二零一六年報
ANNUAL REPORT 2016
2016年報內容
Inside the 2016 Annual Report
1 企業背景
Corporate Profile
4 財務概況
Financial Performance
8 董事長報告
Report of the Chairman
10 行政總裁報告
Report of the Chief Executive Officer
20 2016業務回顧
2016 Review of Operations
35 董事及高級行政人員簡介
Biographies of Directors and Senior Executives
41 企業資料
Corporate Information
42 董事會報告書
Report of the Directors
46 財務報告
Financial Section
211 企業管治及其他資料
Corporate Governance and Other Information
中信銀行（國際）有限公司
China CITIC Bank International Limited
中信銀行（國際）有限公司（「中信銀行（國際）」）為 China CITIC Bank International Limited (“CNCBI”) is a wholly-owned
中信國際金融控股有限公司（「中信國金」）的全資 subsidiary of CITIC International Financial Holdings Limited (“CIFH”), which
附屬公司，自2015年8月27日起，中信國金為中信 in turn is a wholly-owned subsidiary of China CITIC Bank Corporation
銀行股份有限公司的全資附屬公司。 Limited since 27 August 2015.
中信銀行（國際）期望透過為大中華及海外客戶提 By providing value-creating financial solutions to define and exceed both
供方案，創造價值，將財富管理和國際商業銀行服 the wealth management and international business objectives of Greater
務提升到超越客戶期望的嶄新水平，成為擁有最高 China and overseas customers, CNCBI aspires to be the “China Bank of
國際水平及實力的客戶「首選中資銀行」。 Choice”, with the best international standards and capabilities.
中信銀行（國際）網絡遍佈大中華，包括香港的34 CNCBI’s footprint in Greater China includes 34 branches in Hong Kong, as
家分行以及北京、上海、深圳及澳門的網點。此 well as branches and presence in Beijing, Shanghai, Shenzhen and Macau.
外，中信銀行（國際）於紐約、洛杉磯及新加坡設 CNCBI also has overseas branches in New York, Los Angeles and Singapore.
有海外分行。
二零一六年報 001
Annual Report 2016
遠景 Our Vision
你首選的中資銀行
The China Bank of Choice
002 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
使命 Our Mission
我們旨在大中華及亞洲快速增長的過程 To be the China Financial Solutions Provider of Choice for
中，成為機構及個人客戶「首選的中資 institutional and personal customers who aspire to realise
銀行」。 the growth potential in Asia.
憑藉我們對中國市場的深切瞭解、內地 We focus on value creation for our stakeholders. Core
的廣闊人脈網絡及以客戶為主導的原 to our offering is our intimate knowledge of and our
則，務實高效地為股東、客戶和員工創 network capability in China, coupled with our customer-
富增值。 centric execution of world-class quality.
我們的主要競爭優勢，在於人才培育、 Nurturing of talent, team spirit and sharing of ownership
團體精神、權責分擔及成果共享。 and success are a key competitive advantage of ours.
核心價值 Our Core Values
以客為尊 Customer-centric
銳意進取 Progressive
務實高效 Execution
創富增值 Value Creating
集賢樹人 Building People, Building Team
恪守誠信 Integrity
二零一六年報 003
Annual Report 2016
財務概況 Financial Performance
2016年財務摘要 2016 Financial Highlights
%變動
全 年（ 百 萬 港 元 ） For the year (HK$ million) 2016 2015 % change
淨利息收入 Net interest income 4,129 3,420 +20.7
非利息收入 Non-interest income 2,284 2,411 -5.3
經營支出 Operating expenses (2,816) (2,564) +9.8
貸款及墊款及其他賬項 Impairment losses on loans and advances
減值虧損準備 and other accounts (553) (668) -17.2
稅前溢利 Profit before taxation 3,053 2,601 +17.4
所得稅 Income tax (505) (433) +16.6
股東應佔溢利 Profit attributable to shareholders 2,548 2,168 +17.5
%變動
於 年 結 日（ 百 萬 港 元 ） At year end (HK$ million) 2016 2015 % change
貸款及墊款 Loans and advances 183,764 169,870 +8.2
資產總值 Total assets 306,417 282,535 +8.5
存款總額 Total deposits 246,168 231,072 +6.5
股東權益 Shareholders’ equity 25,781 21,744 +18.6
財務比率 Financial ratios 2016 2015
資本充足比率 Capital adequacy 17.8% 16.5%
平均流動性維持比率 Average liquidity maintenance ratio 60.8% 61.8%
貸存比率 Loans to deposits 74.7% 73.5%
成本對收入比率 Cost to income 43.9% 44.0%
004 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務概況 Financial Performance
財務概況
Pro t attributable to shareholders (HK$ million) Financial Performance
Total assets (HK$ million) Shareholders’ equity (HK$ million)
16 2,548 16 306,417 16 25,781
15 2,168 15 282,535 15 21,744
14 2,801 14 249,141 14 19,941
13 2,135 13 216,308 13 17,176
12 1,557 12 177,181 12 15,052
5年財務概況 5 Year Financial Summary
全 年 結 算（ 百 萬 港 元 ） For the year (HK$ million) 2016 2015 2014 2013
淨利息收入 Net interest income 4,129 3,420 4,157 3,331 2,339
非利息收入 Non-interest income 2,284 2,411 1,849 1,416 1,377
經營支出 Operating expenses (2,816) (2,564) (2,453) (2,089) (1,808)
貸款及墊款及 Impairment losses (charged)/
其他賬項減值虧損 written back on loans and advances
（ 準 備 ）╱ 回 撥 and other accounts (553) (668) (181) (84) (91)
稅前溢利 Profit before taxation 3,053 2,601 3,374 2,554 1,866
所得稅 Income tax (505) (433) (573) (419) (309)
股東應佔溢利 Profit attributable to shareholders 2,548 2,168 2,801 2,135 1,557
於 年 結 日（ 百 萬 港 元 ） At year end (HK$ million) 2016 2015 2014 2013
貸款及墊款 Loans and advances 183,764 169,870 150,720 127,017 105,092
減值撥備 Impairment allowance 950 696 538 476
資產總值 Total assets 306,417 282,535 249,141 216,308 177,181
平均利息收益資產總值 Average interest earnings assets 278,223 248,689 225,872 182,077 169,560
存款總額 Total deposits 246,168 231,072 203,087 170,834 145,017
股東權益 Shareholders' equity 25,781 21,744 19,941 17,176 15,052
財務比率 Financial ratios 2016 2015 2014 2013
資本充足比率 Capital adequacy 17.8% 16.5% 17.3% 16.5% 18.2%
平均流動性維持比率 Average liquidity maintenance ratio 60.8% 61.8% – – –
全年平均流動資金比率 Average liquidity – – 64.9% 55.3% 59.4%
貸存比率 Loans to deposits 74.7% 73.5% 74.2% 74.4% 72.5%
貸款對資產總值比率 Loans to total assets 60.0% 60.1% 60.5% 58.7% 59.3%
綜合評估覆蓋比率 Collective assessment coverage 0.2% 0.2% 0.3% 0.3% 0.3%
成本對收入比率 Cost to income 43.9% 44.0% 40.9% 44.0% 48.7%
平均資產回報率 Return on average total assets 0.9% 0.8% 1.2% 1.1% 0.9%
平均股東權益回報率 Return on average shareholders' equity 10.3% 10.2% 14.9% 13.2% 10.8%
二零一六年報
Annual Report 2016
財務概況 Financial Performance
存款* Deposits*
1. 按類別劃分 By type 2016
往來 Current 9.4% 9.1%
儲蓄 Savings 19.6% 16.7%
定期 Fixed 71.0% 74.2%
合計 Total 100.0% 100.0%
2. 按到期日劃分 By maturity 2016
即時償還 On demand 29.0% 25.8%
少於3個月 Less than 3 months 61.2% 61.1%
超過3個月但不足1年 Over 3 months but less than 1 year 9.8% 12.9%
超過1年但不足5年 Over 1 year but less than 5 years – 0.2%
合計 Total 100.0% 100.0%
3. 按貨幣劃分 By currency 2016
港元 HKD 54.3% 50.8%
美元 USD 29.2% 24.3%
其他 Others 16.5% 24.9%
合計 Total 100.0% 100.0%
4. 存款賬目數目 Number of deposit accounts 2016
399,544 373,849
* 以客戶存款為基礎 * Based on customer deposits only
46.3% 23.2%
76.5%
49.4%
Personal & Business Banking Group
0.3%
Total Deposits Certicates of Deposit
Total Loans
Breakdown Breakdown
Others
Wholesale & Cross-border Banking Group
4.3%
006 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務概況 Financial Performance
財務概況 Financial Performance
貸款 Loan Portfolio
1. 按行業劃分 By industry sectors 2016
用於香港的貸款 Loans and advances for use in Hong Kong
工商及金融界： Industrial, commercial and financial:
物業發展 Property development 7.4% 7.7%
物業投資 Property investment 13.6% 11.5%
金融界 Financial concerns 5.0% 4.0%
股票經紀 Stockbrokers 1.7% 2.1%
批發及零售貿易 Wholesale and retail trade 9.3% 10.5%
製造業 Manufacturing 5.5% 4.4%
運輸業及運輸設備 Transport and transport equipment 1.6% 2.1%
娛樂活動 Recreational activities 0.7% 0.6%
資訊科技 Information technology 1.9% 0.0%
其他 Others 5.3% 4.7%
個人： Individuals:
購買「居者有其屋計劃」、 Loans for the purchase of flats under the
「私人發展商參建居屋 Home Ownership Scheme, Private Sector
計劃」及「租者置其屋 Participation Scheme and Tenants Purchase
計劃樓宇」的貸款 Scheme 0.0% 0.0%
購買其他住宅物業的貸款 Loans for the purchase of other residential properties 7.3% 7.3%
信用卡借貸 Credit card advances 0.2% 0.3%
其他 Others 4.5% 4.6%
貿易融資 Trade finance 5.8% 6.5%
用於香港以外地方的貸款及墊款 Loans and advances for use outside Hong Kong 30.2% 33.7%
合計 Total 100.0% 100.0%
2. 按地區分佈劃分 By geographical spread 2016
香港 Hong Kong 51.1% 51.0%
中國內地 Mainland China 36.3% 32.0%
美國 USA 3.2% 1.5%
新加坡 Singapore 3.0% 7.2%
其他 Others 6.4% 8.3%
合計 Total 100.0% 100.0%
3. 按年期劃分 By maturity 2016
即時償還 Repayable on demand 0.7% 4.4%
少於1 年 Less than 1 year 54.9% 55.1%
超過1 年但少於5 年 Over 1 year but less than 5 years 31.4% 27.8%
超過5 年 Over 5 years 10.9% 11.8%
無訂日期 Undated 2.1% 0.9%
合計 Total 100.0% 100.0%
4. 按貨幣劃分 By currency 2016
港元 HKD 48.3% 42.0%
美元 USD 42.4% 43.1%
其他 Others 9.3% 14.9%
合計 Total 100.0% 100.0%
5. 貸款賬目數目 Number of loan accounts 2016
481,102 439,206
二零一六年報 007
Annual Report 2016
董事長報告 Report of the Chairman
本人深感欣慰，在本人擔任中信銀行（國際）有 To my great delight, in my first full financial year as Chairman of China CITIC
限公司（「本銀行」）董事長的第一個完整會計年 Bank International Limited (“the Bank”), the Bank and its subsidiaries
(together “the Group”) successfully returned to the growth path, delivering
度，本銀行及其附屬公司（統稱「本集團」）成功
a set of respectable results for 2016 despite persistent headwinds in the
重返增長軌道。儘管外部環境充滿挑戰，「黑天 operating environment and increasing market volatility caused by several
鵝 事 件」頻 發， 導 致 市 場 跌 宕 起 伏， 本 集 團 在 “black swan events”.
2016年仍然交出了亮麗業績。
Profit attributable to shareholders increased by 17.5% year on year to
HK$2.55 billion. More encouragingly, total assets exceeded HK$300 billion
股東應佔溢利按年上升17.5%至25.5億港元。更令
for the first time, reaching HK$306.42 billion at end-2016, up 8.5% from
人鼓舞的是，2016年末總資產首次突破3,000億港 a year earlier. Healthy growth was recorded for both total deposits and
元至3,064.2億港元，較前年增加8.5%。總存款與 customer loans, which were respectively 6.5% and 8.2% ahead of end-
客戶貸款均錄得穩健增長，分別較2015年末上升 2015 levels. For 2016, retail deposits rose by 11.0%, faster than the growth
6.5%和8.2%。期間，零售存款增長11.0%，增幅超 in wholesale deposits. As a result, retail deposits accounted for 48.4% of the
過批發存款，佔全行客戶存款的48.4%，存款結構 Bank’s total customer deposits, representing a continued improvement in
deposit structure.
持續改善。
Last year the Bank strengthened its collaboration with parent bank China
去年本銀行加強了與母行中信銀行的業務協作和 CITIC Bank Corporation Limited (“CNCB”). With full support from CNCB, major
聯動，在母行的全力支持下，收購兼併貸款、 breakthroughs were achieved in various business areas such as merger and
結構性融資、牽頭籌組銀團貸款以及代客發行債 acquisition loans, structured finance, leading syndicated loans and issuing
bonds for clients. The collaboration between CNCB and the Bank has and
券等業務均取得了突破性進展。而且雙方合作範 will continue to broaden, from client referrals to servicing clients together,
圍也在不斷拓展，從單純轉介客戶到聯手服務客 from business expansion to risk management, and from building IT systems
戶，從業務開拓到風險管理，從系統開發到員工 to developing human resources, as the Bank fulfils its strategic function as
交流培訓，充分發揮了本銀行作為中信銀行海外 CNCB’s overseas integrated financial services platform.
綜合融資服務平台的戰略作用。
In September 2016 the Bank capitalized on the best market environment
and a window of opportunity to issue US$500 million of Basel III compliant
2016年9月，本銀行抓住最佳市場環境和時間窗 undated non-cumulative subordinated additional tier 1 capital securities.
口，成功發行了5億美元永續型非累積額外一級資 The issue was oversubscribed a few times, demonstrating the market’s
本證券，獲得數倍超額認購，充分反映了市場對 recognition of the Bank’s strong credit profile and healthy operations.
本銀行良好信用和穩健經營的認同。此次資本證 The capital securities have enhanced the Bank’s capital position and
sharpened its competitive edge, laying a firm foundation for future business
券的發行提升了本銀行的資本實力，增強了競爭
development.
能力，為本銀行進一步發展夯實了基礎。
Looking ahead into 2017, a period of uncertainty and instability looms
展望來年，外圍環境依然充滿了不確定性，新一 large as the incoming administration in the US has yet to fully unfold its
屆美國政府的經濟外交政策及其對全球市場的影 economic and foreign policies, and the impact of such policies on global
響還有待觀察。英國脫歐談判即將展開，歐盟主 markets needs to be monitored. Meanwhile, the British government is
officially initiating the process of reshaping a new relationship with the
要成員國將面臨政府換屆選舉，政治動蕩的風險 European Union, which itself is vulnerable to increasing risk of political
大增。面對種種未知之數，中國將繼續堅定不移 volatility as general elections will be held for key member states. In light of
地加快供給側經濟結構調整，推進”一帶一路” many unknowns, China will have to spare no effort to maintain sustainable
的對外開放戰略，保持經濟的可持續增長。 economic growth by steadfastly accelerating supply-side structural reforms
and pursuing opening-up strategies such as “One Belt, One Road”.
面對全球經濟不確定性的挑戰，以及中國經濟持 In spite of fluid global economic conditions, with sustained growth
續發展和繼續對外開放的機遇，本人對本銀行前 of China’s economy and the opportunities arising from the country’s
景依然保持樂觀。為應對不斷變化的市場環境， continuous opening-up, I remain optimistic about the prospects of the
本銀行將繼續進行業務轉型，走商業銀行與投 Bank. In response to changing circumstances, the Bank will continue to
資銀行業務並舉的發展道路，在母行的鼎力支持 undergo business transformation, developing both commercial banking
and investment banking businesses. On the back of strong support from
下，通過產品創新、渠道創新以及科技創新，不
parent bank, and with product innovation, channel innovation and IT
斷提高服務能力和風險管理水平，致力於為客戶 innovation that can enhance service capabilities and risk management,
提供全面的本地和跨境綜合金融服務，實現本銀 the Bank will strive to offer clients a comprehensive range of domestic and
行的長期穩健發展。 cross-border financial solutions, achieving healthy long-term growth in the
years ahead.
最後，本人謹向本銀行各董事會成員、管理團隊
Finally, I would like to express my sincere gratitude to my fellow Board
以及全體員工致以謝忱，感謝各位為本銀行可持 members, the Bank’s management team and all staff for their contribution
續發展作出的貢獻。同時，本人亦希望借此機會 to the Bank’s sustainable development. I also wish to thank our customers
衷心感謝所有客戶的長期信任與支持，這正是本 gratefully for their continued trust and support, which is the linchpin of our
銀行成功的關鍵所在。 success.
008 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
孫德順
董事長
Sun Deshun
Chairman
香港，2017年3月21日
Hong Kong, 21 March 2017
行政總裁報告 Report of the Chief Executive Officer
張小衛先生 Mr. Zhang Xiaowei
行長兼行政總裁 President & Chief Executive Officer
在 建 立 了 更 緊 密 關 係 後， 去 年 信 銀 國 際 與 母
行 中 信 銀 行 進 一 步 加 強 協 作 聯 動， 加 上 全 體
員 工 竭 誠 服 務， 努 力 不 懈， 股 東 應 佔 溢 利 錄
得17.5%的 良 好 增 長， 達25.5億 港 元， 同 時
總資產突破3,000億港元至3,064.2億港元。
Last year collaboration with parent bank, China
CITIC Bank, strengthened further with stronger
ties. Combined with the dedication and diligence
of the entire staff, this enabled China CITIC Bank
International to deliver a healthy 17.5% growth
in profit attributable to shareholders to HK$2.55
billion, while total assets exceeded HK$300 billion
to reach HK$306.42 billion.
面 對 多 變 和 充 滿 挑 戰 的 經 營 環 境， 中 信 銀 行 Against a fast-changing and challenging operating environment, China
（國際）有限公司（「信銀國際」）暨各附屬公司 CITIC Bank International Limited (“CNCBI”) and its subsidiaries
（統 稱「本 集 團」）及 時 應 變， 使 經 營 利 潤 在 經 (together “the Group”) responded rapidly, returning to the path of healthy
歷 前 一 年 短 暫 回 落 後 於2016年 重 新 回 到 穩 定 profit growth in 2016 after a temporary setback in the preceding year. In
增 長 軌 道。2016年 信 銀 國 際 充 份 發 揮 作 為 中 2016, CNCBI took full advantage of having China CITIC Bank Corporation
信 銀 行 股 份 有 限 公 司（「中 信 銀 行」）全 資 子 銀 Limited (“CNCB”) as parent bank to spur the collaboration with it on all
行 的 優 勢， 全 面 開 展 與 母 行 的 業 務 協 同 和 聯 fronts, expanding both the customer base and scope for development,
動， 擴 大 客 戶 基 礎， 擴 展 發 展 空 間， 取 得 了 which produced impressive results. 2016 was also a year when the Group
豐 碩 成 果。2016年 亦 是 本 集 團 投 資 加 強 科 技 enhanced its technology infrastructure, with an upgrade of the core banking
基 礎 設 施 建 設 的 一 年， 完 成 了 銀 行 核 心 業 務 system and installation of an advanced treasury system, commencement of
系 統 的 升 級 改 造， 上 線 了 先 進 的 財 資 業 務 系 cross-border host-to-host business system connectivity with parent bank, as
統， 實 現 了 與 母 行 業 務 系 統 的 跨 境 直 聯， 以 well as the introduction of several mobile banking applications, which have
及 推 出 了 多 項 手 機 銀 行 應 用 程 式， 為 本 集 團 set the stage for the Group’s sustainable growth in the years ahead.
未來的可持續發展奠定了堅實基礎。
010 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
1. 梁 建 文 先 生 2. 柏 立 軍 先 生 3. 簡 吳 秋 玉 女 士 4. 萬 紅 女 士
資訊科技及營運總監 替任行政總裁兼 執行董事、 替任行政總裁兼 執行董事、 副行政總裁兼
M r. M i c h a e l Le u n g 代理司庫 個人及商務銀行業務總 監 公司及 跨境業務總 監
C h i e f I n fo r m a t i o n a n d M r. B a i L i j u n M r s. H e l e n K a n M s. M a rg a re t M a n
Operations Officer Alternate Chief Executive O fficer & E xe c u t i ve D i re c to r & E xe c u t i ve D i re c to r &
Ac t i n g Tre a s u re r Alternate Chief Executive O fficer D e p u t y C h i e f E xe c u t i ve O f f i c e r
G ro u p H e a d o f Pe r s o n a l & G ro u p H e a d o f W h o l e s a l e &
Business Banking C ro s s - b o rd e r B a n k i n g
5. 黃 致 遠 先 生 6. 譚 日 恭 先 生 7. 劉 月 屏 女 士 8. 丘 仲 文 先 生
替任行政總裁、 首席法律顧問及 財務總監 行政總裁辦公室總監 稽核總監
內部監 控 總 監 M r. E l to n Ta m M s. Zo e L a u M r. D av i d Ya u
M r. R oy H u a n g C h i e f Fi n a n c i a l O f f i c e r D i re c to r o f C E O O f f i c e C h i e f Au d i to r
A l te r n a te C h i e f E xe c u t i ve O f f i c e r
G e n e r a l Co u n s e l &
G ro u p H e a d o f I n te r n a l Co n t ro l
9. 關 建 輝 先 生 10. 李 錫 生 先 生 11. 文 月 晶 女 士
風險管理總監 人事總監 合規總監
M r. D av i d Kwa n M r. J o h n Le e M s. R i t a M a n
Chief Risk Officer C h i e f Pe r s o n n e l O f f i c e r C h i e f Co m p l i a n c e O f f i c e r
7 8 9 10 11
1 2 3 4 5
二零一六年報
Annual Report 2016
行政總裁報告 Report of the Chief Executive Officer
經營環境 Operating Environment
在 本 報 告 年 度， 環 球 金 融 市 場 受 政 治 事 件 影 During the year under review, global financial markets were repeatedly
響， 尤 以 英 國 脫 歐 公 投 和 美 國 總 統 選 舉 為 shaken by political events, most notably Britain’s vote to leave the European
甚， 令 期 內 證 券 價 格 及 匯 價 出 現 大 幅 波 動。 Union and the American presidential election, with wide fluctuations in
但 是， 全 球 經 濟 增 長 趨 勢 並 沒 有 因 此 發 生 太 securities prices and currency values. The underlying economic growth
大 改 變。 美 國 經 濟 持 續 增 長， 就 業 率 持 續 改 trends, however, were hardly affected. The US economy remained firmly
善， 通 脹 率 逐 漸 回 升， 促 使 美 國 聯 邦 儲 備 局 on a recovery path with continuous improvement in employment data
於2016年12月 加 息25點 子， 為 金 融 海 嘯 以 來 and accelerating inflation, prompting the Federal Reserve Board to raise its
第 二 次 加 息。2016年 歐 元 區 經 濟 增 長1.7%， benchmark interest rate by 25 basis points in December 2016, the second
較 上 一 年 遜 色， 而 日 本 的 經 濟 復 蘇 步 履 蹣 hike since the financial tsunami. The expansion of the Eurozone at 1.7% for
跚， 全 球 貿 易 與 投 資 繼 續 疲 軟， 阻 礙 了 新 興 2016 was weaker than a year ago, while the progress of reflation remained
發展中國家的經濟增長。 lacklustre in Japan, and still sluggish global trade and investment flows
hindered the growth of emerging and developing countries.
