Q4 2021 CTBC Financial Holding Co Ltd Earnings Call Transcript
Welcome, everyone, to CTBC Financial Holding Company's 2021 Fourth Quarter Earnings Conference Call. (Operator Instructions) And today's host will be Ms. Ya-Ling Chiu, CFO and Spokesperson of CTBC Financial Holding Company; and Mr. Pai-Hung Yeh, Executive Vice President of Taiwan Life Insurance Company. And the presentation will begin now.
[Interpreted] Thank you, everyone, for joining CTBC's 4Q 2021 Earnings Call. Please turn to Page 4 on financial highlights. CTBC Holding delivered a robust operating result throughout 2021 with record after-tax profit of TWD 54.2 billion, up 27% Y-o-Y. ROE and ROA reached 13.7% and 0.79%, respectively. EPS was TWD 2.73. Holding remained well capitalized with CAR at 131% and double leverage ratio at 115%. CTBC Holding recently received 1 notch upgrade to A3 from Moody's.
Total lending increased 11%, led by sustained growth in domestic corporate loans, mortgage and unsecured consumer loans, pickup
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