2008年4月25日，中国建设银行股份有限公司对外发布了2008年一季度业绩。业绩公告显示，2008年一季度，建行认真贯彻落实科学发展观，严格执行国家宏观调控政策，继续推进业务结构调整，强化风险管理和优化客户服务，战略转型的成效进一步显现，各项业务保持稳健快速发展态势，经营业绩优良。

综合盈利能力持续增强，收入结构不断改善。2008年一季度全行实现营业收入649.10亿元（文中数据均按中国会计准则计算，币种为人民币）；利润总额达417.96亿元，净利润321.29亿元。净利息收入和手续费及佣金收入快速增长，实现利息净收入544.36亿元，手续费及佣金净收入107.24亿元。受贷款收益率等因素上升影响，存贷净利差继续扩大，一季度净利差达3.12%，净利息收益率为3.26%。

资产负债规模稳健增长，存贷款业务结构进一步优化。截至2008年3月31日，建行总资产达68,750.30亿元，比上年末增加2,768.53亿元，增长4.20%；总负债64,266.61亿元，比上年末增加2,507.65亿元，增长4.06%。一季度，建行以贯彻落实国家宏观调控政策为契机，进一步加快优化信贷结构，优先满足重点优质客户及年初南方冰雪受灾地区基础项目重建的信贷资金需求。截至2008年3月31日，客户贷款及垫款净额为33,446.60亿元，较上年末增加1,614.31亿元，增长5.07%。存款总量增长平稳，储蓄存款增长较快。年初以来，全行紧紧抓住春节营销旺季，以开展“奥运服务年”活动、提升服务质量为契机，加大对北京、上海、广州等地区的银行自助设备、财富管理中心投入，丰富电子银行的代理业务功能，开展理财营销活动等，为客户提供优质金融服务，大力组织吸收存款。到一季度末，全行客户存款达56,386.18亿元，较上年末增加2,983.02亿元，增长5.59%。

中间业务发展迅猛，保持快速增长态势。一季度中间业务收入占营业收入之比显著提高，截至2008年3月31日，手续费及佣金净收入在营业收入中占比达16.5%。收入在2亿元以上的产品达到了16个，其中银行卡及收单、财务顾问、代销基金、承诺业务、代销保险、结售汇和代客衍生金融工具等7个产品收入超过6亿元。投资银行业务实现收入较上年同期增长约2倍。承销短期融资券10期，业务增速明显。设计发行“利得盈”、“建行财富”、“乾图理财”等各类理财产品250多期，募集资金是上年同期的16倍。金融市场业务快速良性发展，产品创新能力与营销力度不断加强；本外币代客交易业务快速发展，其中代客结售汇、外汇买卖业务、代客外汇衍生产品交易的交易量和经营收入大幅增长。

资产质量继续提升，相关指标持续向好。一季度全行不良贷款余额和不良贷款率继续双双下降，不良贷款余额较上年末减少91.34亿元；不良贷款率2.22%，较上年末下降0.38个百分点。其中，主要对公信贷投放行业贷款质量普遍向好，不良贷款额和不良贷款率下降明显。拨备覆盖率为107.79%，较上年末提高3.38个百分点。资本充足率和核心资本充足率分别为12.38%和10.26%，仍维持较高水平。

全力支持抗灾救灾，积极履行企业社会责任。 2008年初，我国南方大部分地区出现了罕见的冰雪灾害天气。建行及时主动做出响应，先后向受灾严重的湖南、湖北、安徽、贵州等10个省份捐款1200万元，帮助灾区群众抢险救灾；建行广大员工也自发向灾区捐款捐物，其中仅北京分行员工就通过中国红十字会捐款65万元；及时启动了信贷“绿色通道”，加快额度授信、贷款审批和发放速度，在依法合规的前提下，先后发放了217.26亿元专项贷款用于抗灾和灾后重建工作。同时，周密部署做好金融服务及运营安全工作，合理调整网点营业时间和员工力量，确保全力为灾区企业和群众提供及时、优质的金融服务，受到了社会各界好评。

建设银行将继续认真贯彻落实国家宏观经济政策，进一步深化体制机制改革，持续推进战略转型和结构调整，强化风险管理、客户服务和业务创新，在一季度优良业绩的基础上，努力完成2008年确定的全年经营目标。

China Construction Bank Reports

Good 2008Q1 Results

Hong Kong, 25 April 2008 -- China Construction Bank Corporation (“CCB” or “the Bank”) (Stock Code: 939) today announced its 2008 first-quarter business results. During the period, CCB fully implemented its scientific development strategy, strictly followed the government’s macro-economic control policy and further pushed adjustments in its business structure. With its efforts to strengthen risk management and optimize customer services, and with the continuing achievements of its strategic transformation process, the Bank maintained a steady and rapid growth momentum in all business segments and reported good operating results.