繼2015年6.9%的 增 長，2016年 中 國 國 內 生 For China, following a 6.9% rise in real GDP in 2015, a steady growth of 6.7%
產 總 值 的 增 幅 企 穩 於6.7%， 主 要 受 惠 於 國 內 was achieved last year primarily on the back of solid domestic consumption
消費穩步上揚以及公共領域固定資產投資增 and public-sector fixed asset investment. Nevertheless, amid mounting
加。 然 而， 由 於 房 地 產 市 場 過 熱， 信 貸 規 模 concerns about an overheated housing market, aggressive credit growth
激 增， 以 及 人 民 幣 貶 值 加 速 資 本 外 流， 中 國 and more rapid liquidity outflow triggered by a weakening Renminbi
政 府 不 得 不 採 取 多 項 措 施 予 以 遏 止。 在 內 外 (“RMB”), the government had to introduce various measures to arrest these
部 需 求 不 足 的 背 景 下， 香 港 全 年 經 濟 增 速 下 developments. In the absence of strong external and domestic demand,
滑至1.9%，低於2014年的2.7%與2015年的 the expansion of the Hong Kong economy also decelerated to 1.9% in real
2.4%， 在 四 季 度， 商 品 與 服 務 出 口 以 及 私 人 terms for 2016, against 2.7% and 2.4% for 2014 and 2015 respectively. It was
消費支出才開始呈現出穩定跡象。 not until the fourth quarter of the year that exports of goods and services, as
well as private consumption expenditure, seemed to display some signs of
stability.
縱 觀 香 港 本 地 銀 行 業， 儘 管 利 率 在 歷 史 低 位 As regards the domestic banking sector in Hong Kong, although interest
徘 徊， 貸 款 需 求 仍 然 溫 和。2016年 末 貸 款 及 rates hovered around historical lows, loan demand stayed soft, with total
墊 款 總 額8.023萬 億， 按 年 增 長6.5%。 同 期 中 loans and advances of HK$8,023 billion at end-2016 being 6.5% ahead of the
國 內 地 相 關 貸 款（包 括 貿 易 融 資）上 升7.0%， amount at end-2015. The growth in total Mainland-related lending (including
但 人 民 幣 客 戶 存 款 年 末 總 計5,467.1億 人 民 trade finance) for the same period was 7.0%. However, the RMB customer
幣， 較 上 年 同 期 收 縮35.8%。 根 據 香 港 金 管 局 deposit base in Hong Kong shrank by 35.8% from end-2015 to RMB546.71
統 計， 香 港 零 售 銀 行2016年 稅 前 經 營 總 收 入 billion at the close of 2016. According to the HKMA, the aggregate pre-tax
與上年同期相比錄得8.7%的增長。 operating profit of retail banks’ Hong Kong offices recorded a growth of 8.7%
in 2016 compared with a year ago.
財務表現 Financial Performance
2016年， 本 集 團 業 務 表 現 優 於 同 業 整 體 水 For the year 2016, the Group’s performance was ahead of the industry as
平。 經 營 收 入 按 年 上 升10.0%至64.1億 港 元。 a whole. Operating income increased by 10.0% year on year to HK$6.41
撥 備 後 利 潤30.4億 港 元， 按 年 增 加17.1%。 股 billion. Profit after impairment was up by 17.1% to HK$3.04 billion, while
東 應 佔 溢 利25.5億 港 元， 較 上 年 增 加17.5%。 profit attributable to shareholders grew by 17.5% to HK$2.55 billion. Return
平 均 資 產 回 報 率0.87%， 較 上 年 提 升4點 on average assets at 0.87% was four basis points higher than the previous
子。 平 均 股 東 權 益 回 報 率 按 年 微 升1點 子 至 year, while return on average shareholders’ equity was 10.25%, edging up
10.25%。 one basis point year on year.
012 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
行政總裁報告 Report of the Chief Executive Officer
2016年 利 潤 增 長 主 要 受 益 於 淨 利 息 收 入 躍 升 The resumption of profit growth in 2016 was principally driven by a 20.7%
20.7%至41.3億 港 元。 隨 著 與 母 行 持 續 深 入 合 rise in net interest income to HK$4.13 billion. With closer collaboration with
作， 本 集 團 不 斷 擴 大 跨 境 融 資 業 務， 在 結 構 parent bank, the Group continued to expand its cross-border financing
性 融 資 與 銀 團 貸 款 市 場 取 得 顯 著 發 展。 客 戶 business, gaining ground in the structured finance and syndication market.
存 款 利 息 成 本 下 降 帶 動 淨 息 差 按 年 擴 大10點 Net interest margin improved by 10 basis points year on year to 1.48% given
子至1.48%。 lower interest cost of customer deposits.
非利息收入22.8億港元，較上年下跌5.3%，主 Non-interest income for the year amounted to HK$2.28 billion, which was
要 由 於 財 資 與 環 球 市 場 業 務 收 入 的 減 少， 但 5.3% lower than a year ago. The drop was mainly due to reduced profit
是 貸 款 及 融 資 手 續 費 收 入， 以 及 保 險 產 品 銷 contribution from Treasury and Markets (“TMG”) activities. Apart from this,
售 收 入 均 呈 現 出 大 幅 上 升 趨 勢， 債 務 資 本 市 loan fees and income from selling insurance products continued to post
場業務也順利起步，發展勢頭良好。 excellent growth, while TMG’s Debt Capital Markets (“DCM”) operations got
off to a good start and have developed well.
與 此 同 時， 本 集 團 繼 續 加 大 對 資 訊 科 技 的 投 As the Group continued to make substantial investments in technology,
入。 因 此， 去 年 本 集 團 總 經 營 成 本 按 年 增 total operating expenses rose by 9.8% year on year, which was slightly
加9.8%， 略 低 於 收 入 的 增 幅。 成 本 收 入 比 below income growth. Cost to income ratio at 43.9% was at a level similar to
43.9%，與前年基本持平。 that of the previous year.
財務狀況 Financial Position
截 至 報 告 期 末， 本 集 團 總 資 產3,064.2億 港 At end-2016, the Group’s total assets stood at HK$306.42 billion, representing
元， 較 上 年 末 增 加8.5%。 總 存 款 餘 額2,461.7 an 8.5% increase from a year ago. Total deposits amounted to HK$246.17
億 港 元， 客 戶 貸 款 餘 額（包 括 貿 易 票 據） billion, while customer loans including trade bills totalled HK$183.76 billion,
1,837.6億 港 元， 分 別 同 比 上 漲6.5%和8.2%， up 6.5% and 8.2% respectively from end-2015. Loans to deposits ratio
貸 存 比 率 相 應 由73.5%上 升 至74.7%。 本 集 團 therefore increased to 74.7% from 73.5%. The Group continued to adopt
採 用 謹 慎 的 貸 款 分 類 政 策， 截 至2016年 末， a prudent loan classification policy. At end-2016, impaired loan ratio was
不良貸款率0.96%，較前年微升7點子。 0.96%, seven basis points higher than a year earlier.
2016年1月， 中 信 銀 行 的 全 資 子 公 司， 即 信 In January 2016, HK$1.8 billion of capital was injected into CNCBI by its
銀 國 際 母 公 司， 向 信 銀 國 際 注 資18億 港 元。 immediate parent company, which is a wholly-owned subsidiary of CNCB.
2016年9月， 信 銀 國 際 又 成 功 發 行5億 美 元 永 In addition, in September 2016, CNCBI successfully issued US$500 million
續 型 非 累 積 額 外 一 級 資 本 證 券， 進 一 步 鞏 固 of undated non-cumulative subordinated additional tier 1 capital securities,
本 行 資 本 實 力。 截 至2016年 末， 本 集 團 總 資 which helped to expand its capital base further. At end-2016, the Group’s
本 充 足 比 率 較 上 年 末 增 加124點 子 至17.75%， total capital adequacy ratio increased by 124 basis points year on year to
一 級 資 本 比 率13.73%， 普 通 股 權 一 級 資 本 比 17.75%. Its tier 1 capital ratio was 13.73% whereas its common equity tier
率10.81%， 均 高 於 監 管 要 求。 平 均 流 動 性 維 1 capital ratio stood at 10.81%. These levels remained comfortably above
持比率60.8%，繼續保持非常穩健水平。 regulatory requirements. Meanwhile, average liquidity maintenance ratio
was 60.8%, remaining at a very healthy level.
二零一六年報 013
Annual Report 2016
行政總裁報告 Report of the Chief Executive Officer
業務回顧 Business Review
公司及跨境業務部 Wholesale and Cross-border Banking Group
去 年， 公 司 及 跨 境 業 務 部 在 結 構 性 融 資 與 銀 Wholesale and Cross-Border Banking (“WBG”) showed a substantial increase
團 貸 款 方 面 的 業 務 能 力 不 斷 增 強。 中 信 銀 行 in its capability in structured finance and syndication business last year.
與 信 銀 國 際 作 為 聯 合 牽 頭 行， 為 一 家 中 資 企 Together with CNCB, CNCBI acted as the joint global coordinator to lead a
業 提 供 一 項 具 里 程 碑 意 義 的 跨 境 信 貸 便 利， landmark cross-border financing facility in support of a Chinese enterprise
協 助 該 企 業 成 功 收 購 一 家 海 外 公 司， 這 是 有 to acquire an overseas company. This transaction was the biggest ever
史以來中國企業在海外進行的最大一筆併購 overseas acquisition deal sealed by a mainland Chinese corporation and
交 易， 也 是 亞 洲 有 史 以 來 最 大 的 一 項 銀 團 收 also the largest ever syndicated acquisition loan in Asia. In keeping with
購 貸 款。 配 合 國 家 提 出 的”一 帶 一 路”和 內 the Chinese government’s development strategies of developing “One
地 企 業”走 出 去”的 發 展 戰 略， 公 司 及 跨 境 Belt, One Road” and encouraging Chinese enterprises to “Go Global”, WBG
業務部積極支持中信銀行戰略客戶在海外的 has proactively supported CNCB’s strategic customers to expand and
發 展 和 投 資， 於2016年6月 成 立 了 戰 略 客 戶 invest overseas. In June 2016, a strategic clients unit was established to
部， 專 門 負 責 中 信 銀 行 的 戰 略 客 戶 及 重 點 客 be solely responsible for dealing with the strategic and key customers of
戶。 同 時， 公 司 及 跨 境 業 務 部 繼 續 增 加 對 海 CNCB. Meanwhile, investments in strengthening the capability of overseas
外 分 行 的 投 資， 以 滿 足 本 行 企 業 客 戶 日 益 增 branches continued to increase in order to satisfy the growing demand of
強 的 跨 境 金 融 服 務 需 求。 截 至 報 告 期 末， 公 the Bank’s corporate clients for cross-border financial services. At end-2016,
司 及 跨 境 業 務 貸 款1,405.7億 港 元， 比 上 年 末 WBG customer loans reached HK$140.57 billion, up 9.1% from a year ago,
增長9.1%，報告期內實現淨利息收入30.8億港 while net interest income and non-interest income for 2016 grew by 12.7%
元，非利息收入8.92億港元，分別比上年增長 and 19.8% year on year respectively to HK$3.08 billion and HK$892 million.
12.7%和19.8%。
個人及商務銀行部 Personal and Business Banking Group
儘 管2016年 零 售 銀 行 競 爭 激 烈 及 經 營 環 境 Despite intense competition and challenging operating conditions,
充 滿 挑 戰， 但 個 人 及 商 務 銀 行 部 仍 善 用 其 競 Personal and Business Banking (“PBG”) was able to take advantage of many
爭 優 勢， 抓 準 市 場 機 遇， 持 續 維 持 增 長 動 opportunities available in the market and sustain its growth momentum,
力。 經 營 收 入 及 存 貸 規 模 均 再 創 歷 史 新 高。 attaining historic highs in operating income as well as deposits and loans.
報 告 期 內 經 營 收 入23.8億 港 元， 比 上 年 增 長 For 2016, operating income was HK$2.38 billion, up 19.6% year on year. At
19.6%。 截 至 報 告 期 末， 客 戶 存 款1,139.1億 港 end-2016, PBG customer deposits reached HK$113.91 billion while customer
元， 比 上 年 末 增 長11.0%。 客 戶 貸 款427.1億 loans amounted to HK$42.71 billion, representing increases of 11.0% and
港 元， 比 上 年 末 增 長4.8%， 客 戶 貸 款 資 產 素 4.8% respectively from a year ago, and the growth in interest-earning assets
質 持 續 保 持 穩 定。 與 母 行 聯 動 方 面， 全 面 實 was achieved without compromising on asset quality. On collaboration with
施 代 理 見 證 開 戶， 聯 動 客 戶 業 務 收 入 雙 算 考 parent bank, remote account opening services were fully implemented
核， 推 動 中 間 收 入 比 前 一 年 顯 著 增 加， 替 跨 during the year, and the business generated would be accounted for by
境 客 戶 管 理 資 產 規 模 增 加6倍， 私 人 銀 行 收 入 both CNCBI and CNCB. This contributed to a marked increase in the income
按 年 勁 增 超 過3倍。 另 一 方 面， 零 售 條 線 堅 持 from intermediary services. With a six-fold expansion in assets under
發 展 移 動 銀 行 的 戰 略， 成 為 在 香 港 首 間 設 立 management for cross-border customers, the revenue of private banking
存 款 戶 口 綁 定WeChat Pay香 港 錢 包 服 務 的 銀 also surged by over 3 times. In addition, retail banking has been committed
行， 讓 客 戶 可 隨 時 隨 地 享 受WeChat Pay免 費 to pursuing a mobile banking strategy. Last year, CNCBI launched Hong
的流動支付服務。 Kong’s first deposit account binding to the WeChat Pay Hong Kong Wallet,
affording customers the convenience of free WeChat Pay mobile payment
services.
014 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
行政總裁報告 Report of the Chief Executive Officer
財資及環球市場部 Treasury and Markets Group
受 離 岸 人 民 幣 利 率、 匯 率 劇 烈 波 動 的 影 響， In light of highly volatile offshore RMB interest rates and exchange rates in
2016年 資 金 營 運 中 心 整 體 收 入 略 有 下 降， 但 2016, the revenue of Central Treasury Unit (“CTU”) eased slightly year on
下半年表現優異，較上半年收入環比增長1.74 year. Yet on a half-on-half basis, its performance in the second half of the
億 港 元。 抓 住 美 元 利 率 整 體 走 勢 及 階 段 性 交 year was much stronger, with an increase of HK$174 million in revenue
易 機 會， 債 券 投 資 相 關 收 入 按 年 顯 著 上 升， when compared with the first six months. Benefitting from the general
其 中 債 券 投 資 利 息 收 入 增 長29%， 交 易 性 收 trend of US interest rates and trading opportunities at various stages,
入 增 長3.6倍。 環 球 市 場 部 克 服 對 單 一 產 品 the income derived from bond investment enjoyed noticeable growth
的 依 賴， 加 強 基 礎 產 品 銷 售， 設 計 營 銷 人 民 year on year, with a 29% rise in interest income and a 3.6 times jump
幣 貶 值 環 境 下 客 戶 風 險 管 理 方 案， 積 極 推 進 in trading gains. TMG has successfully reduced its reliance on a single
債 務 資 本 市 場 業 務， 銷 售 收 入 按 年 錄 得 溫 和 product. In addition to boosting the sales of basic products, it crafted and
增 長； 其 中 債 務 資 本 市 場 業 務 於2016年6月 marketed risk management solutions for clients against the backdrop of
正 式 開 展， 成 功 在 競 爭 激 烈 的 市 場 環 境 下 打 a depreciating RMB, and worked hard to promote its DCM business. As
下 基 礎， 贏 得 市 場 聲 譽， 全 年 共 完 成13支 債 such, TMG’s marketing revenues in 2016 recorded a moderate year-on-year
券 發 行。 上 線 了 新 一 代 交 易 及 風 險 管 理 系 統 increase. Notably, commencing operations in June 2016, the DCM unit,
MUREX， 提 高 了 產 品 開 發 能 力 及 風 險 管 理 水 despite intense market competition, managed to build a strong business
平， 將 更 好 地 滿 足 客 戶 交 易 需 求 並 進 一 步 拓 foundation and earn good reputation, completing 13 issuances in the year.
展客戶基礎。 To increase the capability of product innovation and risk management, a
new generation trading and risk management system, MUREX, has been
brought into operation, which should help better fulfil the trading needs of
clients and further expand the client base.
風險管理及內部監控 Risk Management and Internal Control
董 事 會「信 貸 及 風 險 管 理 委 員 會」和「審 核 委 The Credit and Risk Management Committee and Audit Committee of the
員會」負責監控本集團的風險管理和內部監控 Board are responsible for overseeing the risk management and internal
事 宜， 有 關 委 員 會 均 由 資 深 獨 立 董 事 領 導。 control of the Group. These committees are led by experienced and
本 集 團 致 力 於 不 斷 強 化 風 險 管 理 系 統、 實 踐 independent directors. The Group strives to reinforce the risk management
與 文 化， 依 據 本 集 團 戰 略 發 展 方 向 對 風 險 偏 system, practices and culture. The Risk Appetite Statement and risk
好 陳 述 書 與 量 化 指 標 進 行 優 化。 此 外， 進 一 indicators continue to be strengthened in line with the Group’s strategic
步 完 善 全 行 壓 力 測 試， 深 化 資 本 及 流 動 性 管 direction. Furthermore, comprehensive bank-wide stress testing, capital
理，以應對不斷變化的市場環境。 management and liquidity management continue to be enhanced with
regard to the evolving market environment.
鑒 於 全 球 經 濟 波 動 和 充 滿 不 確 定 性， 本 集 團 Given the uncertainties of a turbulent global economy, the Group focuses
重 視 嚴 格 的 貸 款 風 險 評 估 和 授 信 審 批， 積 極 on conducting rigorous risk assessments and credit approval, proactively
管 理 覆 核 貸 款 組 合， 制 定 審 慎 投 資 策 略， 加 managing and reviewing the loan portfolios, formulating prudent
強 資 本 及 流 動 性 管 理， 確 保 與 本 集 團 風 險 偏 investment strategies and strengthening capital and liquidity management
好 相 符。 此 外， 本 集 團 致 力 優 化 客 戶 基 礎， as befits the Group’s risk appetite. In addition, the Group continues to
業 務 向 優 質 戰 略 性 客 戶 轉 移， 以 跨 境 聯 動 客 optimize the customer mix by targeting quality strategic key customers,
戶、 母 行 與 中 信 集 團 轉 介 客 戶、 國 企 央 企 客 including cross-border collaboration customers, strategic customers referred
戶為工作重點。 by parent bank and the CITIC Group, state-owned enterprises and central
government-owned enterprises.
二零一六年報 015
Annual Report 2016
行政總裁報告 Report of the Chief Executive Officer
信 貸 風 險 管 理 方 面， 本 集 團 堅 持 嚴 格 的 信 貸 In terms of credit risk management, the Group is committed to upholding
政 策， 強 化 對 客 戶 現 金 流、 貸 款 用 途 以 及 所 stringent credit policies, as well as conducting in-depth credit assessments
屬 行 業 前 景 的 審 查 和 評 估。 此 外， 本 集 團 積 of customers’ cash flow positions, loan purposes and industry prospects.
極 監 管 集 中 度 風 險， 關 注 易 受 潛 在 經 濟 下 行 Moreover, the Group performs proactive monitoring of concentration risks,
負 面 影 響 的 客 戶、 投 資 組 合 與 行 業。 本 集 團 customers, portfolios and industries that could be adversely impacted by
採 取 穩 健 保 守 的 撥 備 政 策，2016年 減 值 撥 備 potential economic slowdown. The Group adopts a prudent provisioning
合計5.53億港元。 policy with HK$553 million of impairment made in 2016.
因為跨境業務導致外匯風險與利率風險大幅 Foreign exchange and interest rate risks associated with cross-border
上 升， 所 以 市 場 風 險 管 理 繼 續 扮 演 重 要 角 business have significantly increased. Market risk management continues
色。 本 集 團 構 建 了 健 全 的 風 險 管 理 框 架 及 清 to play an important role. Clear risk limits have been set within a robust
晰 明 確 的 風 險 額 度， 就 有 關 風 險 指 標 進 行 每 management framework, whereby these limits are monitored daily, stress
日 監 控， 並 定 期 進 行 壓 力 測 試， 一 旦 發 現 市 tests are conducted periodically and close tracking is performed whenever
場異常便會及時展開調查並採取相應措施。 unusual events occur in the market. Further investigation will be conducted
in a timely manner, with appropriate measures to be implemented.
操 作 風 險 管 理 方 面， 本 集 團 一 直 盡 最 大 努 力 With respect to operational risk management, the Group continuously
識 別 與 降 低 操 作 風 險， 以 優 良 的 運 作 營 造 一 strives to identify and minimize operational risks as much as practicable.
流 客 戶 體 驗 作 為 目 標， 據 此 確 立 操 作 風 險 偏 The Group’s operational risk appetite is driven by its continuous pursuit of
好。 為 達 到 此 目 標， 我 們 正 開 展 多 個 項 目 來 delivering excellent customer experience through operational excellence. To
優 化 現 有 操 作 風 險 工 具， 引 進 全 新 內 部 監 控 align with this, we are executing various programs to enhance operational
手段以改善本集團操作環境。 risk management effectiveness and introducing new internal control
measures to address emerging risks in response to a changing operational
environment.
人力資源發展 Human Resources Development
聘 用、 培 訓 以 及 挽 留 經 驗 豐 富 的 優 秀 員 工 對 Recruiting, training and retaining qualified personnel with sufficient
本 集 團 的 戰 略 轉 型 和 業 務 增 長 至 關 重 要。 人 experience and knowledge is essential to the transformation and growth
力 資 源 部 門 歷 來 採 取 平 衡 策 略， 既 要 保 留 關 of the Group’s business. Human Resources Group always has to perform a
鍵 人 才， 又 要 控 制 員 工 成 本， 因 為 此 成 本 是 balancing act between sustaining a pool of critical talents and containing
營運費用的重要組成部份。 staff cost, which is a significant component of the overheads.
我 們 樂 於 見 到，2016年 度 本 集 團 在 僅 僅 增 加 We are pleased that for 2016, the Group managed to deliver impressive
5%固 定 員 工 人 數 的 情 況 下， 仍 然 取 得 了 驕 人 financial results with only a 5% increase in permanent headcount, while
的 財 務 表 現， 而 總 員 工 成 本 則 維 持 在 預 算 之 overall staff cost was kept within budget. Moreover, the voluntary turnover
內。 與 此 同 時， 去 年 自 願 離 職 率 較2015年 下 rate fell by more than 20% compared with 2015. The Group has continued
降逾20%。本集團將繼續通過提供一系列財務 to offer a range of financial and non-financial incentives to attract, retain
與 非 財 務 獎 勵 措 施 吸 引、 挽 留 和 激 勵 人 才， and motivate talents. Various staff retention and engagement initiatives,
包 括 績 效 獎 金、 福 利、 員 工 康 樂 與 團 隊 合 作 spanning from awarding performance bonus to offering welfare, recreation,
活 動 等。 本 集 團 亦 嘗 試 通 過 員 工 在 非 工 作 領 leisure and team-building activities, were deployed. The Group has also
域 的 合 作 加 強 其 歸 屬 感。 例 如，「團 隊 力 量 奧 attempted to boost a sense of belonging through cooperation in non-
林匹克」是全行一項集運動競技與遊戲於一體 work areas. For instance, the “TeamPower Olympics” was a bank-wide staff
的 員 工 活 動， 旨 在 強 化 員 工 團 隊 合 作 精 神， engagement initiative which mixed sports competition and fun games,
培養樂觀進取的態度。 helping to build strong teamwork and nourish a can-do attitude among the
staff.
