion, a 2.58% increase year-on-year. The board has proposed a final dividend of CN¥1.216 per 10 shares, bringing the total annual dividend to CN¥2.424 per 10 shares. As of year-end, assets surpassed CN¥35 trillion, up 8.11% annually, with non-performing loan ratio at 1.25%. The bank emphasized its commitment to supporting China's real economy and technological innovation. The annual report, approved March 26, details the bank's financial standing and strategic direction.