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Hi,I did some information delving on Bank of Deyang using my...

  1. 28 Posts.
    Hi,

    I did some information delving on Bank of Deyang using my work systems and the following details are as follows.

    Bank of Deyang
    World rank (1, 571); country rank (107)
    Services: asset management, bills of exchange, capital markets, corporate finance, correspondent banking, letters of credit
    Ownership: Deyang City State - Owned asset management company 20%
    Correspondent partners: Commerzbank, Deutsche Bank, Bank of China, Bank of Montreal, JPMorgan Chase

    Financials (as of Dec 2010 - USD)
    Total Assets: $4.8 bil
    Net profit (2010): $55.7 mil
    **note** deposits = $4.3bil USD. (Included in the Total Assets)

    It's a small bank in China but after doing further analysis on their financials they are growing in size on average of 60.6% per annum. The growth is predominately from deposits. In 2008 they had deposits of US$ 1.7bil. Now it's in excess of $4bil

    I hope this helps, in shedding some light on this bank.

    Cheers,

    FS
 
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