Dongxing Securities gives Bank of Beijing a recommendation rating to improve asset quality and speed up retail transformation_ Oriental Fortune Net

　　Dongxing SecuritiesPosted on May 4thResearch reportsay, giveBank of Beijing(601169.SH, latest price: 4.57 yuan) Recommended rating.The reasons for the rating mainly include: 1) China Income achieved rapid growth and reduced provisions, and the first quarternet profitThe growth rate rebounded month-on-month; 2) Deeply cultivated in the capital’s economic construction, and has strong ability to expand business in different places; 3) The retail transformation continues to accelerate, and “stabilizing interest margins and increasing income” is expected to promote profitability; 4) The steady progress of digital transformation is expected to Empower the efficient operation of the whole bank; 5) Risks continue to be cleared, and asset quality is marginally improved. Risk warning: Deterioration of asset quality due to economic stall and downturn; unexpected changes in regulatory policies, etc.

(Article source: Daily Economic News)

Article source: Daily Economic News

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Original title: Dongxing Securities gave Bank of Beijing a recommendation rating, asset quality improved, and retail transformation accelerated