10月23日，中国建设银行股份有限公司（以下简称建行）发布了2009年第三季度报告。2009年第三季度，建行继续坚持积极稳健的经营方针，加快业务结构调整，推进全面风险管理，同步实现了净利润的稳健增长和不良贷款额、不良贷款率的持续“双降”。

资产利润稳健增长，绩效指标总体企稳。今年第三季度，尽管受到利差收窄等因素影响，建行仍实现净利润303.21亿元(以下数据除特别注明外均按国际财务报告准则计算，为本集团数据，币种为人民币)，同比增长达18.56%；每股收益0.13元，同比增长18.18%。截至9月30日，建行在前三季度已实现净利润861.62亿元，同比增长2.25%；实现手续费及佣金净收入357.63亿元，较上年同期增长20.94%。同期，资产总额较上年末增长23.80%，达到9.35万亿元；负债总额较上年末增长24.39%，达到8.82万亿元，为实现可持续发展奠定了坚实基础。

在资产规模和经营利润稳健增长的同时，建行主要绩效指标总体保持稳定。今年前三季度，净利差及净利息收益率分别为2.30%和 2.41%，虽较上年同期有所下降，但降幅已进一步收窄。同期，年化平均股东权益回报率为22.78%，较上半年提高0.24个百分点。成本收入比为35.55%，保持在较低水平。

信贷投放节奏合理，结构调整取得实效。今年以来，建行认真贯彻执行适度宽松的货币政策，合理把握信贷投放规模。截至9月30日，全行客户贷款和垫款净额为45,632.08亿元，较上年末增加8,796.33亿元，增长23.88%。

建行将“调结构”作为信贷管理重点，将巩固传统优势业务与加快发展创新业务有机结合，信贷资源配置进一步优化。截至9月30日，投向基础设施行业的贷款较上年末增长27.47%至15,149.15亿元，增速高于全部对公贷款的平均增速。境内分行个人贷款余额达到10,302.86亿元，其中个人住房贷款余额8,764.11亿元，新增额及余额居同业领先。

今年前三季度，建行在小企业、“三农”等新业务领域的信贷投放持续增长。与浙江省人民政府、阿里巴巴公司等共同发起设立小企业网络银行贷款风险池，并在北京、上海、浙江等地区加速拓展“e贷通”网络银行贷款业务。“信贷工厂”模式小企业经营中心增至122家，较年初新增44家。截至9月30日，中小企业贷款新增1,693亿元，增速达16.5%。同期涉农贷款新增1,343.97亿元，增速达31.52%。

作为信贷结构调整的重要举措，建行严控对“两高一资”、产能过剩行业贷款，完善名单制管理。今年前三季度主动退出贷款558亿元，资产结构得到优化。

风险监控力度不断加大，贷后管理全面强化。今年前三季度，面对经济金融形势的新变化，建行坚持信贷审批标准，加大贷后检查力度，认真监控贷款用途，风险管理的精细化、差别化水平得到显著提升。

截至9月30日，建行不良贷款余额为736.82亿元，较上年末减少102亿元；不良贷款率为1.57%，较上年末下降0.64个百分点，继续保持“双降”态势。其中，境内分行个人住房贷款不良率为0.58%，贷款质量良好。减值准备对不良贷款比率为161.08%，较上年末上升29.50个百分点，抗风险能力不断增强。

截至9月30日，建行股东权益总额为5,370.25亿元，较上年末增加694.63亿元，增长14.86%；核心资本充足率为9.57%，较6月底提高0.27个百分点；资本充足率为12.11%，较6月底提高0.14个百分点。

服务更趋专业精细，质量效率稳步提升。建行将提高客户服务的精细化、专业化水平作为重要目标。今年9月，建行引进美国银行的经验技术，在境内银行业中首家创办产品创新实验室，收集和筛选来自客户等各方面的产品创意，为业务创新提供重要依据。在满足客户需求方面，建行新增及优化手机银行多项功能，手机银行客户数突破1000万，继续领先境内同业；推出个人网上银行短信验证服务及“E路护航网银安全组件”，提升了网上银行安全性，并率先推出通过网上银行向手机银行客户转账功能，电子银行与柜面交易量之比持续提升；信用卡发卡总量达2300余万张，消费交易额、新增贷款额位居境内银行前列。