016 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
行政總裁報告 Report of the Chief Executive Officer
本 集 團 重 視 員 工 可 持 續 發 展， 不 斷 開 展 多 個 The Group also stresses continuous employee development. We have
培 訓 項 目， 以 提 升 員 工 業 務 技 能 及 專 業 知 識 been providing various workshops to enhance the overall competence
水 平。 在 本 報 告 年 度， 推 出 了 管 理 人 員 培 訓 and professional standards of the staff. During the year under review, the
課 程， 強 化 其 人 事 管 理 能 力， 同 時 制 定 了 領 “Effective People Manager Program” was offered to strengthen the people
導 力 發 展 框 架， 為 培 養 本 集 團 未 來 領 導 人 才 management skills of our managers, while the “Leadership Development
奠 定 基 礎。 去 年 每 名 員 工 的 年 均 培 訓 時 間 維 Framework” was developed to lay the foundation for grooming future
持在五日。 leaders of the Group. An average of five training days per staff member was
maintained.
展望 Outlook
展 望2017年， 世 界 經 濟 將 繼 續 轉 好， 增 長 While the world economy has to a large extent remained on an upward
動 力 有 所 加 強， 唯 各 國 政 策 的 不 確 定 性 會 是 trajectory with stronger growth momentum projected for 2017, policy
左 右 此 趨 勢 的 主 要 因 素。 在 發 達 經 濟 體 中， uncertainty is likely to be the principal overhang. Among advanced
美 國 國 內 生 產 總 值 的 增 速 將 繼 續 一 枝 獨 秀， economies, the US should stay in the lead in terms of GDP growth, especially
尤其是如果新政府能如預期般實施有力的擴 if the new administration implements substantial expansionary fiscal
張 性 財 政 政 策。 然 而， 這 可 能 導 致 通 脹 壓 力 policies as expected. However, this may exacerbate inflation pressure and
增 大， 促 使 美 國 聯 邦 儲 備 局 加 快 收 緊 貨 幣 政 precipitate sharper monetary tightening by the Federal Reserve Board.
策。 與 此 同 時， 發 達 國 家 的 保 護 主 義 勢 力 抬 Moreover, a tide of protectionist sentiments is palpable among developed
頭， 並 可 能 會 隨 著 歐 元 區 國 家 出 現 政 局 變 動 nations and can escalate with more political changes in the Eurozone. If
而 變 本 加 厲， 若 因 此 而 導 致 急 劇 的 政 策 轉 such leanings are translated into dramatic policy shifts, they may not only
向， 勢 必 會 重 創 國 際 貿 易， 窒 礙 國 際 資 本 流 imperil the global trade sector profoundly and disrupt international fund
動， 令 地 區 緊 張 局 勢 惡 化， 進 而 危 及 原 本 脆 flows but also heighten geopolitical tensions, potentially derailing the fragile
弱的全球經濟復蘇，並且加劇金融市場波動。 global recovery in recent years and intensifying the volatility in financial
markets.
面 對 不 穩 定 的 外 部 環 境， 中 國 以「穩 中 求 進」 In the face of unsettled external conditions, China has prioritized “growth
作 為 未 來 經 濟 發 展 首 要 政 策 目 標， 靠 持 續 深 with stability” as its primary policy goal for the year ahead. Such stability
化 供 給 側 結 構 性 改 革， 加 大 財 政 政 策 刺 激 力 is expected to be anchored in continuous supply-side structural reforms,
度， 以 及 採 取 穩 健 的 貨 幣 政 策 來 達 到 此 目 supportive fiscal stimulus and a prudent monetary policy. A gradual
標。 只 要 能 進 一 步 鞏 固 工 業 去 產 能 成 果， 並 slowdown in headline GDP growth will be acceptable as long as the initial
且 進 一 步 改 善 經 濟 結 構， 由 投 資 驅 動 轉 向 由 success in eliminating excess industrial capacity can continue, and there
消 費 驅 動， 由 依 賴 低 附 加 值 工 業 轉 向 發 展 高 is sustained progress in rebalancing the economy from being heavily
新 技 術 產 業 和 服 務 業， 經 濟 增 速 逐 漸 放 緩 相 reliant on investment to being more driven by consumer spending, and
信 是 可 以 接 受 的。 與 此 同 時， 中 國 政 府 將 加 from clinging to low value-added industrial activities to developing high-
強 信 貸 增 長 管 理， 防 止 資 產 泡 沫 形 成， 避 免 tech and advanced manufacturing together with the service sector. In the
人民幣過度貶值加劇資本外流。 meantime, the Chinese government is expected to manage credit growth
to preclude asset bubbles and stem a disorderly depreciation of the RMB
that may aggravate capital outflows.
二零一六年報 017
Annual Report 2016
行政總裁報告 Report of the Chief Executive Officer
由 於 外 部 經 濟 環 境 日 益 複 雜 多 變， 香 港 銀 行 Given increasing complexities and vagaries of the external economic
將 迎 來 又 一 充 滿 挑 戰 的2017年。 但 我 們 相 信 environment, the banks in Hong Kong will have to contend with another
挑 戰 與 機 遇 相 伴 而 來。 歷 史 證 明 陡 峭 的 孳 息 challenging year in 2017. Yet with challenges come opportunities, in our
曲 線 往 往 對 銀 行 的 收 益 有 利。 此 外， 為 應 付 view. History shows that a steeper yield curve usually bodes well for banks’
正 在 抬 頭 的 貿 易 保 護 主 義， 中 國 勢 將 進 一 步 profitability. Moreover, to battle against emergent protectionism, China is
落 實 國 家 戰 略 部 署（「一 帶 一 路」、「走 出 去」 set to step up efforts to implement various key strategic policy initiatives
和 自 貿 區 發 展）， 加 強 與 區 域 及 國 際 貿 易 夥 伴 (namely “One Belt, One Road”, “Go Global” and free-trade zones) that can
的 合 作 關 係。 同 時， 雖 然 中 國 政 府 對 國 內 信 help cement its relations with regional and international trading partners.
貸 擴 張 採 取 審 慎 態 度， 但 對 企 業 進 行 海 外 跨 While the Chinese government is wary of the pace of domestic credit
境 融 資 卻 比 較 寬 容， 香 港 作 為 最 重 要 的 人 民 expansion, it appears to be more relaxed about mainland enterprises
幣 離 岸 中 心 必 將 受 益 良 多。 另 一 方 面， 美 國 seeking cross-border financing abroad, which should render Hong Kong a
新 任 總 統 唐 納 德特 朗 普 近 期 要 求 重 新 審 視 prime beneficiary given the city’s status as the leading offshore RMB centre.
《2010多 德 － 弗 蘭 克 法 案》， 有 機 會 放 寬 部 份 Further out, US President Donald Trump has recently ordered to review
金 融 監 管 條 例， 給 其 它 地 區 金 融 監 管 方 向 帶 the 2010 Dodd-Frank act, which may result in relaxation of some restrictive
來重大影響。 financial regulations and have important implications for regulatory regimes
elsewhere.
以上種種的市場變化很可能有助本集團繼續 Such market dynamics can arguably work in the Group’s favour as it
在 各 方 面 拓 展 跨 境 業 務， 作 為 母 行 中 信 銀 行 continues to expand its cross-border business on various fronts to fulfill
的唯一海外國際化平台，並致力打造成為「最 its role as parent bank’s sole offshore international platform, and to strive
佳 海 外 綜 合 融 資 服 務 銀 行」。2017年， 我 們 將 to become “the best overseas integrated financial services provider”. For
實 施 三 管 齊 下 的 戰 略， 即 持 續 業 務 轉 型、 持 2017, a three-pronged strategy will be adopted, i.e. continued business
續投入金融科技與持續強化風險管理。 transformation, continued investment in technology and continued
enhancement of risk management.
與中信銀行及中信集團的聯動合作是支持本 Capitalizing on close collaboration with CNCB and connection with the
集 團 由 傳 統 銀 行 業 務 向「輕 資 本、 輕 資 產」 CITIC Group remains the bedrock of the Group’s endeavour to diversify
轉 型 的 重 要 基 石。 隨 著 去 年 中 信 銀 行 與 信 銀 away from conventional banking operations to promote capital-light and
國 際 銀 企 直 聯 的 成 功 開 通， 中 信 銀 行 在 岸 客 asset-light growth. With cross-border host-to-host connectivity successfully
戶， 包 括 中 信 集 團， 可 進 行 實 時 賬 戶 查 詢 以 established between CNCB and CNCBI last year, the onshore customers
及 香 港 子 公 司 和 關 聯 公 司 的 內 部 轉 賬， 標 誌 of CNCB, including the CITIC Group, can conduct account enquiries and
著 三 方 合 作 跨 進 了 一 大 步。 此 外， 中 信 銀 行 internal transfers with their subsidiaries and associated companies in Hong
與 信 銀 國 際 作 為 聯 席 全 球 協 調 人， 協 助 一 家 Kong, representing a crucial step in strengthening the ties among the three
中資企業完成了中國經濟史上最大一筆的海 entities. Meanwhile, CNCB and CNCBI acted as joint global coordinators
外 併 購 交 易， 是 本 集 團 與 母 行 合 作 共 贏 的 一 last year to help finance a mainland enterprise in the biggest ever overseas
個重要里程碑。 acquisition in Chinese economic history, marking an important milestone in
their collaborative effort.
未 來， 為 企 業 兼 併 收 購 提 供 授 信， 推 動 資 本 Going forward, arranging credit facilities for mergers and acquisitions,
市 場 結 構 性 融 資， 以 及 為 內 地 企 業 海 外 業 務 coupled with structured finance relating to capital market activities and
和 投 資 提 供 資 金， 仍 是 本 集 團 授 信 業 務 發 展 funding mainland corporations’ overseas businesses and investments, will
重 中 之 重。 同 時， 本 集 團 將 依 托 新 設 立 的 債 remain the main focus of the Group’s credit business development. The
務 資 本 市 場 部， 為 公 司 及 零 售 客 戶 增 添 財 資 Group will also leverage its newly launched DCM operations to enrich the
產 品。 通 過 產 品 創 新， 可 以 協 助 客 戶 管 理 風 range of treasury products available to both corporate and retail clients.
險， 對 沖 利 率 和 匯 率 波 動， 令 財 資 業 務 發 展 With ample room for developing a wider array of innovative products to
大 有 前 途。 此 外， 本 集 團 將 不 斷 尋 求 機 會 開 help clients manage their risks and hedge against interest-rate and forex
拓 新 業 務， 包 括 金 融 諮 詢、 托 管 與 資 產 管 理 movements, the treasury business of the Group is poised to enjoy promising
服務，為客戶度身訂做全面的金融解決方案。 prospects. Moreover, the Group will explore the possibility of establishing
new businesses, including financial advisory, custodian and asset
management services, with a view to providing clients with customized and
comprehensive financial solutions.
018 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
行政總裁報告 Report of the Chief Executive Officer
為 促 進 新 業 務 模 式 發 展， 本 集 團 將 持 續 投 入 To facilitate the evolving new business model, continued investment in
信 息 基 礎 設 施 建 設。 目 前 引 入 的 財 資 系 統， bolstering the technology backbone is essential. The current treasury
是全球各大主要投資銀行與金融機構採用的 system adopted by the Group is a professional set-up used by investment
系 統， 第 二 階 段 的 升 級 工 作 會 於 年 內 完 成。 banks and global financial institutions, and the second stage of the upgrade
與 此 同 時， 當 前 使 用 的 證 券 交 易 與 財 富 管 理 is scheduled for completion this year. Meanwhile, the existing equity trading
系 統 將 會 被 更 換。 在 提 供 服 務 方 面， 會 進 一 and wealth management systems will be replaced. In terms of service
步 發 展 電 子 渠 道， 上 線 更 多 移 動 銀 行 應 用 程 delivery, electronic channels will be further developed, with more mobile
式， 改 善 客 戶 體 驗， 提 高 客 戶 滿 意 度， 吸 引 banking applications in the offing, which can enhance customer experience
屬 數 碼 世 代 的 新 客 戶 群 體， 並 且 減 少 物 理 網 and satisfaction, appeal to the digital generation of consumers and reduce
點 的 經 營 成 本。 本 集 團 亦 會 擴 大 資 源 投 入 增 the costs of operating physical channels. The Group is also planning to
強 銀 行 內 部 信 息 技 術 實 力， 從 而 減 少 外 包 服 allocate more resources to boost its in-house IT capability, aiming to
務需求，並發展尖端金融科技。 reduce service outsourcing and develop proprietary cutting-edge financial
technology applications.
除 了 科 技 方 面 的 支 援， 健 全 的 風 險 管 理 是 本 In addition to the support of technology, sound risk management is vital
集 團 穩 健 發 展 的 另 一 個 重 要 因 素。 鑒 於 美 國 to generating healthy growth. With more interest rate hikes anticipated for
未 來 有 機 會 多 次 加 息， 美 元 與 港 元 的 息 差 可 the US ahead, the interest-rate differentials between the US dollar (“USD”)
能 會 擴 大， 導 致 有 資 金 流 出 香 港。 因 此， 我 and the Hong Kong dollar (“HKD”) may widen, sparking off a capital outflow
們 必 須 加 強 流 動 性 風 險 管 理， 密 切 關 注 整 體 from Hong Kong. As such, the Group must give top priority to liquidity
流 動 性 水 平， 尤 其 是 美 元 和 人 民 幣 的 頭 寸。 risk management, closely monitoring the overall liquidity position and in
同 時， 由 於 本 集 團 推 動 發 展 電 子 銀 行， 因 此 particular funding in USD and RMB. Meanwhile, as the Group continues
會 盡 心 竭 力 加 強 網 絡 保 安。 此 外， 為 了 進 行 to promote digital banking, it will devote considerable effort to fortifying
業 務 轉 型， 大 力 發 展 跨 境 融 資 業 務 與 開 發 新 cyber security. Moreover, given ongoing business transformation with an
產 品 和 服 務， 本 集 團 會 繼 續 強 化 信 貸 風 險 管 emphasis on cross-border financing and the development of new products
理， 推 廣 注 重 風 險 的 文 化， 向 員 工 闡 明 我 行 and services, the Group will continue to enhance credit risk management,
核 心 價 值、 職 業 道 德 準 則 和 行 為 規 範， 確 保 and to uphold a robust risk culture with clearly defined values, ethics and
前 線 人 員 秉 承 以 客 戶 為 尊 的 原 則， 並 時 刻 對 behaviours, ensuring that front-line staff remain both customer-oriented
反洗錢與合規風險提高警覺。 and constantly mindful of anti-money laundering (“AML”) controls and
compliance risks.
2017年 本 集 團 面 對 的 挑 戰 並 不 會 少 於 過 去 Compared with the past two years, the operating conditions in 2017 are
兩 年。 然 而， 在 母 行 的 鼎 力 支 持 下， 本 集 團 just as challenging, if not more. Nonetheless, empowered by a supportive
將 迎 難 而 上， 推 進 業 務 轉 型， 增 強 核 心 競 爭 parent bank, the Group will soldier on in the face of overwhelming odds,
力，創造更好業績，實現長期可持續發展。 revamping its business model and reinforcing its core competitiveness to
achieve better results and deliver sustainable growth ahead.
張小衛
行長兼行政總裁
Zhang Xiaowei
President & Chief Executive Officer
香港，2017年3月21日
Hong Kong, 21 March 2017
二零一六年報 019
Annual Report 2016
2016業務回顧 2016 Review of Operations
公司及跨境業務部 Wholesale and Cross-Border Banking
與中信銀行擔任聯合牽頭行，完成一項具里程碑意義的
萬紅女士
銀團貸款，協助一家中資企業進行國內有史以來最大的
執行董事、副行政總裁
一筆海外併購交易
公司及跨境業務總監
提升了經營結構性融資與銀團業務的實力，令手續費收
入及總經營收入明顯增長
Ms. Margaret Man 開通了銀企直聯，進一步深化與中信銀行及中信集團的
Executive Director 協作聯動
Deputy Chief Executive Officer Acted with CNCB as joint global coordinators to lead a
Group Head of Wholesale & landmark financing facility for the biggest ever overseas
Cross-border Banking acquisition made by a Chinese enterprise
Enhanced structured finance and syndication capabilities
contributed to strong growth in fee income and total
operating income
Collaboration with CNCB and the CITIC Group was further
strengthened by host-to-host system connectivity
2016年 市 場 環 境 與 政 治 局 勢 不 明 朗， 加 上 人 Market and political uncertainties, coupled with continued depreciation of
民 幣 持 續 貶 值， 導 致 經 營 環 境 欠 佳 和 變 化 不 the RMB, resulted in unfavourable and unpredictable operating conditions
定。 但 儘 管 市 場 波 動， 公 司 及 跨 境 業 務 部 仍 in 2016. Despite the market volatility, Wholesale and Cross-Border Banking
然 發 展 不 俗。 總 經 營 收 入 按 年 上 升14.2%至 Group (“WBG”) delivered strong growth for the year. Total operating income
40億 港 元， 其 中 非 利 息 收 入 錄 得19.8%的 顯 著 grew by 14.2% year on year to HK$4.0 billion; specifically, non-interest
升 幅。2016年 末 客 戶 貸 款 與 客 戶 存 款 穩 步 增 income was up impressively by 19.8%. Customer loans and customer
加， 較 前 年 分 別 高9.1%和2.3%。 公 司 及 跨 境 deposits as at end-2016 also recorded solid growth of 9.1% and 2.3%
業 務 部 能 獲 此 佳 績， 得 益 於 經 營 結 構 性 融 資 respectively from a year earlier. Such a good performance was attributable
與 銀 團 貸 款 業 務 能 力 的 提 升， 與 母 行 中 信 銀 to enhanced structured finance and syndication capabilities, strengthened
行 及 中 信 集 團 的 聯 動 增 強， 以 及 對 海 外 業 務 collaboration with CNCB and the CITIC Group, as well as increased
投資的加大。 investment in overseas operations.
更強的結構性融資及銀團業務實力 Stronger Structured Finance and Syndication
由於中信銀行與中信集團擁有龐大的客戶網 Riding on a strong client network and extensive brand recognition of
絡， 其 品 牌 獲 得 廣 泛 認 可， 加 上 本 行 經 驗 豐 both CNCB and the CITIC Group, together with the contribution of an
富 的 結 構 性 融 資 團 隊 的 努 力，2016年 公 司 experienced structured finance team, WBG achieved significant growth
及跨境業務部在結構性融資與銀團貸款業 in the structured finance and syndication business in 2016. Fee income
務 方 面 錄 得 顯 著 增 長。 手 續 費 收 入 按 年 激 增 surged by 138% year on year while there was a 52% jump in syndicated
138%， 銀 團 貸 款 餘 額 也 大 幅 上 升52%， 而 且 loan balance with a wider net interest margin. Most notably, parent bank
淨 息 差 改 善 了。 尤 其 值 得 提 及 的 是， 中 信 銀 CNCB and CNCBI acted as global coordinators to lead a few other banks to
行 與 信 銀 國 際 作 為 聯 合 牽 頭 行， 與 多 家 銀 行 complete a landmark financing facility in support of a Chinese enterprise
機構共同為一家中資企業提供一項具里程碑 to acquire an overseas company. This transaction was the biggest ever
意 義 的 信 貸 便 利， 協 助 該 企 業 成 功 收 購 一 家 overseas acquisition deal sealed by a mainland Chinese corporation and
海 外 公 司， 這 是 有 史 以 來 中 國 企 業 在 海 外 進 was also the largest ever syndicated acquisition loan in Asia. It was awarded
行 最 大 的 一 筆 併 購 交 易， 也 是 亞 洲 至 今 為 止
020 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
2016業務回顧 2016 Review of Operations
2016
WBG Operating Income Breakdown 2016 WBG Customer Loans Breakdown 2016
China Corporates
21% 18%
26%
HK & Multinational
Corporates
35%
Real Estate Finance 7%
8%
Financial Institutions and
Public Sector
17%
Others
22%
23%
23%
最 大 的 銀 團 收 購 貸 款， 並 獲 亞 太 區 貸 款 市 場 “Asia Syndicated Leveraged and Acquisition Finance Deal of the Year” and
公會評為「2016年度最佳聯合杠杆和收購融資 “Syndicated Deal of the Year” by the Asia Pacific Loan Market Association.
交 易」和「2016年 度 最 佳 銀 團 交 易」。 信 銀 國 The important role played by CNCBI in this transaction enabled it to
際 在 此 項 交 易 中 扮 演 重 要 角 色， 有 助 其 在 亞 establish a leading position in Asia’s syndicated loan market. Going forward,
洲 銀 團 貸 款 市 場 建 立 領 導 地 位。 未 來， 公 司 WBG will continue to build up the Bank’s market position and reputation
及跨境業務部將進一步在此方面鞏固本行的 as a “solutions bank” for onshore companies to collaborate with in their
市 場 地 位 與 作 為 一 家「方 案 銀 行」的 聲 譽， 為 expansion plans abroad via direct investments or strategic acquisitions.
內地從事海外直接投資與策略性收購的企業
提供服務。
與中信銀行和中信集團更緊密合作 Closer Collaboration with CNCB and the CITIC Group
公司及跨境業務部持續與中信銀行的分行協 WBG’s sustained effort in working synergistically with CNCB’s branches,
力 合 作， 不 斷 投 入 資 源 研 發 適 時 和 高 增 值 的 strong commitment to deploy resources to develop well-timed value-
跨 境 金 融 產 品， 以 及 堅 守 以 客 為 尊 的 原 則 推 added cross-border financial products and complete dedication to a
展 業 務， 取 得 了 豐 碩 成 果。 去 年 本 行 與 中 信 customer-centric approach to conducting business have all proved
銀 行 及 中 信 集 團 的 合 作 達 到 了 新 的 高 度， 轉 rewarding. Collaboration with CNCB and the CITIC Group reached new
介客戶產生的收入同比勁升63%，佔公司及跨 heights, as witnessed by a 63% year-on-year increase in revenues derived
境業務部總收入的33%。為了給對跨境金融產 from customer referrals, which accounted for 33% of WBG’s total income. To
品與服務有強勁需求的大型境內公司營造更 proactively offer a better customer experience to large onshore corporations
好 的 客 戶 體 驗， 本 行 在 去 年 年 中 成 立 了 一 支 with significant demand for cross-border financial products and services, a
新 的 團 隊， 專 責 處 理 特 大 項 目， 以 及 為 中 信 new team was set up in the middle of last year with the mandate to handle
銀行及本行的戰略性客戶提供專門服務。 mega projects and service the strategic customers of both CNCB and the
Bank.
在 科 技 發 展 方 面， 中 信 銀 行、 中 信 集 團 與 信 On technology, through the combined efforts of CNCB, the CITIC Group and
銀 國 際 共 同 努 力， 建 立 了 銀 企 直 聯 系 統， 提 CNCBI, a new account aggregation service effected by host-to-host system
供 賬 戶 整 合 服 務， 以 便 境 內 公 司 更 好 地 管 理 connectivity was introduced to allow onshore companies to better manage
其 香 港 附 屬 公 司 的 賬 戶 活 動。 該 項 新 服 務 有 the account activities of their subsidiaries in Hong Kong. This service has
助公司及跨境業務部繼續改良其服務平台。 enabled WBG to continue to upgrade the platform of delivering its services.
