Bank of Communications reports steady 2024 growth, dividend increase

Bank of Communications (SSE:601328) has released its 2024 annual report, showcasing a year of steady growth despite a complex economic environment. The bank's total assets reached CNY 14.90 trillion, a 5.98% increase YoY, with customer loans growing by 7.52%. Net profit attributable to shareholders reached CNY 93.586 billion, a 0.93% increase YoY. The bank reported a Non-Performing Loan ratio of 1.31%, a 0.02% decrease.