Sustainable Growth in Overall Profitability with Continuous Improvement in Revenue Structure

During the first quarter of 2008, CCB reported an operating income of RMB64.91 billion (All monetary figures mentioned in this press release are calculated according to the PRC GAAP and are denominated in renminbi), with total profit reaching 41.796 billion and net profit reaching 32.129 billion respectively. Net interest income and net fee and commission income were 54.436 billion and 10.724 billion respectively, reflecting a rapid growth momentum. Under the influence of an increasing return rate of loans and other factors involved, net interest spread between deposits and loans continued widening. The net interest spread and net interest margin for the first quarter were 3.12% and 3.26% respectively.

Steady Increase in CCB’s Balance Sheet; Further Optimization of Deposit and Loan Business Structure

As of 31 March 2008, the total assets of CCB reached 6,875.03 billion, representing an increase of 276.853 billion, or 4.20%, when compared with the end of the previous fiscal year, while the total liabilities rose by 4.06% or 250.765 billion compared to the end of the previous financial year, to 6,426.661 billion. During the first quarter, CCB used the implementation of macro-economic control policy as a juncture in its development to further accelerate the optimization of credit structure. It also placed a high priority on quality clients and projects related to the reconstruction of basic infrastructure projects of disaster areas in Southern China where they were seriously affected by snow storms at the beginning of the year, in order to satisfy their demands for credit and capital. As of 31 March 2008, net loans and advances to customers rose by 5.07% or 161.431 billion to 3,344.66 billion. There was a steady increase in total deposits, of which the amount of saving deposits demonstrated a relatively higher growth.

At the beginning of 2008, CCB launched the “Olympic Service Year (奥运服务年)” program in addition to continuing boosting the quality of services, in order to capture the opportunities arising from the sales peak of the Spring festival. Moreover, by increasing efforts to install more self-banking equipment, open wealth management centers, expand the agency function of electronic banking and implement wealth management sales activities in areas such as Beijing, Shanghai and Guangzhou, CCB provided quality financial services and strengthened its ability to attract deposits. As at the end of the first quarter, the Bank’s total deposits reached 5,638.618 billion, up 5.59% or 298.302 billion over the end of last year.

Robust Development in Intermediary Business with Sustainable and Rapid Growth Momentum

During the first quarter, there was a significant increase in the contribution of intermediary business to the Bank’s operating income. As of 31 March 2008, the net fee and commission income accounted for 16.5% of CCB’s operating income. There were a total of 16 products generating an income of more than 200 million. Among them, seven products reported an income of over 600 million, including bank cards and collection of bills, financial advisory services, fund agency services, guarantee services, insurance agency services, customer-driven purchases and sales of foreign exchange and customer-driven derivatives,.

Operating income from CCB’s investment banking division increased approximately twofold when compared with the same period of 2007. The Bank also underwrote 10 batches of short-term financing bonds, showing a significant growth in business. In addition, CCB issued more than 250 batches of wealth management products such as “Profit from Interest”, “CCB Wealth” and “Qiantu” and the amount of capital raised increased 16-fold when compared with the same period of last year.

CCB’s financial market business reported a faster growth, with strengthened product innovation capabilities and a strengthened sales force. A rapid growth was also recorded in the customer-driven foreign exchange transactions, particularly customer-driven purchases and sales of foreign exchange, foreign exchange trading and foreign exchange derivatives. These services reported a significant increase in trading volume and operating income.

Continuous Improvement in Asset Quality; Related Performance Indicators Stand Strong

Both the non-performing loan balance and non-performing loan ratio dropped in the first quarter of 2008. The amount of non-performing loan balance decreased by 9.134 billion from the end of the previous fiscal year. There was a 0.38 percentage point decrease in the non-performing loan ratio, to 2.22%. The Bank saw a general improvement in the quality of corporate loans, and a significant decline in both non-performing loan balance and non-performing loan ratio. The allowance for impairment losses to non-performing loans ratio rose by 3.38 percentage points to 107.79% from the end of the previous year. The capital adequacy ratio and core capital adequacy ratio were managed to maintain at a relatively high level, at 12.38% and 10.26%, respectively. 

Full Support to Disaster Relief and Rescue Work, and CSR Initiatives 

In early 2008, most areas in southern China were affected by unusual snow storms, CCB responded immediately and proactively by donating 12 million to 10 disaster-stricken provinces, including Hunan, Hubei, Anhui and Guizhou, to support rescue and relief work. In addition, many CCB staff generously donated money and items to the needy in the disaster areas. In particular, the CCB Beijing Branch donated 650,000 through the Red Cross Society of China.

In addition, the “Express Credit Channel” was opened in time to expedite credit extensions, loan approval and the issuing of loans. In compliance with laws and regulations, the Bank granted 21.726 billion of project loans for the relief work and reconstruction of the communities after the disaster. Meanwhile, CCB planned thoroughly for its financial services and the safety of operation, adjusting the operating hours and manpower of branches appropriately, to ensure that immediate and quality financial services were provided to sufferers in the affected areas. CCB’s efforts gained positive and wide recognition from the public.

CCB will continue to conscientiously conform with the government’s macro-economic control policy and further deepen reform in its systems and mechanisms. In addition, the Bank will further push forward its strategic transformation and structural adjustment process and strengthen risk management, customer service and business innovation. With the foundation built on the good operating results in the first quarter, CCB will strive to achieve the annual operating goals set by the Board of Directors.