二零一六年報 021
Annual Report 2016
2016業務回顧 2016 Review of Operations
海外分行持續增長 Continued Growth in Overseas Branches
為 促 進 海 外 業 務 發 展， 以 及 對 在 不 同 地 區 擁 WBG has succeeded in strengthening the management teams of both the
有 業 務 的 客 戶 提 升 服 務， 公 司 及 跨 境 業 務 部 New York Branch and the Los Angeles Branch in the US, in line with the
強化了在紐約分行與洛杉磯分行的管理團 objective of bolstering its overseas operations and improving the service to
隊。2016年， 該 兩 家 分 行 的 客 戶 貸 款 分 別 錄 customers with businesses in different geographical locations. In 2016, these
得56%和76%的 增 長。 同 時， 為 配 合 本 行 擴 大 two branches enjoyed 56% and 76% year-on-year growth in their customer
與 中 國 內 地 以 及「一 帶 一 路」沿 線 國 家 的 企 業 loans respectively. Moreover, in accordance with the Bank’s strategy to
跨 境 業 務 合 作， 公 司 及 跨 境 業 務 部 將 結 構 性 expand its cross-border business with the companies in mainland China as
融 資 及 財 資 業 務 覆 蓋 範 圍 擴 展 至 所 有 分 行， well as in the countries along “One Belt, One Road”, WBG has extended its
包 括 新 加 坡 分 行 及 澳 門 分 行。 至 此， 本 行 已 structured finance and treasury business coverage to all overseas branches,
建 立 了 健 全 的 業 務 網 絡， 為 在 不 同 地 區 擁 有 including Singapore and Macau. As such, it has created a well-established
業務的中信銀行及信銀國際的企業客戶提供 network with broad capabilities to service those corporate customers of
各種服務。 both CNCB and CNCBI which have operations in different regions.
健全的風險管理 Sound Risk Management
公司及跨境業務部以推進有效的風險管理作 A key to WBG’s growth strategy is the promotion of effective risk
為 實 現 增 長 的 重 要 一 環， 在 實 施 擴 張 計 劃 的 management. While implementing expansion plans, it would ensure that
同 時， 必 須 確 保 業 務 活 動 與 本 行 整 體 發 展 戰 the business activities conducted were in conformity with the Bank’s overall
略 及 風 險 偏 好 相 符 合。 儘 管 外 部 環 境 充 滿 挑 strategies and risk appetite. Despite a persistently challenging external
戰， 去 年 資 產 素 質 保 持 穩 健。 公 司 及 跨 境 業 environment, asset quality remained healthy last year. WBG was able to
務部成功地在維持盈利增長與控制信貸風 strike a balance between driving earnings growth and curbing credit risk,
險 之 間 取 得 平 衡， 撥 備 損 失 較 前 一 年 減 少 reducing impairment losses by 27.0% compared with the preceding year.
27.0%。
2017年展望 2017 Outlook
我 們 對 今 年 的 基 本 看 法 是， 世 界 經 濟 會 稍 微 Our base-case scenario for this year is that global economic growth will
加 速 增 長， 而 中 國 經 濟 增 長 則 大 致 保 持 平 accelerate moderately while China’s economy will stay largely stable, giving
穩， 對 銀 行 業 的 經 營 有 利， 商 機 也 會 增 多。 rise to an environment that is more conducive to banks’ operations with
然 而， 這 預 測 很 大 機 會 需 要 向 下 修 訂， 視 乎 increasing business opportunities. However, it is important to note that the
美 國 的 新 政 府 會 否 推 行 急 進 的 政 策， 衝 擊 全 downside risks to this scenario are particularly high given that the new US
球經濟。 administration may adopt some bold policies that can impact negatively on
the global economy.
022 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
2016業務回顧 2016 Review of Operations
與 此 同 時， 中 國 流 入 與 流 出 的 跨 境 直 接 投 資 Meanwhile, China’s cross-border direct investments, both inbound and
將 持 續 增 長。 尤 其 是 流 出 的 直 接 投 資， 可 能 outbound, will continue to grow. In particular, outbound direct investments
會因內地企業加速海外擴張步伐而進一步爆 are expected to surge further as mainland enterprises step up their efforts
發。 加 上 中 國 外 貿 持 續 復 蘇， 這 將 有 助 刺 激 to seek overseas expansion. Together with a sustained recovery in China’s
對 公 司 及 跨 境 業 務 部 的 產 品 與 服 務 的 需 求。 trade sector, this should result in a further rise in the demand for the
但 另 一 方 面， 人 民 幣 持 續 貶 值 導 致 中 央 政 府 products and services of WBG. On the other hand, measures undertaken by
採 取 控 制 資 本 外 流 的 措 施， 卻 可 能 削 弱 此 需 the central government to discourage capital outflows caused by continued
求 並 影 響 我 們 的 業 務。 有 鑑 於 此， 增 強 與 中 depreciation of the RMB may dampen such demand and affect business
信銀行及中信集團的協作和聯動仍是公司及 flows. As a result, close collaboration with CNCB and the CITIC Group will
跨 境 業 務 部 的 核 心 策 略。 在 緊 隨 中 國 政 府 的 remain the core strategy of WBG. In sympathy with the key economic
主 要 經 濟 發 展 方 針 的 前 提 下， 公 司 及 跨 境 業 development initiatives of the Chinese government, WBG will continue to
務部將繼續充分利用中信銀行在內地的廣泛 leverage the extensive branch network of CNCB in the mainland and the
分 行 網 點 與 中 信 集 團 遍 佈 全 球 的 業 務 網 絡， wide global business coverage of the CITIC Group to develop its businesses.
不斷發展自身業務。
展 望 未 來， 公 司 及 跨 境 業 務 部 將 繼 續 升 級 業 Looking ahead, WBG will keep upgrading its operations, investing in
務 運 作、 加 大 科 技 投 入 並 招 賢 納 才， 以 實 現 technology and attracting new talents to ensure long-term sustainable
長 期 可 持 續 發 展； 又 將 專 注 於 改 善 收 入 結 growth. It will focus on improving its income structure by means of realizing
構， 爭 取 較 高 的 資 產 收 益 率 與 各 種 產 品 的 費 better return on assets and increasing fee income from a diversified product
用 收 入； 同 時 要 擴 大 客 戶 基 礎， 吸 收 穩 定 的 mix. It will also strive to strengthen its balance sheet by attracting stable
存 款， 鞏 固 資 產 負 債 表。 公 司 及 跨 境 業 務 部 deposits from a larger and broader customer base. WBG is confident of
深 信 可 以 保 持 增 長 動 力， 爭 取 在 各 方 面 繼 續 maintaining its growth momentum, continuing to achieve encouraging
取得長足進步，為本行作出重大貢獻。 progress in various businesses and making significant contribution to the
Bank.
二零一六年報 023
Annual Report 2016
2016業務回顧 2016 Review of Operations
個人及商務銀行部 Personal and Business Banking
簡吳秋玉女士
經營收入23.8億港元，按年上升19.6%，再創歷史記錄
執行董事、替任行政總裁
個人及商務銀行業務總監 客戶存款增至新高，達1,139.1億港元，同比增長
11.0%
Mrs. Helen Kan
Executive Director Operating income hit another record high of HK$2.38
Alternate Chief Executive Officer billion, up 19.6%
Group Head of Personal & Customer deposits grew to a new high of HK$113.91 billion,
Business Banking
up 11.0%
雖 然 市 場 環 境 多 變 且 充 滿 挑 戰， 個 人 及 商 務 Personal & Business Banking Group (“PBG”) continued to gain business
銀 行 部 繼 續 保 持 強 勁 的 業 務 增 長 動 力。 經 營 growth momentum despite a dynamic and challenging market
收入23.8億港元，再創歷史新高，較2015年上 environment. Operating income for the year achieved another record high
升19.6%。 稅 前 收 入 同 樣 刷 新 紀 錄， 達9.65億 of HK$2.38 billion, representing a 19.6% growth against 2015. Profit before
港元，按年增長25.1%。 taxation also set a new record of HK$965 million, up 25.1% year on year.
通 過 與 母 行 中 信 銀 行 加 強 協 作， 加 上 拓 展 本 PBG’s customer base was strengthened through deeper collaboration with
地 富 裕 階 層 市 場， 以 及 實 現 商 務 銀 行 客 戶 和 parent bank CNCB, penetration into local affluent markets, more acquisition
高 資 產 值 客 戶 較 快 增 長， 個 人 及 商 務 銀 行 部 of business banking customers and stronger growth of high net worth
強 化 了 客 戶 基 礎。 年 內 財 富 管 理 業 務 也 獲 得 customers. PBG Wealth Management also posted strong results.
佳績。
2016年 末， 客 戶 存 款 上 升 至1,139.1億 港 元 的 At end-2016, customer deposits reached a new high of HK$113.91 billion,
新 高， 較2015年 末 增 長11.0%。 個 人 及 商 務 representing an increase of 11.0% versus end-2015. PBG exercised prudent
銀 行 部 在 追 求 優 質 貸 款 的 同 時， 會 謹 慎 地 管 credit risk management when looking for high-quality loans. Customer
理 信 貸 風 險。2016年 末， 客 戶 貸 款 按 年 上 升 loans grew 4.8% year on year to reach HK$42.71 billion as at end-2016.
4.8%至427.1億 港 元。 受 惠 於 存 款 及 貸 款 增 Benefitting from growth in both deposits and loans, 2016 net interest
長，2016年 淨 利 息 收 入 比 前 年 高19.4%， 而 非 income rose by 19.4% year on year. Meanwhile, non-interest income in 2016
利息收入則按年增加19.9%至7.9億港元。年內 rose by 19.9% year on year to HK$790 million. Total operating expenses
經 營 支 出 較2015年 增 加16.9%， 主 要 因 為 我 們 increased by 16.9% versus 2015, which was a result of our commitment to
持 續 投 入 先 進 科 技， 增 強 基 礎 設 施 系 統 及 電 investing in advanced technologies to enhance PBG’s infrastructure systems
子 渠 道 實 力。 由 於 有 審 慎 的 信 貸 風 險 管 理， and e-channel capabilities. Loan impairment losses were further reduced
2016年 貸 款 撥 備 損 失 減 少 至3,340萬 港 元， 淨 to HK$33.4 million in 2016 on the back of prudent credit risk management,
減值比率維持在0.08%的合理水平。 with net impairment ratio remaining at a healthy rate of 0.08%.
024 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
2016業務回顧 2016 Review of Operations
HK’s first-ever CNCBI “Deposit A/C Binding” to Wechat Pay First Business Banking Center in Central
全港首創信銀國際存款戶口綁定Wechat Pay 首間商務銀行中心設於中環
增進跨境聯動 Strengthened Cross-Border Collaboration
私 人 銀 行 業 務 加 快 增 長， 歸 功 於 與 母 行 中 信 Private banking business experienced rapid growth due to close connection
銀 行 的 分 行 緊 密 地 協 作 聯 動， 有 助 向 跨 境 高 with the branches of parent bank CNCB, which facilitated the provision of
資 產 值 客 戶 提 供 個 人 化 服 務。 年 內 私 人 銀 行 personalized services to high net worth cross-border customers. Operating
經 營 收 入 創 出 新 高， 較2015年 颷 升 逾3倍。 income of private banking hit an all-time high, surging over 3 times from
與2015年 末 比 較， 私 人 銀 行2016年 末 所 管 理 2015, while its customer assets under management and the number
的 客 戶 資 產 規 模 及 客 戶 數 量 分 別 大 增38.7%和 of customers as at end-2016 rose by 38.7% and 172.9% respectively as
172.9%。 compared to end-2015.
強化銷售渠道 Enhanced Distribution Channels
個人及商務銀行部不斷提升其電子銀行業務 PBG continued to enhance its e-capabilities to provide borderless banking
的 實 力， 提 供 無 界 限 的 銀 行 服 務。 為 改 善 本 services. With the aim to improve customer experience for both local
地 與 跨 境 客 戶 的 客 戶 體 驗， 本 行 與 騰 訊 簽 訂 and cross-border customers, our strategic alliance with Tencent has been
新 的 合 作 協 議， 加 強 戰 略 聯 盟， 令 本 行 可 以 further strengthened through the signing of a new merchant agreement
受 益 於 微 信 的 市 場 推 廣 計 劃。2016年9月， to benefit from WeChat marketing programmes. In September 2016, CNCBI
通 過 綁 定 存 款 戶 口， 信 銀 國 際 成 為 首 家 在 市 became the first Bank in the market to offer WeChat peer-to-peer (“P2P”)
場 推 出 微 信 點 對 點 服 務 的 銀 行。 隨 後， 個 人 service via deposit account binding. Later in the year, PBG also opened the
及商務銀行部在中環開設了首個商務銀行中 first business banking centre in Central to provide a full range of banking
心， 提 供 全 方 位 銀 行 服 務， 滿 足 商 務 銀 行 客 services catering to the borrowing and investment needs of business
戶的借貸與投資需求。 banking customers.
二零一六年報 025
Annual Report 2016
2016業務回顧 2016 Review of Operations
Won “The most Favorite
Mobile Banking Service
Award”
榮 獲「我 最 喜 愛 的
流動銀行服務」大獎
產品推陳出新 Increased Innovative Products
個人及商務銀行部設計多種產品組合以切合 PBG designs various product mixes to match customers’ savings, borrowing
客 戶 的 儲 蓄、 借 貸 與 投 資 需 求。2016年， 個 and investment needs. In 2016, PBG launched five new Premium Financing
人及商務銀行部推出五款嶄新的卓越融資產 products which helped to drive lending balance and revenue. In addition,
品， 帶 動 貸 款 餘 額 及 收 入 增 長。 此 外， 個 人 PBG established relationships with three new fund management companies
及 商 務 銀 行 部 與 三 家 基 金 管 理 公 司 合 作， 引 and introduced over 30 new funds/fund share classes. Remarkably, PBG was
進30多 種 新 基 金 ╱ 不 同 類 型 的 基 金。 不 得 不 one of the first banks to launch mutual recognition funds in the market. PBG
提 的 是， 信 銀 國 際 是 在 香 港 率 先 推 出 互 認 基 also became one of the top retail banking distributors with three equity-
金 的 銀 行 之 一。 同 時， 在 股 票 掛 鉤 投 資 產 品 linked investments (“ELI”) issuers on the shelf after adding Credit Suisse to
方 面， 加 入 了 瑞 士 信 貸 為 我 行 平 台 上 第 三 家 the platform. To respond to customer needs and market sentiment, we
發 行 機 構， 帶 動 信 銀 國 際 在 零 售 銀 行 之 中 此 expanded our bond business by launching over 50 bonds during 2016,
類 產 品 銷 售 佔 前 列 位 置。 為 滿 足 客 戶 需 求 和 which led to a 41.8% year-on-year increase in bond fee income. To satisfy
適 應 市 場 氣 氛 變 化， 我 們 擴 充 了 債 券 業 務， customers’ various protection needs, PBG also launched a wide range of
於2016年 推 出 逾50支 債 券， 債 券 費 用 收 入 因 insurance products, including Personal Accident Plan, ManuEssential Care,
此 按 年 上 升41.8%。 再 者， 為 滿 足 客 戶 對 不 同 ManuPrestige/ManuPrestige Protector, ManuSilver Care, ManuAmber Care
保 險 保 障 的 需 求， 個 人 及 商 務 銀 行 部 提 供 了 and 8-Year Saver Endowment Plan.
一 系 列 產 品， 包 括 個 人 意 外 計 劃、 樂 康 無 憂
危 疾 保、 富 譽 儲 蓄 保 障 計 劃 ╱ 富 譽 儲 蓄 保 障
計 劃（特 級 保 障）、 樂 齡 關 懷 保 障 計 劃、 珀 齡
關懷保障計劃以及賞裕8年儲蓄保障計劃。
審慎管理資產素質 Prudent Asset Quality Management
個人及商務銀行部執行嚴格的信貸風險管 PBG adopts rigorous credit risk management procedures to ensure that
理， 以 確 保 資 產 素 質 維 持 良 好。 加 上 收 款 成 asset quality remains at healthy levels. As a result, coupled with the help of
效 顯 著， 個 人 及 商 務 銀 行 部 能 夠 實 現 較 低 不 effective collection efforts, PBG was able to achieve lower delinquency rates.
良 貸 款 比 率。2016年 貸 款 撥 備 損 失 較 前 年 減 Loan impairment losses in 2016 were HK$33.4 million, 10.8% lower than that
少10.8%至3,340萬 港 元， 淨 減 值 比 率 處0.08% of 2015. Net impairment ratio remained low at 0.08% in 2016. In addition,
的 低 水 平。 此 外， 與 行 業 指 標 比 較， 住 房 按 residential mortgage delinquency ratio remained at a low level against
揭貸款的拖欠比率亦維持在低水平。 industry benchmark.
市場廣泛認同 Wide Market Recognition
個 人 及 商 務 銀 行 部 的 努 力 備 受 同 儕 贊 賞。 去 PBG’s efforts have been well-recognized by various industry players. Last
年 本 行 贏 得 了 多 個 獎 項， 包 括 在 由 南 華 早 報 year it was awarded several prizes, including “Company for Financial Planning
與 香 港 財 務 策 劃 師 學 會 合 辦 的2016年「財 務 Excellence of the Year 2016” presented by the South China Morning Post/
策 劃 師 大 獎」中 榮 獲「卓 越 財 務 策 劃 公 司 大 Institute of Financial Planners of Hong Kong Financial Planner Awards, “The
獎」，在由《晴報》主辦的「Banking & Finance
Most Favorite Mobile Banking Services Award” in the Banking & Finance
Award 2016」中榮獲「我最喜愛的流動銀行服
Award 2016 organized by Sky Post, “The Best Fin Tech (Emerging Solutions)
026 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
2016業務回顧 2016 Review of Operations
Won “The Best Fin Tech
(Emerging Solutions)
Certificate of Merit”
榮 獲「最 佳 金 融 科
技（新 興 解 決 方 案）
優異證書」
務」大獎，在由香港政府資訊科技總監辦公室 Certificate of Merit” in Hong Kong ICT Awards 2016, and two prizes by Metro
主 辦 的「2016香 港 資 訊 及 通 訊 科 技 獎」中 榮 獲 Finance, namely “Metro Finance Hong Kong Leaders’ Choice Awards 2016 –
「最 佳 金 融 科 技（新 興 解 決 方 案）優 異 證 書」， Excellent Brand of Private Banking and Excellent Brand of Mobile Banking”.
以及在由新城財經台主辦的「香港企業領袖品
牌2016」中 榮 獲 兩 個 獎 項， 即「卓 越 私 人 銀 行
服務品牌」及「卓越流動銀行服務品牌」。
2017年展望 2017 Outlook
踏 入2017年， 英 國 進 行 脫 歐， 美 國 新 任 總 統 Going into 2017, the global environment is filled with uncertainties with
上 場 後 對 市 場 產 生 震 盪， 令 全 球 環 境 充 滿 變 Britain’s exit from the European Union (“Brexit”) and the new US presidency
數。 樂 觀 地 說， 世 界 經 濟 的 增 長 動 力 有 望 稍 creating volatility in the market. On a positive note, the world economy
微 增 強。 以 發 達 國 家 而 言， 美 國 經 濟 快 速 擴 seems poised for mildly stronger growth. Among developed countries, a
張， 可 以 抵 消 歐 元 區 的 增 速 放 緩。 而 倚 靠 出 faster expansion of the US economy is likely to offset slightly slower growth
口 商 品 的 發 展 中 國 家 復 蘇， 又 可 以 彌 補 中 國 of the Eurozone, while a rebound in commodity-exporting emerging
經濟增長進一步減速。 markets may compensate for a further slowdown in China’s growth
momentum.
然 而， 石 油 及 其 他 商 品 價 格 攀 升， 以 及 美 國 However, better prospects for oil and other commodities, as well as the
加 快 加 息 令 美 元 走 強， 可 能 會 增 加2017年 的 USD’s appreciation made possible by more frequent rate hikes in the US, will
營 商 風 險。 與 此 同 時， 英 國 與 歐 盟 就 脫 歐 一 likely create greater business risks in 2017. Formal talks for the UK to leave
事 展 開 談 判， 主 要 歐 洲 國 家 進 行 大 選， 美 國 the European Union, key ballots in major European countries, the looming
新 一 屆 政 府 傾 向 支 持 貿 易 保 護 主 義， 以 及 中 threat of protectionism created by the new US government, and economic
國 經 濟 出 現 調 整， 都 會 令 全 球 經 濟 發 展 前 景 adjustments in mainland China will also cast uncertainty over the global
蒙 上 陰 影。 凡 此 種 種 情 況， 會 繼 續 為 營 商 環 economic outlook. Under such circumstances, the business operating
境帶來考驗。 environment will remain challenging.
藉 著 與 母 行 中 信 銀 行 的 緊 密 協 作 聯 動， 個 人 PBG will continue to enhance its competitive edges by capitalizing on close
及 商 務 銀 行 部 會 不 斷 增 強 自 身 的 競 爭 優 勢。 collaboration with parent bank CNCB. The close integration of our cross-
由 於 跨 境 基 礎 設 施 日 益 完 善， 我 們 可 以 保 持 border infrastructure will enable us to sustain quality growth and earnings.
高 質 量 的 增 長 與 盈 利。 我 們 會 集 中 加 強 核 心 We will focus on reinforcing our core businesses by providing customers
業 務， 提 供 全 面 的 銀 行 解 決 方 案， 協 助 客 戶 with total banking solutions in wealth management and SME business
的財富管理以及中小型企業的生意往來。 activities.
個 人 及 商 務 銀 行 部 以 客 戶 體 驗 作 優 先 考 慮， Customer experience is our top priority. PBG will further invest in digital
將 不 斷 擴 大 其 電 子 及 網 上 銀 行 平 台， 為 善 用 and internet banking platforms to enhance customer experience and
先 進 科 技 的 客 戶 群 提 供 便 利。 個 人 及 商 務 銀 convenience for our increasingly mobile and tech-savvy customer base. PBG
行 部 一 直 致 力 於 提 升 員 工 的 才 能， 實 現 卓 越 is always committed to raising our bar in staff competence and governance
管 治。 相 信 只 要 與 客 戶 携 手， 幫 助 他 們 致 excellence. We believe that we are well-positioned to grow further as we
富，我們就能繼續增長。 partner with our clients to help them achieve their future financial success.
二零一六年報 027
Annual Report 2016
2016業務回顧 2016 Review of Operations
財資及環球市場部 Treasury and Markets
柏立軍先生
由於成功把握利率走勢與交易機會，2016年投資收入
替任行政總裁
大幅增長
代理司庫
Mr. Bai Lijun 環球市場部團隊擺脫對單一產品的依賴，使2016年銷
Alternate Chief
售收入得到改善
Executive Officer
Acting Treasurer
Investment income in 2016 grew strongly due to
successful exploitation of interest-rate trends and trading
opportunities
The Global Markets team overcame the reliance on a single
product to improve its marketing revenues in 2016
2016年 離 岸 人 民 幣 匯 率 與 利 率 波 動， 英 國 決 The volatility in offshore RMB exchange rate and interest rates, together with
定 脫 歐， 以 及 美 國 總 統 選 舉 存 在 變 數， 令 經 Britain’s decision to leave the European Union (“Brexit”) and the uncertainty
營 環 境 充 滿 挑 戰。 但 即 使 面 對 考 驗， 財 資 及 clouding the US presidential election, resulted in a challenging operating
環球市場部仍然能善用美元和離岸人民幣的 environment in 2016. Despite these headwinds, Treasury and Markets
利 率 走 勢， 把 握 好 交 易 機 會， 使 投 資 收 入 錄 Group (“TMG”) registered strong growth in investment income by taking
得 強 勁 增 長。 與 此 同 時， 環 球 市 場 部 團 隊 擺 advantage of the USD and CNH interest-rate trends and capturing trading
脫 對 單 一 產 品 的 依 賴， 提 供 有 效 方 案 滿 足 客 opportunities. Meanwhile, the Global Markets team overcame the reliance
戶 對 風 險 對 沖、 融 資 和 投 資 的 需 求， 銷 售 收 on a single product and offered effective solutions to satisfy customers’
入較前一年溫和增長。 needs for risk hedging, financing and investment, achieving a moderate
growth in marketing revenues when compared to the previous year.
