CITIC Bank announces interim dividend, strategic leasing deal

China CITIC Bank Corp. proposes an interim cash dividend of RMB 1.88 per 10 shares (tax inclusive) for 2025, totaling RMB 10.46 bn. This represents 28.68% of consolidated net profit attributable to shareholders and 30.70% of consolidated net profit attributable to ordinary shareholders, after deducting perpetual bond interest. The plan will be submitted to a temporary general meeting of shareholders.

In related developments, the bank has signed an "Authorization Management Agreement" to manage 60% of Huarong Financial Leasing Co., Ltd. shares held by CITIC Group for three years, with an annual fee of RMB 5 million. This aims to address potential competition arising from CITIC Group's acquisition of Huarong Financial Leasing.

Furthermore, the bank's interim report shows a net profit attributable to shareholders of RMB 36.478 bn, a 2.78% increase year-on-year. Total assets reached RMB 9.858 trillion, a 3.42% increase from the end of last year, with total customer deposits growing by 5.69% to RMB 6.106 trillion.