Shanghai’s banking in the first half of this year realized the book profit of RMB47.625b, increasing RMB15.452b year-on-year, up by 48.03%, with growth speed falling 24.8 percentage points year-on-year, return on assets of 2.02%, rising 0.39 percentage points year-on-year and level of profits hitting a new record high.

Foreign banks in Shanghai realized the book profit of RMB6.582b, 3.2 times from the same period of last year, with return on assets of 1.78%, increasing 1.41 percentage point year-on-year. Foreign banks’ revenues in transaction of derivative products and exchange significantly increased, reaching RMB2.223b and RMB1.875b respectively, 4.5 times and 1.3 times of the total last year.