投資獲利與審慎管理流動性 Rewarding Investment and Prudent Liquidity Management
2016年 固 定 收 益 市 場 跌 宕 起 伏。 世 界 經 濟 The fixed income market saw wide fluctuations in 2016. While the world
本 已 增 長 乏 力， 年 中 英 國 出 人 意 料 地 通 過 脫 economy was struggling to gain growth momentum, deflationary concerns
歐， 進 一 步 加 深 市 場 對 通 縮 的 憂 慮， 導 致 美 were exacerbated by an unexpected Brexit in the middle of the year,
國 國 債 收 益 率 下 跌 至 歷 史 低 位， 美 國 聯 邦 儲 which drove US Treasury yields to all-time lows and caused the Federal
備 局 的 利 率 正 常 化 計 劃 停 滯 不 前。 針 對 市 場 Reserve’s rates normalization plan to come to a standstill. TMG proactively
情 況， 財 資 及 環 球 市 場 部 積 極 而 謹 慎 地 擴 大 and cautiously expanded the size of CNCBI’s bond portfolio in view of such
信 銀 國 際 的 債 券 組 合 規 模， 促 使 第 三 季 度 應 market conditions, which increased the Bank’s accrued interest income and
計 利 息 收 入 增 加， 其 後 將 之 出 售 而 獲 利。 第 provided it with capital gains on disposal during the third quarter. In the
四 季 度， 美 國 新 一 任 總 統 當 選， 市 場 加 劇 波 fourth quarter, volatility intensified when a new US president was elected.
動。 財 資 及 環 球 市 場 部 小 心 翼 翼， 迅 速 部 署 TMG reacted prudently and promptly by reducing the Bank’s interest-rate
減 少 本 行 的 利 率 風 險 敞 口。 因 此，2016年 債 exposure. As a result, bond investment-related income for 2016 increased
券 投 資 相 關 收 入 按 年 顯 著 增 加， 利 息 收 入 上 significantly year on year, as interest income grew by 29% while trading
升29%，交易收入更大增3.6倍。 income surged by 3.6 times.
028 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
2016業務回顧 2016 Review of Operations
Won the “Best Investment
Grade Bond” award
榮 獲「最 佳 投 資 級 別
債券」大獎
鑒 於 去 年 金 融 市 場 不 明 朗 又 不 穩 定， 財 資 及 In view of the uncertainties and volatilities in financial markets last year,
環 球 市 場 部 保 持 審 慎 的 流 動 性 風 險 管 理。 TMG kept a prudent stance in managing liquidity risk. Average liquidity
2016年 末 平 均 流 動 性 維 持 比 率 與 貸 存 比 率 分 maintenance ratio and loans to deposits ratio were maintained at healthy
別 維 持 在60.8%和74.7%的 合 理 水 準。 尤 其 是 levels of 60.8% and 74.7% respectively at end-2016. In particular, the off-
離 岸 人 民 幣 貸 存 比 率， 控 制 在35.7%水 準， 能 shore RMB loans to deposits ratio was well controlled at 35.7%, which
夠 減 輕 短 期 利 率 波 動 所 帶 來 的 影 響。 年 內 本 mitigated the volatility in short-term interest rates. The launch of a new
行 推 出 新 的 內 部 定 價 框 架， 有 望 實 現 更 理 想 internal pricing framework is expected to further drive desirable balance-
的 資 產 負 債 表 管 理。 在 集 團 層 面， 由 於 海 外 sheet behaviour. On the group level, overseas funding arrangement has
分 行 的 資 產 負 債 表 及 交 易 規 模 日 益 增 大， 本 been established with a focus on prudent liquidity risk management, as
行 對 海 外 融 資 已 經 作 出 妥 善 安 排， 著 重 審 慎 the balance sheet of overseas branches and their transaction volumes
地 管 理 流 動 性 風 險。 上 述 措 施 為 本 集 團 未 來 have become increasingly material. This has laid a solid foundation for the
資產負債表的穩健及高效發展奠定了堅實基 Group’s balance sheet to grow in a healthy and efficient manner ahead.
礎。
產品多樣化與債務資本市場業務令客戶 Effective Client Solutions with Diversified Products and DCM
方案更有效 Business
財資及環球市場部的營銷團隊與公司及跨境 TMG’s marketing team worked closely with both WBG and PBG to provide
業 務 部 和 個 人 及 商 務 銀 行 部 緊 密 合 作， 為 本 financial solutions to help the Bank’s clients manage their forex and interest-
行 客 戶 提 供 金 融 解 決 方 案， 協 助 其 管 理 外 匯 rate exposures against extreme market volatilities resulting from RMB
與 利 率 風 險， 應 對 由 人 民 幣 貶 值、 英 國 脫 歐 depreciation, Brexit and the US presidential election. Yield enhancement
與 美 國 總 統 大 選 在 市 場 所 引 發 的 大 幅 波 動。 products were offered to them to capture opportunities arising from this
其 中， 提 升 收 益 的 產 品 可 以 幫 助 客 戶 利 用 市 volatility, while RMB-related structured deposits were launched to take
場 波 動 所 製 造 的 機 會， 而 在 高 息 的 環 境 下， advantage of the high interest-rate environment.
本行亦提供人民幣相關的結構性存款產品。
二零一六年報 029
Annual Report 2016
2016業務回顧 2016 Review of Operations
通 過 增 加 標 準 產 品 的 銷 售， 以 及 推 出 有 效 的 The Global Markets team overcame the reliance on a single product by
方 案， 滿 足 客 戶 在 對 沖 人 民 幣 貶 值 風 險 方 面 strengthening the sales of flow products and successfully launching
的 需 求， 環 球 市 場 部 團 隊 擺 脫 了 對 單 一 產 品 effective solutions which suited clients’ risk hedging needs to cope with
的 依 賴。 加 上 年 中 本 行 設 立 了 債 務 資 本 市 場 RMB depreciation. Combined with efforts to set up the Debt Capital Markets
部， 在 產 品 類 別 多 樣 化 方 面 作 出 努 力， 環 球 (“DCM”) business and diversify the product range, the Global Markets team
市場部團隊的銷售收入比前年略高。 achieved sales revenues that were slightly ahead of the previous year.
財 資 及 環 球 市 場 部 於2016年6月 展 開 債 務 資 本 TMG’s DCM business was established in June 2016 to enhance its client
市 場 業 務， 旨 在 增 強 客 戶 服 務 能 力， 並 已 在 service capability, and has already secured a good foundation despite fierce
激 烈 的 市 場 競 爭 中 佔 有 一 席 地 位。 從 業 務 推 market competition. Since the launch of the business, DCM successfully led
出 起 計，2016年 債 務 資 本 市 場 部 已 成 功 完 成 13 deals in 2016.
13項交易。
2016年， 財 資 及 環 球 市 場 部 提 升 了 固 定 收 入 TMG expanded its fixed income trading capability in 2016 to cater for the
產 品 交 易 能 力， 滿 足 本 行 客 戶 對 債 券 投 資 的 bond investment needs of the Bank’s clients. Bond transaction volumes of
需 求。 去 年 債 券 交 易 規 模 較2015年 增 加5倍， the Bank increased by fivefold last year compared to 2015, with the sales
其中對零售客戶的銷售量亦顯著上升。 volume attributable to retail clients also being boosted substantially.
系統基礎設施升級 Upgrade in System Infrastructure
財 資 及 環 球 市 場 部 持 續 投 資 基 礎 設 施 建 設， TMG continued to invest in infrastructure and successfully completed the
去 年 成 功 完 成 了 財 資 系 統MUREX第 一 階 段 installation of the first phase of the treasury system MUREX last year. This
的 安 裝 工 作。 因 此， 本 行 可 提 供 更 豐 富 的 財 has increased the Bank’s treasury product range in order to better serve
資 產 品 類 別， 更 好 地 滿 足 客 戶 需 求， 並 加 強 clients’ needs and strengthened its risk management capability. In addition,
風 險 管 理 能 力。 此 外， 本 行 已 著 手 開 發 一 個 the Bank has started the development of an electronic platform for dealing
財 資 產 品 的 電 子 交 易 平 台， 計 劃 於2018年 in treasury products which is targeted to roll out in 2018 for relationship
推 出， 協 助 個 人 及 商 務 銀 行 部 客 戶 經 理 在 財 managers in PBG to facilitate automation in the execution of treasury
資 產 品 交 易 上 實 行 自 動 化 操 作。 此 平 台 的 最 products. The ultimate aim of this electronic platform is to allow the Bank’s
終目標是要在線上滿足客戶的大部份財資需 clients to fulfill most of their treasury needs online, thereby enabling the
求， 使 本 行 可 以 與 更 大 的 客 戶 群 進 行 交 易， Bank to increase the scalability of its treasury business with a significantly
從而大力擴充財資業務。 broader client base.
030 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
2016業務回顧 2016 Review of Operations
2017年展望 2017 Outlook
展 望2017年， 宏 觀 經 濟 環 境 仍 然 不 明 朗， Looking ahead, a lack of visibility in the macro environment continues to
將 繼 續 給 財 資 及 環 球 市 場 部 帶 來 考 驗。 特 朗 pose challenges to TMG in 2017. Policy risks related to Trump’s presidency
普 就 任 美 國 總 統 後 引 發 政 策 風 險， 歐 洲 政 治 and likely changes to the European political landscape will induce growing
局 面 又 可 能 進 一 步 變 化， 為 經 濟 前 景 增 添 了 uncertainties. Volatility is expected to rise owing to the theme of global
變 數。 由 於 全 球 流 動 性 由 新 興 市 場 流 向 發 達 liquidity moving from emerging markets to developed markets, with
市 場， 市 場 波 動 相 信 亦 會 加 劇， 其 中 人 民 幣 the RMB forex and interest-rate markets under particular focus. China’s
外 匯 與 利 率 市 場 將 成 為 各 方 焦 點。 中 國 房 地 overheated housing sector and potential trade conflicts with the US are also
產 市 場 過 熱， 與 美 國 又 可 能 出 現 貿 易 摩 擦， causes for concern. Bond yields and interest rates may rise, but at the same
同 樣 令 人 憂 慮。 雖 然 債 券 收 益 與 利 率 有 望 走 time liabilities cost may also increase as short-term deposits are rolled over,
高， 但 短 期 存 款 期 滿 需 要 續 期， 會 使 負 債 成 presenting challenges to the Bank’s net interest margin.
本上升，令本行淨息差受壓。
與 此 同 時， 金 融 市 場 波 動 令 本 行 客 戶 更 加 需 Meanwhile, volatilities in financial markets should heighten the hedging
要 進 行 對 沖， 刺 激 其 對 財 資 產 品 的 需 求， 以 needs of the Bank’s clients and stimulate their demand for treasury products
抵 消 匯 率 及 利 率 風 險。 因 此 波 動 亦 可 以 帶 來 to hedge forex and interest-rate exposures. There will also likely be more
更多交易機會。 trading opportunities associated with such volatilities.
財資及環球市場部與母行中信銀行緊密合 With increased synergy derived from close collaboration with parent bank
作， 可 產 生 更 佳 的 協 同 效 應， 未 來 將 繼 續 重 CNCB, TMG will continuously focus on cross-selling opportunities arising
點把握債務資本市場業務帶來的交叉銷售機 from the DCM business in an effort to provide not only off-balance sheet
會，努力為客戶提供表內表外財資方案。 but also on-balance sheet treasury solutions to clients.
此 外， 財 資 及 環 球 市 場 部 加 強 了 對 機 構 客 戶 Furthermore, enhanced institutional sales capability of TMG will help the
的 銷 售 能 力， 有 助 本 行 將 財 資 業 務 擴 展 至 金 Bank extend its treasury business to cover clients in the financial sector,
融 板 塊 客 戶， 又 可 為 交 易 團 隊 增 加 交 易 量， generate more trade flows for the trading team, strengthen its trading
強 化 其 交 易 能 力， 以 及 支 援 債 務 資 本 市 場 業 capability and bolster the DCM business.
務發展。
儘 管 外 部 環 境 挑 戰 重 重， 財 資 及 環 球 市 場 部 Despite various challenges posed by the external environment, TMG will
將 繼 續 密 切 關 注 市 場 發 展 動 向， 謹 慎 地 捕 捉 continue to monitor market developments closely, and prudently seize
機會，為客戶與本行創造更多價值。 opportunities to add value to clients and the Bank.
二零一六年報 031
Annual Report 2016
2016業務回顧 2016 Review of Operations
企業社會責任 Corporate Social Responsibility
計劃3年投放共2,000萬港元推動電子學習平台
「TouchEnglish」，幫助過萬名基層學童提升英語能力
A total of HK$20 million has been earmarked for the
development of e-learning platform TouchEnglish over a 3-year
span with a view to enhancing the English proficiency of more
than 10,000 students from underprivileged backgrounds
中 信 銀 行（國 際）有 限 公 司（「信 銀 國 際」）暨 China CITIC Bank International Limited (“CNCBI”) and its subsidiaries
各附屬公司（統稱「本集團」）一直致力履行良 (together the “Group”) have been eager to uphold the spirit of good
好 企 業 公 民 責 任， 在 用 心 經 營 銀 行 業 務， 提 corporate citizenship. While considerable effort has gone into conducting
供 創 新 優 質 服 務 之 餘， 同 時 積 極 推 動 公 益 事 banking business and providing quality and innovative services, the Group
業，關懷弱勢社群。 has also been keen to drive worthy causes to serve the underprivileged
community.
2016年本集團企業社會責任工作取得突破性發 The Group in 2016 broke new ground in the area of corporate social
展。 信 銀 國 際 將 本 身 致 力 抓 緊「互 聯 網 ＋」時 responsibility (“CSR”). In view of the myriad opportunities brought forth by
代 機 遇、 矢 志 成 為 流 動 銀 行 先 行 者 的 精 神， the Internet+ era, CNCBI extended its pioneering spirit in mobile banking
延 伸 至 企 業 社 會 責 任 領 域， 集 中 資 源 成 功 建 to the area of CSR and focused resources on building e-learning platform
立「TouchEnglish」電 子 學 習 平 台， 務 求 提 供 TouchEnglish in an effort to facilitate effective learning for the benefit of as
有 效 益 的 學 習 途 徑， 儘 可 能 讓 最 多 的 基 層 學 many students from underprivileged backgrounds as possible. Meanwhile,
童 受 惠。 同 時， 由 不 同 部 門 管 理 層 代 表 組 成 a CSR Committee was assembled to include management staff from various
的 企 業 社 會 責 任 委 員 會 亦 於 年 內 成 立， 冀 望 CNCBI departments with the aim of bringing together the individuals’
凝 聚 各 方 專 長 和 網 絡， 提 升 有 關 工 作 的 管 治 professional strengths and networks to enhance the governance of related
水 平， 並 將 貢 獻 社 會 的 公 益 精 神 滲 透 集 團 每 initiatives while helping the philanthropic spirit to permeate the Group.
個角落。
電子學習平台初見成效 E-learning Platform Shows Promise
本 集 團 相 信 知 識 改 變 未 來， 今 日 教 育 造 就 明 Convinced that knowledge changes the future and that today’s education
日 社 會， 一 直 以 基 層 學 童 教 育 為 企 業 社 會 責 shapes tomorrow’s society, the Group has always prioritised underprivileged
任的發展重點。 students’ education in its CSR development.
自2008年 起 與 聖 雅 各 福 群 會 攜 手 合 作， 舉 辦 In 2008, the Group collaborated with St. James’ Settlement to undertake the
「中 信 銀 行 國 際 知 識 天 使 培 育 計 劃」， 為 基 層 “CITIC Bank International Knowledge Angel Project”, which provided free
家 庭 學 童 提 供 免 費 功 課 輔 導， 該 計 劃 於2012 tutorials to students from underprivileged backgrounds. The project was
年升格為持續3年的「中信銀行（國際）知識天 expanded in 2012 into the 3-year “CNCBI Knowledge Angel Academy”. Over
032 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
2016業務回顧 2016 Review of Operations
使 書 院」，8年 間 惠 及1,300名 學 童。2015年 計 the 8 years’ span, 1,300 students reaped the benefits. At the Academy’s end
劃 完 滿 結 束， 超 過 半 數 受 惠 學 童 在 中、 英、 in 2015, more than half of the participants showed improvement in the
數 主 科 取 得 進 步， 其 中 更 有 逾 兩 成 升 中 學 童 major subjects of Chinese language, English language and Mathematics.
成 功 入 讀 競 爭 激 烈 的 英 文 中 學， 比 例 優 於 全 More than 20% of the Primary 6 participants secured sought-after places
港英中學位競爭數字，成績令人鼓舞。 at English-medium-instruction secondary schools. Encouragingly, this
percentage was higher than the competition rate of such school places in
Hong Kong.
在 這 個 寶 貴 基 礎 上， 信 銀 國 際 進 一 步 革 新 傳 Building on the foundation of the Academy, CNCBI sought to transform
統 學 習 模 式， 務 求 擴 大 並 深 化 有 關 工 作， 計 traditional learning in a bid to increase the breadth and depth of related
劃3年內投放共2,000萬港元，夥拍在電子學習 undertakings, with a HK$20 million pledge over a 3-year span for the
領域擁有豐富經驗及龐大網絡的電子學習聯 launch of TouchEnglish in partnership with resourceful e-learning veteran
盟， 為 全 港 基 層 學 童 推 出「TouchEnglish」， e-Learning Consortium. This learning-effective platform is expected to help
希望透過具成本及學習效益的電子學習平 at least 10,000 students from underprivileged backgrounds to improve their
台， 讓 至 少 一 萬 位 基 層 學 童 事 半 功 倍 地 愉 快 English skills with pleasure and greater effectiveness and increase their self-
提升英語能力，並增強個人自信。 confidence, achieving cost-effectiveness at the same time.
「TouchEnglish」 是 一 個 遊 戲 式 的 愉 快 電 子 A gamified programme with an emphasis on happy learning, TouchEnglish
學 習 平 台， 學 童 透 過 每 日 投 入 約30分 鐘， 完 engages students in daily 30-minute learning by giving them games and
成 不 同 的 遊 戲 或 任 務， 有 系 統 地 提 高 英 語 能 tasks with the aim of increasing their English proficiency in a progressive
力。 電 子 平 台 超 越 傳 統 教 學 模 式 的 局 限， 以 manner. The programme pushes the envelope of traditional learning
多姿多彩的電子遊戲引發學習興趣，其「以人 models by increasing students’ English learning interest via a stimulating
為本」的設計，能依據學生不同能力及學習進 e-learning platform. It embodies a people-oriented concept which seeks to
展 分 派 程 度 合 適 的 題 目， 針 對 學 習 差 異， 大 close the learning gaps among different participants as they are assigned
大 提 升 學 習 效 益。 同 時， 平 台 會 為 家 長 及 教 games and tasks in accordance with their individual ability and progress.
師 提 供 學 習 報 告， 透 過 家 校 合 作 協 助 學 童 穩 The programme also facilitates parent-school collaboration by providing
步成長。 parents and teachers with learning reports, helping the students to make
steady progress.
為評估電子學習平台的成效並確保運作暢 In order to gauge the effectiveness of the e-learning platform and ensure
順， 在2016年3月 至7月 期 間，4間 小 學 共900 the smooth running of TouchEnglish, a pilot programme was launched
位 基 層 學 生 獲 邀 參 加「TouchEnglish」先 導 計 from March to July 2016 with the participation of 900 underprivileged
劃， 短 短4個 月 內 學 童 無 論 在 學 習 興 趣、 英 語 students from 4 primary schools. The students achieved tremendous results
程度及信心方面都取得卓越的成績： after that short period of time in terms of learning interest, competence in
English and self-confidence:
平 均 每 名 學 童 作答近1,200條題目，等同完 An average of about 1,200 questions, the equivalent of the amount
成10本以上補充練習 contained in over 10 supplementary exercise books, were answered by
each of the students
英語能力提升超過20% An increase of more than 20% in English proficiency
二零一六年報 033
Annual Report 2016
2016業務回顧 2016 Review of Operations
5成學童克服對英語恐懼 50% of the students conquered their fears of learning English
滿意自己英語水平的學童由37%增至74% The percentage of students satisfied with their English skills rose to 74%
from 37%
「TouchEnglish」於2016學 年 正 式 推 出， 截 至 TouchEnglish was launched officially at the start of the 2016 academic
2016年 底， 已 有 超 過20間 小 學 成 功 申 請， 逾 year. As at end-2016, more than 9,000 students from more than 20 primary
9,000名學童正免費參與其中。 schools have already enrolled successfully in the free programme.
貢獻社會不遺餘力 Sustained Contribution to Community Well-being
除 了 策 略 性 地 發 展 基 層 學 童 教 育 工 作， 本 集 The Group spares no effort to support good causes in addition to
團 亦 積 極 支 持 多 項 公 益 活 動。2016年8月， the strategic focus on education for students from underprivileged
信 銀 國 際 首 席 贊 助 香 港 兒 童 交 響 樂 團「2016 backgrounds. In August 2016, CNCBI acted as the principal patron of
歸 來 音 樂 會」， 並 免 費 送 贈300張 門 票 予 the China Post Tour Concert 2016 by Hong Kong Children’s Symphony
「ToughEnglish」先 導 計 劃 中 的4間 小 學， 期 Orchestra and gave away 300 complimentary tickets to the 4 primary
望學童藉著欣賞高水平的交響樂演奏拓闊視 schools participating in the TouchEnglish pilot programme. It was
野， 在 樂 韻 悠 揚 中 探 索 音 樂 之 美， 締 造 一 個 hoped that the students’ horizons would be broadened by immersion
難忘的暑期回憶。 in an exploratory journey of quality music which would also give them a
memorable summer holiday.
本 集 團 員 工 同 樣 熱 心 參 與 公 益 活 動， 信 銀 國 Staff of the Group also showed equal enthusiasm about taking part in
際 連 續 第7年 支 持 由 環 保 團 體 綠 色 力 量 舉 辦 的 worthy causes. For instance, CNCBI had for 7 consecutive years supported
「環 島 行 慈 善 行 山 比 賽」， 贊 助 近50名 員 工 組 environmental group Green Power’s annual Green Power Hike. Last year
成12支 企 業 隊 伍 參 加10公 里、25公 里 及50公 CNCBI sponsored about 50 staff members to form 12 corporate teams
里 賽 事， 支 持 綠 色 力 量 推 行 本 地 環 保 教 育 工 for the 10km, 25km and 50km hikes with all the proceeds going to the
作。 期 內， 員 工 亦 積 極 支 持「公 益 綠 識 日」， organisation’s local environmental education programmes. During the year
為香港公益金資助的服務作出貢獻。 under review, the Group’s staff also contributed to the services supported
by The Community Chest by participating in the organisation’s Green Day
donation drive.
