China Guangfa Bank had a successful year underpinned by sound financial performance, digital innovation and strengthened cross-border financial services. Its vice-president of transaction banking is Guangwen Fan.
The lender’s total assets reached an impressive Rmb3.5 trillion ($490 billion), accompanied by an operating income close to Rmb70 billion ($9.8 billion) and a net profit exceeding Rmb16 billion. The bank’s loan balance growth has been notably strong, as well, particularly in the manufacturing, technology and green finance sectors.
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