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The bank released Thursday its 2008 annual report through external audit.
According to the report, the bank's bad loans ratio came to 0.96 per cent by the end of 2008, higher than the 0.59 per cent at end-2007; and the bank's capital adequacy ratio arrived at 11.31 per cent by the end of 2008, lower than the 12.77 per cent at end-2007.
By the end of 2008, the bank's total assets reached 3.8 trillion yuan; outstanding loans, 2.9 trillion yuan, and outstanding deposits, 360.5 trillion yuan.
Issuing financial bonds is the chief channel for the bank to raise capital.
CDB, one of the three policy banks of China, is dedicating to providing financial support for the construction in the infrastructure sector, basic industries, pillar industries, and high-tech industry. The bank has set up joint stock company and is expected to go public sometime.
(XIC)
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