提升企業社會責任管治 Enhancing CSR Governance
2016年 信 銀 國 際 成 立 企 業 社 會 責 任 委 員 會， In 2016, CNCBI established its CSR Committee, which is chaired by the
由 行 政 總 裁 辦 公 室 總 監 出 任 主 席， 成 員 來 自 Director of CEO Office. Committee members include management staff
不 同 部 門 的 管 理 層， 職 能 包 括 審 批、 監 察 及 who are in turn responsible for such functions as the approval, governance
考 核 各 項 企 業 社 會 責 任 工 作， 並 鼓 勵 員 工 積 and assessment of various CSR initiatives, as well as encouraging staff
極 參 與 公 益 活 動 等， 務 求 妥 善 發 揮 對 公 益 事 participation. This is to ensure that resources are appropriately and
業 的 投 放， 確 保 各 項 目 符 合 本 集 團 的 核 心 價 effectively used in CSR undertakings which are in line with the Group’s core
值及發展方向。 values and development strategies.
公益事業備受肯定 Token of Acknowledgement
信 銀 國 際 繼 續 榮 獲 香 港 社 會 服 務 聯 會 頒 發10 CNCBI received The Hong Kong Council of Social Service’s 10 Years Plus
年PLUS「商 界 展 關 懷」標誌，以及香港公益金 Caring Company Logo and a Bronze Award from The Community Chest
的「商 業 及 僱 員 募 捐 計 劃」銅 獎， 以 表 揚 為 弱 of Hong Kong’s Corporate and Employee Contribution Programme for its
勢社群持續作出的貢獻和承擔。 continuous contribution and commitment to the underprivileged.
034 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
董事簡介 Biographies of Directors
孫德順先生 Mr. Sun Deshun
（董事長） (Chairman)
於2013年3月15日獲委任為本行董事，並於2015年 Appointed Director of the Bank on 15 March 2013 and further elected
5月15日獲推選為本行董事長。孫先生現為中信 Chairman on 15 May 2015. Mr. Sun is an Executive Director and President of
銀行股份有限公司執行董事兼行長和中信國際金 China CITIC Bank Corporation Limited and a Non-executive Director of CITIC
融控股有限公司非執行董事。彼擁有超過30年的 International Financial Holdings Limited. Mr. Sun has more than 30 years of
中國銀行業經驗，於2011年加入中信銀行股份有 experience in the banking industry in China. Before joining China CITIC Bank
限公司前，孫先生曾任交通銀行北京管理部副總 Corporation Limited in 2011, he had served in Bank of Communications as
裁及其北京市分行行長，此前，孫先生在中國工 Vice President of its Beijing Management Department and President of the
商銀行海淀區辦事處、海淀區支行、北京分行及 Beijing Branch. Prior to that, he had worked in the Haidian Office, Haidian Sub-
總行數據中心（北京）等單位擔任多個職位，包 branch, Beijing Branch and Head Office Data Centre (Beijing) of The Industrial
括北京分行行長助理、副行長以及總行數據中心 and Commercial Bank of China in various positions including Assistant
（北京）總經理。孫先生亦曾任職於中國人民銀 President and Vice President of its Beijing Branch and General Manager of the
行。孫先生於東北財經大學畢業，獲經濟學碩士 Head Office Data Centre (Beijing). He had also worked in The People’s Bank of
銜，並獲中國工商銀行頒授「高級經濟師」之名 China. Mr. Sun graduated from Dongbei University of Finance and Economics
銜。 with a Master’s Degree in Economics. He was named a “Senior Economist” by
The Industrial and Commercial Bank of China.
張小衛先生 Mr. Zhang Xiaowei
（執行董事、行長兼行政總裁） (Executive Director, President & Chief Executive Officer)
於2012年10月22日 獲 委 任 為 本 行 董 事 兼 行 政 總 Appointed Director and Chief Executive Officer of the Bank on 22 October
裁，張先生現為本行執行董事、行長兼行政總 2012. Mr. Zhang is presently an Executive Director, President and Chief
裁， 亦 為 中 信 銀 行 國 際（中 國）有 限 公 司 董 事 Executive Officer of the Bank. He is also Chairman of CITIC Bank International
長。張先生乃資深銀行家，於中國內地及香港銀 (China) Limited. A veteran banker with 32 years of experience in the banking
行業擁有32年豐富經驗，曾出任中信銀行股份有 industries in Mainland China and Hong Kong, Mr. Zhang was formerly a
限公司非執行董事、中國農業銀行及交通銀行多 Non-executive Director of China CITIC Bank Corporation Limited and had
個重要職位，以及交通銀行香港分行副行長及招 held various senior positions at Agricultural Bank of China and Bank of
商銀行香港分行行長。加入本行前，張先生為永 Communications. He was also Vice President of the Hong Kong Branch of
隆銀行常務董事兼總經理及替任行政總裁。張先 Bank of Communications and President of the Hong Kong Branch of China
生持有北京經濟學院經濟學學士學位及中國人民 Merchants Bank. Prior to joining the Bank, Mr. Zhang was an Executive
銀行研究生部貨幣銀行學碩士學位。於2013年8 Director, General Manager and Alternate Chief Executive Officer of Wing
月，彼獲香港銀行學會委任為副總裁。 Lung Bank. Mr. Zhang holds a Bachelor’s Degree in Economics from the
Beijing Economics Institute and a Master’s Degree in Monetary and Banking
from the Graduate School of The People’s Bank of China. He was appointed
Vice President of The Hong Kong Institute of Bankers in August 2013.
萬紅女士 Ms. Margaret Man
（執行董事、副行政總裁兼公司及跨境業務總監） (Executive Director, Deputy Chief Executive Officer and Group Head of Wholesale
於2012年6月28日獲委任為本行董事兼副行政總 and Cross-border Banking Group)
裁，萬女士現亦為本行公司及跨境業務總監，以 Appointed Director and Deputy Chief Executive Officer of the Bank on 28
及中信銀行國際（中國）有限公司副董事長。萬 June 2012. Ms. Man is also Group Head of Wholesale and Cross-border
女士擁有近31年金融業務經驗，曾任中國人民銀 Banking of the Bank, and Vice Chairman of CITIC Bank International (China)
行總行處長及中國新技術創業國際有限公司副董 Limited. Ms. Man has about 31 years of experience in the banking and
事總經理等多個重要職位。萬女士畢業於山西財 finance industry. She had held a number of senior positions including
經大學，獲經濟學學士學位，後又於中國人民銀 Division Chief of The People’s Bank of China and Deputy Managing Director
行金融研究所研究生部深造，獲經濟學碩士學 of China Venturetechno International Co Ltd. Ms. Man graduated from
位。 Shanxi Financial and Economics University with a Bachelor’s Degree in
Economics and further studied for a Master’s Degree in Banking and Finance
at the Graduate School of The People’s Bank of China.
二零一六年報 035
Annual Report 2016
董事簡介 Biographies of Directors
簡吳秋玉女士 Mrs. Helen Kan
（執行董事、替任行政總裁兼個人及商務銀行業 (Executive Director, Alternate Chief Executive Officer and Group Head of Personal
務總監） & Business Banking)
於2013年3月15日獲委任為本行董事兼替任行政總 Appointed Director and Alternate Chief Executive Officer of the Bank
裁。簡太現亦為本行個人及商務銀行業務總監。 on 15 March 2013. Mrs. Kan is also Group Head of Personal & Business
簡太擁有30年銀行及金融業經驗，曾出任多個高 Banking of the Bank. She has 30 years of experience in the banking and
級職位，涵蓋香港、中國內地以及環球市場，橫 finance industry. Over the years, Mrs. Kan had held various senior positions
跨多個銀行及金融業務範疇。加入本行前，簡太 across a broad spectrum of banking and finance exposures in Hong Kong,
曾出任渣打銀行環球營銷網絡主管，負責發展及 Mainland China and other global markets. Prior to joining the Bank, she
管理該行覆蓋全球33個地區超過1,400萬客戶的營 was Standard Chartered Bank’s Global Head of Distribution in charge of the
銷網絡。簡太持有香港大學管理及經濟學榮譽學 strategic development and performance of distribution channels across 33
士學位，以及法學碩士學位。 geographic locations covering a global customer population in excess of 14
million. Mrs. Kan holds an Honours Degree in Management and Economics,
and a Master’s Degree in Laws from The University of Hong Kong.
方合英先生 Mr. Fang Heying
（非執行董事） (Non-executive Director)
於2016年3月24日獲委任為本行董事。方先生為中 Appointed Director of the Bank on 24 March 2016. Mr. Fang is currently
信銀行股份有限公司副行長兼財務總監，亦為中 Vice President and Chief Financial Officer of China CITIC Bank Corporation
信國際金融控股有限公司非執行董事及信銀（香 Limited. He is also a Non-executive Director of CITIC International Financial
港）投資有限公司董事。方先生於1996年加入中 Holdings Limited and a Director of CNCB (Hong Kong) Investment Limited.
信銀行股份有限公司，曾任蘇州分行行長、杭州 Mr. Fang joined China CITIC Bank Corporation Limited in 1996 and was
分行行長以及金融市場業務總監，並於2014年11 formerly the President of Suzhou Branch, President of Hangzhou Branch
月起擔任副行長。方先生於湖南財經學院畢業， and Business Director of Financial Markets. He served as a Vice President
獲金融學學士學位，並於北京大學考獲高級管理 of China CITIC Bank Corporation Limited since November 2014. Mr. Fang
人員工商管理專業碩士學位。 graduated from Hunan College of Finance and Economics with a Bachelor’s
Degree in Finance and obtained an Executive Master’s Degree in Business
Administration from Peking University.
張強先生 Mr. Zhang Qiang
（非執行董事） (Non-executive Director)
於2013年4月15日獲委任為本行董事。張先生現為 Appointed Director of the Bank on 15 April 2013. Mr. Zhang is currently Vice
中信銀行股份有限公司副行長和信銀（香港）投 President of China CITIC Bank Corporation Limited, Director of CNCB (Hong
資有限公司及信銀（香港）資本有限公司董事， Kong) Investment Limited and CNCB (Hong Kong) Capital Limited. He
彼於1990年加入中信銀行股份有限公司後曾出任 joined China CITIC Bank Corporation Limited in 1990 and has held various
多個要職，包括信貸部、營業部和公司銀行部總 senior positions, including General Manager of Credit Department, Business
經理，以及濟南分行和青島分行行長。彼於中國 Department and Corporate Banking Department, and President of Jinan
銀行業擁有超過28年工作經驗。張先生於中南財 Branch and Qingdao Branch. Mr. Zhang has over 28 years of experience in
經大學（現稱中南財經政法大學）畢業，獲經濟 the banking industry in China. He graduated from Zhongnan University of
學學士學位，並於遼寧大學獲金融學碩士學位。 Finance and Economics (now known as Zhongnan University of Finance,
張先生曾獲中國中信集團有限公司頒授「高級經 Economics and Law) with a Bachelor’s Degree in Economics and obtained a
濟師」之名銜。 Master’s Degree in Finance from Liaoning University. Mr. Zhang was granted
the title of “Senior Economist” by CITIC Group Corporation.
036 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
董事簡介 Biographies of Directors
湯世生先生 Mr. Tang Shisheng
（獨立非執行董事） (Independent Non-executive Director)
於2013年11月13日 獲 委 任 為 本 行 獨 立 非 執 行 董 Appointed Independent Non-executive Director of the Bank on 13
事。湯先生為華多九州科技股份有限公司董事 November 2013. Mr. Tang is Chairman of Hodojou Technology Co., Ltd.,
長、北京中科軟件有限公司執行董事以及洲際油 Executive Director of Beijing Sinosoft Co., Ltd., and Independent Director
氣股份有限公司、惠生工程技術服務有限公司和 of Geo Jade Petroleum Corporation, Wison Engineering Services Co. Ltd.
重慶三峽銀行股份有限公司獨立董事，擁有豐富 and Chongqing Three Gorges Bank Co., Ltd. He has extensive experience in
金融業及證券業經驗。湯先生畢業於湖南財經學 finance and securities industries. Mr. Tang graduated from Hunan College
院，獲金融學專業（本科）學士學位，並考獲中 of Finance and Economics with a Bachelor’s Degree in Finance. He received
國人民銀行總行研究生院經濟學碩士學位和中國 his Master’s Degree in Economics and Doctor’s Degree in Economics
社會科學院研究生院經濟學博士學位。湯先生於 respectively from the Graduate School of The People’s Bank of China and
1993年獲中國人民建設銀行頒授「高級經濟師」之 the Graduate School of Chinese Academy of Social Sciences. Mr. Tang was
名銜。 granted the title of “Senior Economist” by The People’s Construction Bank of
China in 1993.
曾璟璇女士 Ms. Tsang King Suen Katherine
（獨立非執行董事） (Independent Non-executive Director)
於2016年12月1日獲委任為本行獨立非執行董事和 Appointed Independent Non-executive Director and Chairman of the
信貸及風險管理委員會主席。曾女士是亞洲金融 Credit & Risk Management Committee of the Bank on 1 December 2016.
界與工商界受認可的一員，於2012年被《財富》雜 Ms. Tsang is a well-recognised member of the Asian financial and business
誌評選為「中國最具影響力的25位商界女性」的第 community. Fortune Magazine (China) named her as No. 6 China’s Most
6位，而2010年至2013年均被列入首25位的榜內。 Influential Businesswomen in 2012 and she was on the top 25 list from
曾女士為巨溢資本創始人，巨溢是一家專注於大 2010 to 2013. Ms. Tsang is the founder of Max Giant, a group of asset
中華市場的資產管理公司。彼亦為美國蓋璞（紐 management companies with a focus on China. She is also an Independent
約交易所上市公司）的獨立董事，以及倫敦金融 Non-executive Director of Gap Inc. (listed in New York), a member of the
城中國咨詢委員會和上海交通大學校董會成員。 Advisory Council for China of the City of London, and an honorary board
曾女士曾於渣打銀行任職逾二十年，她於2014年8 member of Shanghai Jiao Tong University. Ms. Tsang was formerly with
月退休前的最後職位是大中華區主席。曾女士於 Standard Chartered Bank for over 20 years with her last role as Chairperson
加拿大亞伯達大學考獲商學士學位。 of Greater China before she retired in August 2014. She attained her
Bachelor of Commerce Degree from University of Alberta, Canada.
王國樑先生 Mr. Wang Guoliang
（獨立非執行董事） (Independent Non-executive Director)
於2016年8月12日獲委任為本行獨立非執行董事， Appointed Independent Non-executive Director of the Bank on 12 August
並於2016年11月2日獲委任為審核委員會主席。王 2016 and elected as Chairman of Audit Committee on 2 November 2016.
先生為教授級高級會計師，現為國家電網公司外 Mr. Wang is a professor-level senior accountant and is currently Outside
部董事及中國太平保險集團有限責任公司獨立非 Director of State Grid Corporation of China and Independent Non-executive
執行董事。王先生亦曾任中國石油天然氣集團公 Director of China Taiping Insurance Group Limited. Mr. Wang worked
司總會計師及崑崙銀行董事長，擁有豐富金融及 as Chief Accountant of China National Petroleum Corporation and was
會計經驗。王先生畢業於哈爾濱商業大學，獲經 Chairman of Bank of Kunlun. He has extensive experience in finance and
濟學學士銜，並於河北大學考獲世界經濟專業碩 accounting. Mr. Wang graduated from Harbin University of Commerce
士研究生資格。 with a Bachelor’s Degree in Economics. He received his Master’s Degree in
International Economics from Hebei University.
武捷思先生 Mr. Wu Jiesi
（獨立非執行董事） (Independent Non-executive Director)
於2013年8月5日獲委任為本行獨立非執行董事。 Appointed Independent Non-executive Director of the Bank on 5 August
武先生為深圳市富海銀濤資產管理股份有限公司 2013. Mr. Wu is Chairman of Shenzhen Fuhaiyintao Asset Management
董事長，亦為北京控股有限公司、中國太平保險 Co., Ltd. He is also an Independent Non-executive Director of Beijing
控股有限公司以及中國工商銀行（亞洲）有限公 Enterprises Holdings Limited, China Taiping Insurance Holdings Company
司的獨立非執行董事，以及深圳控股有限公司及 Limited and The Industrial and Commercial Bank of China (Asia) Limited,
銀基集團控股有限公司之非執行董事。武先生擁 and Non-executive Director of Shenzhen Investment Limited and Silver
有豐富企業管理、投資及金融業經驗。武先生於 Base Group Holdings Limited. Mr. Wu has extensive experience in corporate
中國人民銀行金融研究中心獲經濟學博士銜，並 management, investment and finance. He holds a Doctor’s Degree in
於中國南開大學完成理論經濟學博士後研究，於 Economics from The Research Institution of The People’s Bank of China. Mr.
2001年獲中國南開大學頒授教授資格。 Wu conducted post-doctorate research work in theoretical economics at
Nankai University and was conferred a professorship qualification by Nankai
University in 2001.
二零一六年報 037
Annual Report 2016
高級行政人員簡介 Biographies of Senior Executives
黃致遠先生 Mr. Roy Huang
(替任行政總裁、首席法律顧問及內部監控總監) (Alternate Chief Executive Officer, General Counsel and Group Head of Internal
於2004年11月加入本行為高級副總裁、法律顧問 Control)
兼合規部主管。黃先生現為本行替任行政總裁、 Joined the Bank in November 2004 as Senior Vice President, General
首席法律顧問及內部監控總監，亦為中信國際金 Counsel and Head of Compliance. Mr. Huang is currently an Alternate Chief
融控股有限公司集團法律顧問，負責管理法律及 Executive Officer, General Counsel and Group Head of Internal Control of
內部監控事宜。黃先生擁有超過35年香港和美國 the Bank as well as Group General Counsel of CITIC International Financial
法律及監管事務經驗。加入本行之前，黃先生為 Holdings Limited with his scope of responsibility encompassing the
安達信國際公司合夥人，主管亞太區法律事務。 management of legal and internal control affairs. Mr. Huang has more than
黃先生畢業於加州柏克萊大學及喬治敦大學法學 35 years of legal and regulatory experience in Hong Kong and the United
院，持有歷史學士學位及法律博士學位。 States. Before joining the Bank, Mr. Huang was partner-in-charge of legal
affairs Asia-Pacific at Andersen Worldwide. Mr. Huang graduated from The
University of California, Berkeley, with an Artium Baccalaureus in History and
Georgetown University Law School with a Juris Doctor Degree.
柏立軍先生 Mr. Jeffery Bai
(替任行政總裁及代理司庫) (Alternate Chief Executive Officer and Acting Treasurer)
於2015年12月加入本行出任代理司庫，並於2016 Joined the Bank in December 2015 as Acting Treasurer and appointed
年4月20日獲委任為本行替任行政總裁。柏先生負 Alternate Chief Executive Officer of the Bank on 20 April 2016. Mr. Bai
責本行財資及環球市場部的工作，加強資金及流 is responsible for the Bank’s Treasury & Markets Group with a view to
動性管理，積極推動本行與中信銀行及中信集團 strengthen funding and liquidity management, in addition to a focus on
的聯動合作，壯大業務發展。自2006年由北京銀 driving CNCB- and CITIC group-related collaboration for enhanced business
行轉投中信銀行後，他在金融市場方面取得卓越 development for the Bank. He joined China CITIC Bank Corporation Limited
成績。2009年，他兼任中信集團董事長辦公室的 from Bank of Beijing in 2006 and advanced his banking career in financial
公司治理和集團項目職務，並協助集團董事長處 markets. In 2009, he took up an additional role in corporate governance
理日常事務。加入本行前，柏先生為中信銀行董 and projects at the Chairman Office of CITIC Group, assisting the Group’s
事及監事會辦公室副總經理。柏先生持有天津南 Chairman with business affairs. Prior to joining the Bank, Mr. Bai’s was
開大學經濟學院經濟學學士學位及北京中國人民 CNCB’s Deputy General Manager of the Office of the Board of Directors and
大學財政金融學院金融學碩士學位。 Supervisors. Mr. Bai holds a Bachelor of Economics Degree from the School
of Economics at Nankai University in Tianjin and a Master of Finance Degree
from the School of Finance at Renmin University of China in Beijing.
李錫生先生 Mr. John Lee
(人事總監) (Chief Personnel Officer)
於2006年7月加入本行為高級副總裁。李先生現為 Joined the Bank in July 2006 as Senior Vice President. Mr. Lee is now Chief
本行人事總監，亦為中信國際金融控股有限公司 Personnel Officer of the Bank and Head of Group Human Resources of CITIC
集團人力資源總監。李先生於渣打銀行服務超過 International Financial Holdings Limited. He started his banking career
20年，曾任職該行的資訊科技部、零售銀行部、 at Standard Chartered Bank in an information technology function and
人力資源部及亞太地區合併項目業務等的管理 served for 20 years in various management positions in several business
層。加入本行之前，李先生於地鐵有限公司（現 and support functions, including consumer banking, human resources,
稱香港鐵路有限公司）任職人力發展部主管。李 and post-merger integration in Asia Pacific. Before joining the Bank, Mr.
先生持有加拿大加爾頓大學經濟學學士學位及美 Lee headed the people development function in The Mass Transit Railway
國奧克拉荷馬市大學工商管理碩士學位。 Corporation Limited (now known as MTR Corporation Limited). Mr. Lee
holds a Bachelor’s Degree in Economics from Carleton University, Ottawa,
Canada, and a Master’s Degree in Business Administration from Oklahoma
City University, Oklahoma, the United States.
梁建文先生 Mr. Michael Leung
(資訊科技及營運總監) (Chief Information and Operations Officer)
於2013年12月加入本行為資訊科技及營運總監， Joined the Bank in December 2013 as Chief Information and Operations
負責全面管理本行資訊科技及營運。梁先生擁有 Officer responsible for managing the Bank’s information technology and
超過30多年資訊科技及營運管理經驗，曾任職於 operations. Mr. Leung has over 30 years of experience in technology and
多間本地及國際機構，包括美國銀行（亞洲)、 operations management from various local and international organisations
渣打銀行、道亨銀行、IBM、羅兵咸，以及飛利 including Bank of America (Asia), Standard Chartered Bank, Dao Heng Bank,
浦電腦及通訊公司。加入本行前，梁先生為中 IBM, Price Waterhouse, and Philips Telecommunication and Data Systems.
國建設銀行（亞洲）副行長兼資訊科技總監。梁 Before joining the Bank, Mr. Leung was Deputy Chief Executive and Chief
先生持有香港中文大學電子學學士學位、美國 Information Officer of China Construction Bank (Asia). Mr. Leung holds
維珍尼亞大學商業管理研究院研究文憑和荷蘭 a Bachelor’s Degree in Electronics from The Chinese University of Hong
Netherlands Universities Foundation工 程 學 碩 士 學 Kong, a Postgraduate Diploma from the Graduate School of Retail Bank
位。 Management at The University of Virginia in the US, and a Master’s Degree
in Engineering from Netherlands Universities Foundation.
038 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
高級行政人員簡介 Biographies of Senior Executives
譚日恭先生 Mr. Elton Tam
(財務總監) (Chief Financial Officer)
於2014年12月加入本行為財務總監，同時兼任中 Joined the Bank in December 2014 as Chief Financial Officer. Mr. Tam also
信國際金融控股有限公司集團財務總監。譚先生 serves as Group Chief Financial Officer of CITIC International Financial
擁有逾30年會計及財務管理經驗，加入本行前， Holdings Limited. Mr. Tam has more than 30 years of experience in
為大新銀行有限公司總經理及集團財務總監，他 accounting and financial management. Prior to joining the Bank, Mr.
