Investor Presentaiton
Innovations in credit card business and deepening
transformation of private banking business
S
中国民生银行
CHINA MINSHENG BANK
The Company targeted at millennial customers and took into account of features and preferences of the customer group in brand positioning,
product design, business channels and scenarios. The private banking business of the Company was further reformed with enhanced efficiency
as a result of the "three reforms" in respect of the classified customer management system for wealth management, comprehensive services
for entrepreneurs and the cooperation between personal and corporate banking businesses, and the product system was in compliance with
the new regulations on asset management. All major indicators achieved historical breakthroughs
Transaction volume of credit card business¹
Balance of accounts receivable from credit card business¹
(RMB million)
(RMB million)
3,000,000
Growth rate = 12.16%
500,000
Growth rate = 13.38%
2,480,530
445,881
2,500,000
450,000
2,211,625
400,000
393,249
2,000,000
350,000
300,000
1,500,000
250,000
1,000,000
200,000
150,000
500,000
100,000
50,000
0
2018
# of credit cards issued¹
(Thousands)
Growth rate =
15.96%
70,000
60,000
49,547
50,000
40,000
30,000
20,000
10,000
0
31 December 2018
2019
31 December 2018
31 December 2019
# of eligible private banking customers
Growth rate =
14.28%
25,000
57,456
21,998
19,250
20,000
15,000
10,000
5,000
0
31 December 2019
31 December 2018
31 December 2019
Company's Annual Report
Source:
Note:
1
Bank standalone
Represents the number of eligible private banking customers with financial assets of more than RMB8 million
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