在综合化服务方面，建行积极推进以优化中高端客户服务流程为核心的零售网点二代转型项目，截至9月30日，已有770余家网点实现二代转型。今年8月，建行全资子公司---中国建设银行（亚洲）股份有限公司成功收购了以信用卡、个人贷款为主要业务的美国国际信贷（香港）有限公司，进一步完善了建行在港澳地区业务布局。

当前，全球经济金融形势仍然十分复杂，国内经济正处于企稳回升的关键时期,监管机构对商业银行的经营管理提出了更高的要求。建行将认真研究银行经营管理中面临的挑战，进一步推进业务结构调整，科学把握信贷投放节奏，完善风险管理长效机制，努力完成今年各项发展目标，继续为巩固经济平稳较快发展良好势头做出贡献。

CCB Registers 18.6% YoY Growth in Net Profit for Q3

China Construction Bank Corporation (”CCB”) announced its 2009 third quarter results on 23 October 2009.  In this quarter, CCB was able to achieve steady growth in net profit and declines in both the amount and ratio of non-performing loans. This was achieved through a proactive yet prudent operating approach, by stepping up the pace of business structure adjustments and by advancing the total risk management.

Steady growth in asset and profit; overall stabilisation of performance indicators.  In the third quarter of this year, though affected by factors such as a narrowing of interest spreads, CCB realised a net profit of RMB30,321 million (unless otherwise specified, the Group’s data set forth herein is reported in RMB in accordance with International Financial Reporting Standards on a consolidated basis), an increase of 18.56% on the year, while earnings per share rose 18.18% on the year to RMB0.13.  As of 30 September, CCB achieved in the first three quarters a net profit of RMB86,162 million, a year-on-year growth of 2.25%.  It also achieved a net fee and commission income of RMB35,763 million, an increase of 20.94% over the same period last year.  During the same period, total assets grew 23.80% from the end of last year to RMB9,353,972 million, while total liabilities grew 24.39% to RMB8,816,947 million, providing a firm base for realising sustainable development.

As assets and operating profits were growing steadily, CCB’s key performance indicators maintained overall stability.  The net interest spread and net interest margin were 2.30% and 2.41% respectively in the first three quarters.  While these figures were lower than those in the corresponding period a year earlier, the decline has been further narrowed down.  In the same period, annualised return on average equity was 22.78%, an increase of 0.24 percentage points from the first half of the year.  Cost-to-income ratio was maintained at a relatively low level of 35.55%.

Reasonable control of credit supply tempo; tangible results obtained from structural adjustment.  So far this year, CCB has been implementing conscientiously the moderately easy monetary policy and keeping credit supply under reasonable control.  As of 30 September, its net loans and advances to customers was RMB4,563,208 million, up RMB879,633 million or 23.88% from the end of last year.

CCB is making “structural adjustment” a key focus in credit management.  CCB’s competitive traditional businesses that have undergone consolidation are being integrated into the rapid development of innovative new businesses.  The allocation of credit resources is being further optimised.  As of 30 September, loans extended to infrastructure industries increased by 27.47% from the end of last year to RMB1,514,915 million.  The growth rate is higher than the average growth rate of all corporate loans. The balance of personal loans of domestic branches amounted to RMB1,030,286 million, of which the balance of residential mortgage loans was RMB876,411 million, leading the industry in terms of balance and incremental amount.