亦曾於渣打銀行集團香港、中國大陸及台灣地區 Tam was General Manager and Group Financial Controller of Dah Sing
出任多個高級財務職位，橫跨零售銀行、財資及 Bank, Limited. Before that, he had held various senior finance positions
批發銀行等不同業務範疇。譚先生獲香港大學社 at Standard Chartered Bank Group across different business areas such
會科學學士學位、香港中文大學金融學理學碩士 as consumer banking, treasury and wholesale banking in Hong Kong,
學位、香港城市大學工商管理學博士學位及上海 Mainland China and Taiwan. Mr. Tam graduated from The University of
財經大學經濟學博士學位。他為香港會計師公 Hong Kong with a Bachelor of Social Science Degree, The Chinese University
會、英國特許公認會計師公會和英格蘭及威爾斯 of Hong Kong with a Master of Science Degree in Finance, City University
特許會計師協會資深會員，以及中國註冊會計師 of Hong Kong with a Doctor of Business Administration Degree and
協會、美國註冊會計師協會及加拿大特許專業會 Shanghai University of Finance and Economics with a Doctorate Degree
計師協會會員。 in Economics. He is a fellow member of Hong Kong Institute of Certified
Public Accountants, Association of Chartered Certified Accountants of the
UK and The Institute of Chartered Accountants of England and Wales. He is
also a qualified member of Chinese Institute of Certified Public Accountants
of China, American Institute of Certified Public Accountants and Chartered
Professional Accountants of Canada.
關建輝先生 Mr. David Kwan
(風險管理總監) (Chief Risk Officer)
於2009年加入本行為信貸風險管理部主管，並於 Joined the Bank in 2009 as Head of Credit Risk Management and was
2013年兼任副風險管理總監。關先生現為本行風 appointed Deputy Chief Risk Officer in 2013. Mr. Kwan is currently the
險管理總監，負責監控各項主要風險。關先生有 Bank’s Chief Risk Officer responsible for managing all key risks of the Bank.
超過30年銀行業經驗。加入本行之前，關先生為 Mr. Kwan has more than 30 years of banking experience. Prior to joining
荷蘭銀行香港分行亞洲區域風險辦公室企業信貸 the Bank, he was Head of Corporate Credit Risk, Regional Risk Office
風險主管，他亦曾任職於法國巴黎銀行香港分 (Asia) of ABN-AMRO Bank NV (Hong Kong Office). Over the years, he had
行、香港滙豐銀行和荷蘭合作銀行香港分行，於 accumulated a wealth of experience in risk management from a fruitful
銀行界閱歷豐富。關先生在加拿大接受教育，持 career at banking institutions including BNP Paribas Hong Kong, HSBC and
有愛德華王子島大學文學學士學位、達爾豪斯大 Rabobank Hong Kong Branch. Mr. Kwan received his education in Canada.
學工商管理碩士學位、西蒙菲莎大學計算科學深 He holds a Bachelor of Arts Degree from University of Prince Edward Island,
造文憑，及後更獲英國曼徹斯特都市大學法律學 Master of Business Administration Degree from Dalhousie University and
士學位。 Post-baccalaureate Diploma in Computing Science from Simon Fraser
University. He subsequently obtained a Bachelor of Laws (LLB) Degree from
Manchester Metropolitan University, United Kingdom.
劉月屏女士 Ms. Zoe Lau
(行政總裁辦公室總監) (Director of CEO Office)
於2007年8月加入本行為高級副總裁兼財富管理 Joined the Bank in August 2007 as Senior Vice President and Head of Wealth
及策略規劃部主管。劉女士現為本行行政總裁辦 Management & Strategic Planning. Ms. Lau is currently Director of CEO
公室總監，負責協調企業項目和行政總裁相關事 Office of the Bank and is responsible for coordinating various corporate
務，並掌管本行之品牌管理、企業傳訊及投資者 initiatives and activities for the Chief Executive Officer, as well as overseeing
關係。劉女士於主要跨國銀行的信用卡、支付服 the Bank’s brand management, corporate communications and investor
務、財富管理業務及策略規劃方面擁有超過20年 relations. Ms. Lau has over 20 years of experience in the areas of cards,
的資歷，亦曾在加拿大及香港的廣告及市場推廣 payment services, wealth management and strategic planning with major
領域上累積了多年工作經驗。加入本行之前，劉 multinational banks in Hong Kong. Ms. Lau had also worked extensively in
女士為香港美國運通銀行大中華地區業務推廣部 the advertising and marketing industry in Canada and Hong Kong. Before
主管。劉女士持有香港大學社會科學學士學位。 joining the Bank, Ms. Lau was Head of Marketing, Greater China, American
Express Hong Kong. Ms. Lau holds a Bachelor’s Degree of Social Sciences
from The University of Hong Kong.
二零一六年報 039
Annual Report 2016
高級行政人員簡介 Biographies of Senior Executives
文月晶女士 Ms. Rita Man
(合規總監) (Chief Compliance Officer)
於2005年2月加入本行為高級法律顧問。文女士現 Joined the Bank in February 2005 as Senior Counsel. Ms. Man is currently
為本行合規總監，負責管理本行所有合規事宜。 the Bank’s Chief Compliance Officer and is responsible for managing the
文女士擁有超過30年法律、合規及銀行經驗。文 overall compliance function in the Bank. Ms. Man has more than 30 years of
女士曾任職本地一間具規模的銀行為管理培訓 experience in the legal, compliance and banking areas. Ms. Man started her
生，並在隨後10年時間累積起豐富的銀行經驗。 career as a management trainee in a leading bank in Hong Kong and gained
其後10年，文女士以私人執業律師身份為多間香 comprehensive banking experience in a span of 10 years. Ms. Man spent
港及中國內地銀行提供銀行、融資及訴訟等事務 the following 10 years as a lawyer in private practice, offering professional
的專業法律服務。文女士持有香港中文大學工商 legal service in banking, financing and litigation to various banks in Hong
管理學士學位、香港大學法學專業證書，和北京 Kong and Mainland China. Ms. Man holds a Bachelor’s Degree in Business
大學的法學學士學位，並擁有香港高等法院接納 Administration from The Chinese University of Hong Kong, a Postgraduate
的律師資格。 Certificate in Laws from The University of Hong Kong, and a Bachelor’s
Degree in Laws from Peking University. She was admitted as a solicitor of
the High Court of Hong Kong.
丘仲文先生 Mr. David Yau
(稽核總監) (Chief Auditor)
於2014年11月加入本行為稽核總監。丘先生擁有 Joined the Bank in November 2014 as Chief Auditor of the Bank. Mr. Yau has
超過20年金融行業經驗。加入本行之前，丘先生 more than 20 years of experience in the finance industry. Before joining the
為德勤中國金融服務行業企業風險管理合夥人。 Bank, he was a Partner and China National Financial Services Risk Solutions
他曾於多個國際金融機構擔任高級管理職位，其 Leader for Enterprise Risk Service of Deloitte Touche Tohmatsu. He had
中包括富通集團、荷蘭銀行集團、德意志銀行集 held senior management positions with Fortis Group, ABN AMRO Group,
團、野村國際（香港）有限公司以及美國信孚銀 Deutsche Bank Group, Normura International (Hong Kong) Limited and
行（香港)。丘先生持有英國曼徹斯特大學經濟學 Bankers Trust Company Hong Kong. Mr. Yau is a Fellow Member of Hong
學位，並為香港會計師公會、英格蘭及威爾斯特 Kong Institute of Certified Public Accountants, The Institute of Chartered
許會計師公會以及澳洲會計師公會資深會員。 Accountants in England & Wales and The Institute of Chartered Accountants
in Australia. He graduated from The University of Manchester with a
Bachelor’s Degree in Economics.
040 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
企業資料 Corporate Information
董事會 Board of Directors
董事長 Chairman
孫德順先生 Mr. Sun Deshun
執行董事 Executive Directors
張小衛先生（行長兼行政總裁） Mr. Zhang Xiaowei (President & Chief Executive Officer)
萬紅女士（副行政總裁） Ms. Margaret Man (Deputy Chief Executive Officer)
簡吳秋玉女士（替任行政總裁） Mrs. Kan Ng Chau Yuk Helen (Alternate Chief Executive Officer)
非執行董事 Non-executive Directors
方合英先生 Mr. Fang Heying
張強先生 Mr. Zhang Qiang
獨立非執行董事 Independent Non-executive Directors
湯世生先生 Mr. Tang Shisheng
曾璟璇女士 Ms. Tsang King Suen Katherine
王國樑先生 Mr. Wang Guoliang
武捷思先生 Mr. Wu Jiesi
審核委員會 Audit Committee
王國樑先生（主席） Mr. Wang Guoliang (Chairman)
方合英先生 Mr. Fang Heying
武捷思先生 Mr. Wu Jiesi
註冊辦事處 Registered Office
香港德輔道中61至65號 61-65 Des Voeux Road Central, Hong Kong
電話：(852) 3603 6633 Tel: (852) 3603 6633
傳真：(852) 3603 4000 Fax: (852) 3603 4000
www.cncbinternational.com www.cncbinternational.com
核數師 Auditor
羅兵咸永道會計師事務所 PricewaterhouseCoopers
二零一六年報 041
Annual Report 2016
董事會報告書 Report of the Directors
董事會謹將截至2016年12月31日止年度的報告書 The Directors have pleasure in submitting their annual report together with
及經審核財務報表呈覽。 the audited financial statements for the year ended 31 December 2016.
主要營業地址 Principal place of business
中信銀行（國際）有限公司（「本行」）為於香港註冊 China CITIC Bank International Limited (the “Bank”) is a licensed bank
成立的持牌銀行，並以香港為辦事處所在地，其 incorporated and domiciled in Hong Kong and has its registered office at
註冊辦事處位於香港德輔道中61至65號。除了香 61-65 Des Voeux Road Central, Hong Kong. The Bank has branches outside
港，本行在澳門、開曼群島、新加坡、紐約及洛 Hong Kong and operating in Macau, the Cayman Islands, Singapore, New
杉磯均設有分行。 York and Los Angeles.
主要業務 Principal activities
本行和各附屬公司（「本集團」）的主要業務是在香 The principal activities of the Bank and its subsidiaries (the “Group”) are the
港提供一般銀行及相關金融服務。本行各主要附 provision of general banking and related financial services, primarily in Hong
屬公司於2016年12月31日的詳情載於財務報表附 Kong. Particulars of the Bank’s principal subsidiaries as at 31 December 2016
註21內。 are set out in note 21 to the financial statements.
財務報表 Financial statements
本行及附屬公司截至2016年12月31日止年度的綜 The consolidated profit of the Bank and its subsidiaries for the year ended
合溢利載於第56頁的綜合收益表內。 31 December 2016 is set out under the consolidated income statement on
page 56.
股息 Dividend
董事會不建議派發截至2016年12月31日止年度末 The Directors do not recommend the payment of any dividend for the year
期股息（2015年：無）。 ended 31 December 2016 (2015: Nil).
股本 Share capital
截至2016年12月31日止年度，本行於2016年1月26 During the year ended 31 December 2016, the Bank issued a total of
日以每股港幣1元向控股公司中信國際金融控股有 1,800,000,000 ordinary shares at HK$1.00 each to its holding company, CITIC
限公司發行共1,800,000,000股普通股，有關本行的 International Financial Holdings Limited, on 26 January 2016 (2015: Nil).
股本詳情可參閱財務報表附註29。 Details of the share capital of the Bank are set out in note 29 to the financial
statements.
額外權益工具 Additional equity instrument
截至2016年12月31日止年度，本行於2016年9月29 During the year ended 31 December 2016, the Bank priced its
日為符合《巴塞爾協定三》的500,000,000美元永續 US$500,000,000 Basel III compliant Undated Non-cumulative Subordinated
型非累積後償額外一級資本證券定價，並簽署具 Additional Tier 1 Capital Securities with the legal binding subscription
有法律約束力的認購協議（2015年︰無），有關本 agreements signed on 29 September 2016 (2015: Nil). Details of the
行的額外權益工具詳情可參閱財務報表附註30。 additional equity instrument of the Bank are set out in note 30 of the
financial statements.
股票掛鈎協議 Equity-linked agreements
於截至2016年12月31日止年度，本行並無訂立任 For the year ended 31 December 2016, the Bank has not entered into any
何股票掛鈎協議。 equity-linked agreement.
042 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
董事會報告書 Report of the Directors
董事 Directors
(a) 本行董事 (a) Directors of the Bank
截至本報告書日期止，本行董事會成員如下： As at the date of this report, the Board of Directors of the Bank comprises:
董事長 Chairman
孫德順先生 Mr. SUN Deshun
執行董事 Executive Directors
張小衛先生（行長兼行政總裁） Mr. ZHANG Xiaowei (President & Chief Executive Officer)
萬紅女士（副行政總裁） Ms. Margaret MAN (Deputy Chief Executive Officer)
簡吳秋玉女士（替任行政總裁） Mrs. KAN NG Chau Yuk Helen (Alternate Chief Executive Officer)
非執行董事 Non-executive Directors
方合英先生（於2016年3月24日獲委任） Mr. FANG Heying (appointed on 24 March 2016)
張強先生 Mr. ZHANG Qiang
獨立非執行董事 Independent Non-executive Directors
湯世生先生 Mr. TANG Shisheng
曾璟璇女士（於2016年12月1日獲委任） Ms. TSANG King Suen Katherine (appointed on 1 December 2016)
曾耀強先生 Mr. TSANG Yiu Keung Paul
王國樑先生（於2016年8月12日獲委任） Mr. WANG Guoliang (appointed on 12 August 2016)
武捷思先生 Mr. WU Jiesi
根據本行的公司組織章程細則第97條，所有現任 In accordance with Article 97 of the Bank’s Articles of Association, all present
董事須在下屆股東週年大會上依章告退，並可膺 Directors shall retire from office by rotation at the next Annual General
選連任，惟曾耀強先生則除外。 Meeting and, being eligible, offer themselves for re-election save for Mr.
TSANG Yiu Keung Paul as mentioned below.
截至2016年12月31日止年度內及截至本報告書日 During the year ended 31 December 2016 and up to the date of this report,
期止，辭任本行董事職務的人士包括： there are movements in the Directors of the Bank as follows:
曹國強先生（於2016年3月24日離任非執行董事） Mr. CAO Guoqiang (resigned as a Non-executive Director on 24 March 2016)
席伯倫先生（於2016年12月1日離任獨立非執行董 Mr. Rafael GIL-TIENDA (resigned as an Independent Non-executive Director
事） on 1 December 2016)
除此之外，曾耀強先生將於2017年4月1日離任獨 Besides, Mr. TSANG Yiu Keung Paul has tendered resignation from the Board
立非執行董事。 which will take effect from 1 April 2017.
該等本行已離任及即將離任的董事，並沒有與董 All these resigned and to-be resigned Directors of the Bank have no
事會存在任何意見分岐，亦沒有與本行事務相關 disagreement with the Board and nothing relating to the affairs of the Bank
的事宜需要提呈本行股東垂洽。 needed to be brought to the attention of the shareholders of the Bank.
二零一六年報 043
Annual Report 2016
董事會報告書 Report of the Directors
(b) 本行附屬公司董事 (b) Directors of the Bank’s subsidiaries
截至2016年12月31日止年度內及截至本報告書日 During the year ended 31 December 2016 and up to the date of this report,
期止，本行董事簡吳秋玉女士，萬紅女士和張小 Mrs. KAN NG Chau Yuk Helen, Ms. Margaret MAN and Mr. ZHANG Xiaowei,
衛先生，亦擔任本行若干附屬公司的董事。 who are Directors of the Bank, are also directors in certain subsidiaries of the
Bank.
截至2016年12月31日止年度內及截至本報告書日 Other directors of the Bank’s subsidiaries during the year ended 31
期止，本行附屬公司的其他董事包括：高宗澤先 December 2016 and up to the date of this report include Mr. GAO Zongze,
生、徐賢浩先生、黃致遠先生、姚文松先生、簡 Mr. HSU Hsien Hao Fred, Mr. Roy HUANG, Mr. IU Man Chung Ronald, Mr. KAN
應添先生、關建輝先生、李錫生先生、梁建文先 Ying Tim, Mr. KWAN Kin Fai David, Mr. LEE Sik Sang John, Mr. LEUNG Kin Man
生、譚日恭先生和黃文健先生，而本行附屬公司 Michael, Mr. TAM Yat Kung Elton and Mr. WONG Man Kin Jack. Ms. CHAN
已離任董事亦包括陳詩藹女士和謝國震先生。 Sze Oi Rebecca and Mr. TSE Kwok Chun Jim were ex-directors of the Bank’s
subsidiaries.
董事權益 Directors’ interests
本行、其任何控股公司、附屬公司或同系附屬公 No transaction, arrangement and contract of significance in relation to
司於年終時或本年度內任何時間，概無訂立任何 the Bank’s business to which the Bank, or any of its holding companies,
就本行的業務而言屬重大，而本行董事及其關連 subsidiaries or fellow subsidiaries was a party, and in which a Director of the
方亦直接或間接享有重大權益的交易、安排或合 Bank and the Director’s connected party had a material interest, whether
約。 directly or indirectly, subsisted at the end of the year or at any time during
the year.
本行、其任何控股公司、附屬公司或同系附屬公 At no time during the year or at the end of the year was the Bank, or any
司均沒有在本年度內任何時間或年終時訂立任何 of its holding companies, subsidiaries or fellow subsidiaries a party to any
安排，致使本行董事可透過收購本行或任何其他 arrangement to enable the Directors of the Bank to acquire benefits by
法人公司的股份或債券而獲益。 means of the acquisition of shares in, or debentures of, the Bank or any
other body corporate.
管理合約 Management contracts
於本年度內，並無訂立與本行全部或任何重大部 No contracts concerning the management and administration of the whole
分業務的管理及行政相關的合約。 or any substantial part of the business of the Bank were entered into or
existed during the year.
044 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
董事會報告書 Report of the Directors
獲准許的彌償條文 Permitted indemnity provision
截至2016年12月31日年度內及截至本報告書日期 During the year ended 31 December 2016 and up to the date of this report,
止，獲准許的彌償條文維持有效並惠及本行董 a permitted indemnity provision for the benefit of the Directors of the Bank is
事。 in force.
遵守銀行業（披露）規則 Compliance with Banking (Disclosure) Rules
截至2016年12月31日止年度的財務報表，已符合 The financial statements for the year ended 31 December 2016 have
《銀行業（披露）規則》內有關的披露條例。 complied with the applicable disclosure provisions of the Banking
(Disclosure) Rules.
核數師 Auditor
本行截至2016年12月31日止年度之財務報表由羅 The financial statements for the year ended 31 December 2016 have been
兵咸永道會計師事務所審核，其任期於即將舉行 audited by PricewaterhouseCoopers who retire and, being eligible, offer
的股東週年大會結束時屆滿，但已表示願意留 themselves for re-appointment as auditor of the Bank upon expiration of
任。 its current term of office at the close of the forthcoming annual general
meeting.
承董事會命 On behalf of the Board
張小衛 ZHANG Xiaowei
董事 Director
香港，2017年3月21日 Hong Kong, 21 March 2017
二零一六年報 045
Annual Report 2016
Independent Auditor’s Report
Independent Auditor’s Report to the Members of
China CITIC Bank International Limited
(incorporated in Hong Kong with limited liability)
Opinion
What we have audited
We have audited the consolidated financial statements of China CITIC Bank International Limited (the “Bank”) and its subsidiaries (the
“Group”) set out on pages 56 to 188, which comprise the:
consolidated statement of financial position as at 31 December 2016;
consolidated income statement for the year then ended;
consolidated statement of comprehensive income for the year then ended;
consolidated statement of changes in equity for the year then ended;
consolidated cash flow statement for the year then ended; and
notes to the consolidated financial statements, including a summary of significant accounting policies.
Our opinion
In our opinion, the consolidated financial statements give a true and fair view of the consolidated financial position of the Group as at 31
December 2016, and of its consolidated financial performance and consolidated cash flows for the year then ended in accordance with
Hong Kong Financial Reporting Standards (“HKFRSs”) issued by the Hong Kong Institute of Certified Public Accountants (“HKICPA”) and
have been properly prepared in compliance with the Hong Kong Companies Ordinance.
Basis for Opinion
We conducted our audit in accordance with Hong Kong Standards on Auditing (“HKSAs”) issued by the HKICPA. Our responsibilities under
those standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements section of our
report.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Independence
We are independent of the Group in accordance with the HKICPA’s Code of Ethics for Professional Accountants (“the Code”), and we have
fulfilled our other ethical responsibilities in accordance with the Code.
Key Audit Matters
Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the consolidated financial
statements of the current period. These matters were addressed in the context of our audit of the consolidated financial statements as a
whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.
Key audit matters identified in our audit are summarised as follows:
Impairment of loans and advances to customers and other accounts; and
Fair value measurement of financial instruments and impairment of available-for-sale debt securities
046 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
獨立核數師報告
獨立核數師報告
致中信銀行（國際）有限公司股東
（於香港註冊成立的有限公司）
意見
我們已審計的內容
中信銀行（國際）有限公司（以下簡稱「貴行」）及其附屬公司（以下簡稱「貴集團」）列載於第56至188頁的綜合財務報表，包括：
於2016年12月31日的綜合財務狀況表；
截至該日止年度的綜合損益表；
截至該日止年度的綜合全面收益表；
截至該日止年度的綜合權益變動表；
截至該日止年度的綜合現金流量表；及
綜合財務報表附註，包括主要會計政策概要。
我們的意見
我們認為，該等綜合財務報表已根據香港會計師公會頒佈的《香港財務報告準則》真實而中肯地反映了貴行於2016年12月31日的
綜合財務狀況及其截至該日止年度的綜合財務表現及綜合現金流量，並已遵照香港《公司條例》妥為擬備。
意見的基礎
我們已根據香港會計師公會頒佈的《香港審計準則》進行審計。我們在該等準則下承擔的責任已在本報告「核數師就審計綜合財
務報表承擔的責任」部分中作進一步闡述。
我們相信，我們所獲得的審計憑證能充足及適當地為我們的審計意見提供基礎。
獨立性
根據香港會計師公會頒佈的《專業會計師道德守則》以下簡稱「守則」），我們獨立於 貴集團，並已履行守則中的其他專業道德
責任。
關鍵審計事項
關鍵審計事項是根據我們的專業判斷，認為對本期綜合財務報表的審計最為重要的事項。這些事項是在我們審計整體綜合財務
報表及出具意見時進行處理的。我們不會對這些事項提供單獨的意見。
我們在審計中識別的關鍵審計事項概述如下：
貸款、客戶墊款及其他賬項的減值；與
金融工具公允價值計量與金融資產的減值
二零一六年報 047
Annual Report 2016
Independent Auditor’s Report
Key Audit Matters (continued)
Impairment of loans and advances to customers and other accounts
Key Audit Matter How our audit addressed the Key Audit Matter
Refer to note 19 to the consolidated financial statements Our audit procedures in relation to impairment on loans and
advances to customers and other accounts included the
A s a t 3 1 D e c e m b er 2 0 1 6 , t he G roup re c orde d a to tal following:
impairment allowance of HK$950 million on loans and
advances, with HK$627 million arising from individual Assessing and evaluating management’s controls over
impairment allowances and HK$323 million arising from identification of potential impaired loans, which includes
collective impairment allowances. ad-hoc and periodic loan account reviews, post-draw
down monitoring and an early alert mechanism;
In addition, the Group recorded individual impairment
allowances of HK$147 million on other accounts resulting For individual impairment allowances of loans and
from failure in settlement of expired or unwinding derivative advances to customers and other accounts, on a sample
transactions with customers. basis, assessing management’s estimation of recoverable
cash flows, which included validation of collateral
We focused on the impairment of loans and advances to valuation supportable evidence and the basis for the
customers and other accounts due to the materiality of estimation of sources of recoverable cash flows;
the balances and because the impairment calculations are
inherently subject to management’s judgement. For collective impairment allowance, evaluating
the consistency in the application of the collective
In determining individual impairment allowances, management impairment assessment model and the key parameters,
made judgements as to whether there is objective evidence evaluating the management judgement applied in
that individually significant loans or other accounts are impaired. determining the assumptions used in the key individual
This involved management’s assessment of borrowers’ financial parameters, including macro-economic factors, periods
situation. When management determined that objective evidence of historical loss rates and loss emergence periods used.
of impairment existed, an individual impairment allowance was In addition, testing the completeness of underlying
calculated based on management’s best estimate of the shortfall loan data and validating extraction of data for collective
in expected recoverable cash flows, which may include an impairment allowance calculations via reperformance.
estimation of the net realisable value of any underlying collateral or
guarantees. Based on the procedures we performed, we found that the
Management’s key judgements used in assessing the existence
In determining collective impairment allowances, of impairment indicators and the key assumptions adopted
management used models based on historical loss experience in estimating the impairment allowances required were
and current economic conditions. Judgements are made supported with the evidence we gathered and consistent with
in grouping portfolios of loans of similar nature and in our expectation.
determining the required input parameters to the models,
including the selection of macro-economic factors, period of
historical loss rates and loss emergence periods.