In the first three quarters of this year, CCB's credit supply to new business areas such as small enterprises and the “Three Rurals" (agriculture, rural areas and farmers) has seen sustained growth.  An online banking loan risk pool for small enterprise was set up jointly with the People’s Government of Zhejiang Province and Alibaba. “Swift E Loan”, an online banking lending business, has been expanded in Beijing, Shanghai and Zhejiang regions.  The number of business centres for small enterprises operated under the “Credit Factory" mode has increased to 122, an increase of 44 centres from the beginning of the year.  As of 30 September, new loans extended to small and medium enterprises grew 16.5% or RMB169.3 billion.  During the same period, agriculture-related loans have increased 31.52% or RMB134,397 million.

CCB has been strictly restricting loans to “high pollution, high energy consumption, resource-dependent” and overcapacity industries, as a key measure to adjust its credit structure.  It has also improved its watch list management.  In the first three quarters of this year, it voluntarily withdrew RMB55.8 billion in loans to achieve optimisation of its asset structure.

Continued redoubling of risk monitoring efforts; comprehensive strengthening of post-lending management.  In the first three quarters of this year, in the face of new developments in the economic and financial situation, CCB upheld its credit approval standards by enhancing the post-lending inspection efforts and seriously monitoring the usage of its loans.  Consequently, the refinement and differentiation levels of its risk management have been enhanced significantly.

As of 30 September, the balance of CCB’s non-performing loans was RMB73,682 million, a decline of RMB10.2 billion from the end of last year.  Its non-performing loan ratio was 1.57%, down by 0.64 percentage points from the end of the previous year.  This enabled CCB to maintain its “double decline” trend, of which, the non-performing loan ratio for residential mortgage loans of domestic branches was 0.58%, revealing the soundness of such loans.  The ratio of allowance to non-performing loans was 161.08%, an increase of 29.50 percentage points from the end of the previous year, reflecting the continuous strengthening of CCB’s risk mitigation capabilities.

As of 30 September, CCB’s total equity was RMB537,025 million, a growth of RMB69,463 million or 14.86% from the end of last year.  Its core capital adequacy ratio was 9.57%, an increase of 0.27 percentage points from the end of the first half of the year; while its capital adequacy ratio was 12.11%, up 0.14 percentage points from the end of the first half of the year.

Services increasingly professional and refined; service quality and efficiency steadily improved.  CCB has set raising the refinement and professional levels of its customer service as its key objectives.  In September this year, by adopting the experience and technology of Bank of America, CCB set up the first ever product innovation laboratory in China’s banking industry.  This laboratory is used for the collection and screening of product ideas from customers and other sources, providing an important basis for business innovation.  In the area of meeting customer needs, CCB has extended and optimised various functions of mobile banking and continued to be the leader in the domestic banking industry, with customers exceeding 10 million.  CCB has also enhanced online banking security by launching an SMS verification service for personal online banking business and introduced “E-Guard online banking security components”.  It was the pioneer in introducing the function for making fund transfers from the channel of online banking to mobile banking.  CCB’s ratio of e-banking transactions to over-the-counter transactions has risen continuously. It has also issued more than 23 million credit cards with the transaction amount for consumption and the amount of new loans leading the domestic banking sector.

In the area of integrated services, it has been earnestly undertaking branch transformation Gen II project, with the main aim of optimising service processes targeting medium to high-end customers.  As of 30 September, more than 770 of its branches have undergone a Gen II transformation.  In August, China Construction Bank (Asia) Corporation Limited, a wholly-owned subsidiary of CCB, succeeded in acquiring AIG Finance (Hong Kong) Limited, a company mainly engaged in credit card and personal loan businesses, thus further improving CCB’s business deployment in the Hong Kong-Macau region.

The current global economic and financial situation is still very complicated and China’s economy is at the critical juncture of stabilising and recovering and regulatory authorities put forward higher requirements on the operation management of commercial banks.  CCB will carefully study the challenges encountered in the operation and management of banks, further advance the adjustment of its business structure, scientifically control the tempo of its credit extension, improve on its long-term risk management system, strive to achieve all development targets set for the current year and continue to contribute towards reinforcing the healthy momentum of steady and brisk economic development.