048 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
獨立核數師報告
關鍵審計事項（續）
貸款、客戶墊款及其他賬項的減值
關鍵審計事項 我們的審計如何處理關鍵審計事項
請參閱合併財務報表附註19。 針對貸款、客戶墊款及其他賬項的減值，我們執行了以下
審計程序：
於2016年12月31日， 貴集團對貸款及墊款的減值準備共
計9.5億港元，包括個別減值準備6.27億港元和綜合減值準 評估和評價了管理層對潛在減值貸款識別的有關控
備3.23億港元。 制，包括特殊及定期審閱、支取後監測及早期預警機
制；
此外，針對某些衍生交易過期或平倉結算失敗產生的其他
賬項， 貴集團計提個別減值準備1.47億港元。 針對貸款、客戶墊款及其他賬項的個別減值準備，評
估了管理層對可收回現金流量的估計，包括確認抵押
由於餘額重大且減值計算依靠管理層的主觀判斷，我們重 品估值的支持性證據及可收回現金流量來源的估計基
點關注了貸款、客戶墊款及其他賬項的減值。 礎；
確定個別減值準備時，管理層對是否存在客觀證據證明單 評價應用的綜合減值準備模型和重要單獨變數的一致
項金額重大貸款和其他賬項已發生減值進行了判斷，包括 性，評價管理層對確定重要單獨變數假設的判斷，包
對借款人財務狀況的評估。當管理層確定存在客觀證據證 括宏觀經濟因素，使用過往損失率的期間及顯現期，
明減值已發生，則根據管理層對預計可收回現金流量減少 並測試綜合減值準備計算使用的相關數據及數據提取
額的最佳估計計算個別減值準備，包括對相關抵押品或擔 的準確性。
保的可變現淨值的估計。
基於已執行的程序，我們發現管理層評估減值證據存在使
確定綜合減值準備時，管理層對模型的使用基於過往損失 用的重大判斷及評估減值準備所需的關鍵假設有據可依，
經驗及當前經濟情況。須運用判斷劃分相似性質的貸款組 且符合我們的預期。
合及確定模型所需的輸入變數，包括對宏觀經濟因素、過
往損失率的期間及顯現期的選擇。
二零一六年報 049
Annual Report 2016
Independent Auditor’s Report
Key Audit Matters (continued)
Fair Value measurement of financial instruments and impairments of available-for-sale debt securities
Key Audit Matter How our audit addressed the Key Audit Matter
Refer to note 36 to the consolidated financial statements Our audit procedures in relation to fair value measurement
of level 2 and level 3 financial instruments and impairment of
The Group has recorded HK$63,786 million of financial assets available-for-sale debt securities included the following:
and HK$3,996 million of financial liabilities measured at fair value
as at 31 December 2016, amongst which, aggregated amount Evaluating the appropriateness of management’s selection
of HK$25,102 million and HK$3,996 million financial assets and of the valuation models for determining the fair values for
financial liabilities were classified as level 2 or level 3 in the fair different types of financial instruments;
value hierarchy respectively.
Assessing and evaluating the controls over key treasury
We focused on the fair value measurement of the financial reconciliations, standing data maintenance over the market
instruments classified as level 2 and level 3 in the fair value data and parameters input to the valuation models;
hierarchy since their valuations were based on models which
involved management’s judgements. Assessing and evaluating management’s key assumptions
and judgement, such as discount rates, bond prices,
In particular, judgements were involved in determining the exchange rates and credit spreads applied in the valuation
appropriate valuation techniques for the specific types of financial models based on our industry knowledge and market
instrument and selection of appropriate valuation inputs including practice;
discount rates, bond prices, exchange rates and credit spreads.
Developing our own expectation of independent valuation,
We also focused on the impairment assessment for available- on a sample basis, over selected financial instruments and
for-sale debt securities. The cumulative loss that had been compared against management’s results;
recognised in the investment revaluation reserve is reclassified
to the income statement when there is objective evidence Testing, on a sample basis, the appropriateness of
that an available-for-sale debt security is impaired. Judgement classification of level 2 and level 3 financial instruments;
is required in determining whether an objective indicator
of impairment exists for a particular security which included Evaluating the appropriateness of key valuation
management’s assessment of the financial soundness of the adjustments applied by management and validating the
issuer and economic conditions that correlate with defaults computation of such key valuation adjustments;
on the security. For the year ended 31 December 2016, the
Group did not record any impairment loss on its investment in Assessing key judgements applied in impairment
available-for-sale debt securities. assessment of available-for-sale debt securities, including
challenging management’s assessment of the financial
soundness of issuers and quality of the debt securities
based on our industry knowledge and market practice.
Based on the procedures we performed, we found that the
data, parameters and methodologies used in the Management’s
fair value measurement level 2 and 3 financial instruments and
impairment assessment for available-for-sale debt securities are
supported by the evidence that we gathered.
050 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
獨立核數師報告
關鍵審計事項（續）
金融工具公允價值計量與金融資產的減值
關鍵審計事項 我們的審計如何處理關鍵審計事項
請參閱合併財務報表附註36。 針對公允價值層級為第2層級及第3層級的金融工具及金融
資產減值，我們執行了以下審計程序：
於2016年12月31日， 貴集團以公允價值計量的金融資產與
金融負債分別為637.86億港元及39.96億港元，其中分類為公允 評價了管理層為測定不同類型金融工具的公允價值，
價值層級的第2層級及第3層級的金融資產及金融負債分別為 而選取的估值模型的適當性；
251.02億港元和39.96億港元。
評估和評價了重要財資調整的相關控制、估值模型中
我們重點關注了分類為公允價值層級第2層級及第3層級的金 使用的市場數據及輸入變數的常備數據維護。
融工具的公允價值計量，因為該等金融工具的估值模型涉及
管理層判斷。 基於我們的行業知識和市場慣例，評估和評價了管理
層的重要假設和判斷，如估值模型使用的折現率、債
尤其當判斷涉及確定特定類型金融工具的適當的估值技術及 券價格、匯率及信用差額等；
選取折現率、債券價格、匯率、信用差額等適當估值變數
時。 抽樣選取金融工具，形成我們的獨立估值，並與管理
層的結果進行比較；
我們還關注了可供出售債務證券的減值評估。當存在客觀
證據顯示可供出售債務證券已減值時，已在投資重估儲備 抽樣測試金融工具第2層級及第3層級分類的適當性；
內確認的累計虧損將被重新分類入收益表。需要運用判斷
確定是否存在客觀證據證明特定證券已發生減值，包括評 評估管理層所採用關鍵估值調整的適當性，並驗證該
估發行人的經濟穩健性和可能造成債券違約的經濟情況。 等關鍵估值調整；
截至2016年12月31日止年度， 貴集團未對可供出售債務
證券的投資確認減值損失。 對可供出售債務證券的減值評估應用的重要判斷進行
了評估，包括利用我們的行業知識和市場慣例，質疑
管理層對發行人經濟穩健度及債務證券素質的評估。
基於已執行的程序，我們發現管理層在計量金融工具第2層
及第3層的公允價值時和進行減值評估時所採用的數據、變
數和方法是恰當的，且有據可依。
二零一六年報 051
Annual Report 2016
Independent Auditor’s Report
Other Information
The directors of the Bank are responsible for the other information. The other information comprises all of the information included in the
annual report other than the consolidated financial statements and our auditor’s report thereon.
Our opinion on the consolidated financial statements does not cover the other information and we do not express any form of assurance
conclusion thereon.
In connection with our audit of the consolidated financial statements, our responsibility is to read the other information and, in doing so,
consider whether the other information is materially inconsistent with the consolidated financial statements or our knowledge obtained in
the audit or otherwise appears to be materially misstated.
If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to
report that fact. We have nothing to report in this regard.
Responsibilities of Directors and Audit Committee for the Consolidated Financial Statements
The directors of the Bank are responsible for the preparation of the consolidated financial statements that give a true and fair view in
accordance with HKFRSs issued by the HKICPA and the Hong Kong Companies Ordinance, and for such internal control as the directors
determine is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether
due to fraud or error.
In preparing the consolidated financial statements, the directors are responsible for assessing the Group’s ability to continue as a going
concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors
either intend to liquidate the Group or to cease operations, or have no realistic alternative but to do so.
The Audit Committee is responsible for overseeing the Group’s financial reporting process.
Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements
Our objectives are to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material
misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. We report our opinion solely to
you, as a body, in accordance with Section 405 of the Hong Kong Companies Ordinance and for no other purpose. We do not assume
responsibility towards or accept liability to any other person for the contents of this report. Reasonable assurance is a high level of
assurance, but is not a guarantee that an audit conducted in accordance with HKSAs will always detect a material misstatement when it
exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these consolidated financial statements.
As part of an audit in accordance with HKSAs, we exercise professional judgement and maintain professional scepticism throughout the
audit. We also:
Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, design
and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a
basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from
error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
052 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
獨立核數師報告
其他信息
貴行董事須對其他信息負責。其他信息包括年報內的所有信息，但不包括綜合財務報表及我們的核數師報告。
我們對綜合財務報表的意見並不涵蓋其他信息，我們亦不對該等其他信息發表任何形式的鑒證結論。
結合我們對綜合財務報表的審計，我們的責任是閱讀其他信息，在此過程中，考慮其他信息是否與綜合財務報表或我們在審計
過程中所了解的情況存在重大抵觸或者似乎存在重大錯誤陳述的情況。
基於我們已執行的工作，如果我們認為其他信息存在重大錯誤陳述，我們需要報告該事實。在這方面，我們沒有任何報告。
董事及審核委員會就綜合財務報表須承擔的責任
貴行董事須負責根據香港會計師公會頒佈的《香港財務報告準則》及香港《公司條例》擬備真實而中肯的綜合財務報表，並對其認
為為使綜合財務報表的擬備不存在由於欺詐或錯誤而導致的重大錯誤陳述所需的內部控制負責。
在擬備綜合財務報表時，董事負責評估 貴集團持續經營的能力，並在適用情況下披露與持續經營有關的事項，以及使用持續
經營為會計基礎，除非董事有意將 貴集團清盤或停止經營，或別無其他實際的替代方案。
審核委員會須負責監督 貴集團的財務報告過程。
核數師就審計綜合財務報表承擔的責任
我們的目標，是對綜合財務報表整體是否不存在由於欺詐或錯誤而導致的重大錯誤陳述取得合理保證，並出具包括我們意見的
核數師報告。我們僅向 閣下（作為整體）按照香港《公司條例》第405條報告，除此之外本報告別無其他目的。我們不會就本報
告的內容向任何其他人士負上或承擔任何責任。合理保證是高水平的保證，但不能保證按照《香港審計準則》進行的審計，在某
一重大錯誤陳述存在時總能發現。錯誤陳述可以由欺詐或錯誤引起，如果合理預期它們單獨或滙總起來可能影響綜合財務報表
使用者依賴綜合財務報表所作出的經濟決定，則有關的錯誤陳述可被視作重大。
在根據《香港審計準則》進行審計的過程中，我們運用了專業判斷，保持了專業懷疑態度。我們亦：
識別和評估由於欺詐或錯誤而導致綜合財務報表存在重大錯誤陳述的風險，設計及執行審計程序以應對這些風險，以及
獲取充足和適當的審計憑證，作為我們意見的基礎。由於欺詐可能涉及串謀、偽造、蓄意遺漏、虛假陳述，或凌駕於內
部控制之上，因此未能發現因欺詐而導致的重大錯誤陳述的風險高於未能發現因錯誤而導致的重大錯誤陳述的風險。
二零一六年報 053
Annual Report 2016
Independent Auditor’s Report
Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements (continued)
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the
circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Group’s internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures
made by the directors.
Conclude on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence
obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Group’s ability
to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s
report to the related disclosures in the consolidated financial statements or, if such disclosures are inadequate, to modify our
opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or
conditions may cause the Group to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the consolidated financial statements, including the disclosures, and
whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair
presentation.
Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Group
to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of
the group audit. We remain solely responsible for our audit opinion.
We communicate with Audit Committee regarding, among other matters, the planned scope and timing of the audit and significant audit
findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide Audit Committee with a statement that we have complied with relevant ethical requirements regarding independence,
and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and
where applicable, related safeguards.
From the matters communicated with Audit Committee, we determine those matters that were of most significance in the audit of the
consolidated financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditor’s
report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that
a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to
outweigh the public interest benefits of such communication.
The engagement partner on the audit resulting in this independent auditor’s report is Ng Wai Ying.
PricewaterhouseCoopers
Certified Public Accountants
Hong Kong, 21 March 2017
054 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
獨立核數師報告
核數師就審計綜合財務報表承擔的責任（續）
了解與審計相關的內部控制，以設計適當的審計程序，但目的並非對 貴集團內部控制的有效性發表意見。
評價董事所採用會計政策的恰當性及作出會計估計和相關披露的合理性。
對董事採用持續經營會計基礎的恰當性作出結論。根據所獲取的審計憑證，確定是否存在與事項或情況有關的重大不確
定性，從而可能導致對 貴集團的持續經營能力產生重大疑慮。如果我們認為存在重大不確定性，則有必要在核數師報
告中提請使用者注意綜合財務報表中的相關披露。假若有關的披露不足，則我們應當發表非無保留意見。我們的結論是
基於核數師報告日止所取得的審計憑證。然而，未來事項或情況可能導致 貴集團不能持續經營。
評價綜合財務報表的整體列報方式、結構和內容，包括披露，以及綜合財務報表是否中肯反映交易和事項。
就 貴集團內實體或業務活動的財務信息獲取充足、適當的審計憑證，以便對綜合財務報表發表意見。我們負責 貴集
團審計的方向、監督和執行。我們為審計意見承擔全部責任。
除其他事項外，我們與審核委員會溝通了計劃的審計範圍、時間安排、重大審計發現等，包括我們在審計中識別出內部控制的
任何重大缺陷。
我們還向審核委員會提交聲明，說明我們已符合有關獨立性的相關專業道德要求，並與他們溝通有可能合理地被認為會影響我
們獨立性的所有關係和其他事項，以及在適用的情況下，相關的防範措施。
從與審核委員會溝通的事項中，我們確定哪些事項對本期綜合財務報表的審計最為重要，因而構成關鍵審計事項。我們在核數
師報告中描述這些事項，除非法律法規不允許公開披露這些事項，或在極端罕見的情況下，如果合理預期在我們報告中溝通某
事項造成的負面後果超過產生的公眾利益，我們決定不應在報告中溝通該事項。
出具本獨立核數師報告的審計項目合夥人是吳慧瑩女士。
羅兵咸永道會計師事務所
執業會計師
香港，2017年3月21日
二零一六年報 055
Annual Report 2016
綜合收益表 Consolidated Income Statement
截至2016年12月31日止年度（以港幣為單位） For the year ended 31 December 2016 (Expressed in Hong Kong dollars)
2016
附註 港幣千元 港幣千元
Note HK$’000 HK$’000
利息收入 Interest income 4(a) 7,061,528 6,568,868
利息支出 Interest expense 4(b) (2,932,702) (3,148,559)
淨利息收入 Net interest income 4,128,826 3,420,309
費用及佣金收入 Fee and commission income 1,571,349 1,124,194
費用及佣金支出 Fee and commission expense (75,114) (55,779)
淨費用及佣金收入 Net fee and commission income 5 1,496,235 1,068,415
淨交易收入 Net trading income 6 617,530 1,231,547
淨對沖收益 Net hedging gain 7 126
出售可供出售證券淨收益 Net gain on disposal of available-for-sale securities 8 129,729 59,715
其他經營收入 Other operating income 9 40,380 50,028
經營收入 Operating income 6,412,826 5,831,013
經營支出 Operating expenses 10 (2,816,189) (2,564,206)
扣除減值準備前的經營溢利 Operating profit before impairment 3,596,637 3,266,807
貸款及墊款及其他賬項 Impairment losses on loans and advances and
減值虧損 other accounts 12 (552,959) (667,677)
經營溢利 Operating profit 3,043,678 2,599,130
出售物業及設備淨 Net gain/(loss) on disposal of property
收益╱（虧損） and equipment 15 (730)
投資物業重估收益 Revaluation gain on investment properties 22 9,546 3,046
稅前溢利 Profit before taxation 3,053,239 2,601,446
所得稅 Income tax 13 (504,998) (433,239)
本年度溢利 Profit for the year 2,548,241 2,168,207
歸屬於股東的溢利 Profit attributable to shareholders 2,548,241 2,168,207
第61頁到第188頁的附註屬本財務報表一部份。 The notes on pages 61 to 188 form part of these financial statements.
056 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
綜合全面收益表 Consolidated Statement of
Comprehensive Income
截至2016年12月31日止年度（以港幣為單位） For the year ended 31 December 2016 (Expressed in Hong Kong dollars)
2016
附註 港幣千元 港幣千元
Note HK$’000 HK$’000
本年度溢利 Profit for the year 2,548,241 2,168,207
本年度其他全面收益 Other comprehensive income for the year
其後可能重新分類至收益表： Items that may be reclassified subsequently to
income statement:
換算海外附屬子公司的財務報表的 Exchange differences on translation of financial
匯兌差額 statements of overseas subsidiaries (93,590) (98,176)
現金流量對沖 Cash flow hedges
－年內確認對沖工具公允價值的 – effective portion of changes in fair value of
變動 hedging instruments recognised during the year 1,279 –
－轉自遞延稅項 – transfer from deferred tax (211) –
1,068 –
可供出售證券 Available-for-sale securities
－公允價值的變動 – change in fair value 58,846 (58,804)
－出售時來自收益表 – transfer from income statement on disposal (121,883) (58,110)
－轉至遞延稅項 – transfer to deferred tax 12,780 18,306
(50,257) (98,608)
本年度其他全面收益 Other comprehensive income for the year (142,779) (196,784)
本年度全面收益總額 Total comprehensive income for the year 2,405,462 1,971,423
歸屬於股東的全面收益總額 Total comprehensive income attributable to
shareholders 2,405,462 1,971,423
第61頁到第188頁的附註屬本財務報表一部份。 The notes on pages 61 to 188 form part of these financial statements.
二零一六年報 057
Annual Report 2016
綜合財務狀況表 Consolidated Statement of
Financial Position
於2016年12月31日（以港幣為單位） At 31 December 2016 (Expressed in Hong Kong dollars)
2016
附註 港幣千元 港幣千元
Note HK$’000 HK$’000
資產 ASSETS
現金及在銀行、中央銀行及 Cash and balances with banks, central banks and
其他金融機構的結存 other financial institutions 16 27,540,433 20,322,734
在銀行、中央銀行及其他 Placements with and advances to banks,
金融機構的存款及墊款 central banks and other financial institutions 17 22,889,713 30,390,640
交易用途資產 Trading assets 18 5,581,720 4,277,539
客戶貸款及墊款及其他賬項 Loans and advances to customers and other accounts 19 191,286,538 173,479,925
可供出售證券 Available-for-sale securities 20 58,204,271 53,151,487
物業及設備 Property and equipment
－投資物業 – Investment properties 138,490 185,944
－其他物業 – Other premises 369,479 326,300
－設備 – Equipments 387,907 330,973
可收回稅項 Tax recoverable 27(a) 187 33,114
遞延稅項資產 Deferred tax assets 27(b) 18,217 36,312
資產總額 Total Assets 306,416,955 282,534,968
負債及權益 LIABILITIES AND EQUITY
負債 Liabilities
銀行及其他金融機構的 Deposits and balances of banks and other
存款及結存 financial institutions 23 5,256,660 2,658,301
客戶存款 Deposits from customers 24 235,574,700 220,683,709
交易用途負債 Trading liabilities 25 3,996,444 3,555,614
已發行存款證 Certificates of deposit issued 26 10,593,445 10,388,272
本期稅項 Current taxation 27(a) 195,405 61,910
遞延稅項負債 Deferred tax liabilities 27(b) 1,520 1,717
其他負債 Other liabilities 10,138,928 12,365,023
債務資本 Loan capital 28 8,705,837 8,766,217
負債總額 Total Liabilities 274,462,939 258,480,763
權益 Equity
股本 Share capital 29(a) 9,366,271 7,566,271
儲備 Reserves 16,414,493 14,177,766
額外權益工具 Additional equity instruments 30 6,173,252 2,310,168
權益總額 Total Equity 31,954,016 24,054,205
權益及負債總額 Total Equity and Liabilities 306,416,955 282,534,968
董事會於2017年3月21日核准並授權發佈。
Approved and authorised for issue by the Board of Directors on 21 March 2017.
張小衛 萬紅
ZHANG Xiaowei Margaret MAN
執行董事、行長兼行政總裁 執行董事兼副行政總裁
Executive Director, President and Executive Director and
Chief Executive Officer Deputy Chief Executive Officer
第61頁到第188頁的附註屬本財務報表一部份。 The notes on pages 61 to 188 form part of these financial statements.
058 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
綜合權益變動表 Consolidated Statement of
Changes in Equity
截至2016年12月31日止年度（以港幣為單位） For the year ended 31 December 2016 (Expressed in Hong Kong dollars)
額外
權益工具
匯兌差額 物業重估 現金流量 投資重估 法定一般 Additional
儲備 儲備 對沖儲備 儲備 法定盈餘 儲備 equity
股本 資本儲備 一般儲備 Exchange Property Cash flow Investment 公積 Regulatory 保留溢利 儲備總額 instruments 權益總額
Share Capital General differences revaluation hedging revaluation Statutory general Retained Total （附註30） Total
capital reserve reserve reserve reserve reserve reserve reserve reserve profits reserves (note 30) equity
港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
於2016年1月1日 At 1 January 2016 7,566,271 6,589 100,000 (622) 55 – (11,718) 58,943 149,500 13,875,019 14,177,766 2,310,168 24,054,205
截至2016年的權益變動： Changes in equity for 2016:
本年度溢利 Profit for the year – – – – – – – – – 2,548,241 2,548,241 – 2,548,241
本年度其他全面收益 Other comprehensive income for the year – – – (93,590) – 1,068 (50,257) – – – (142,779) – (142,779)
本年度全面收益總額 Total comprehensive income for the year – – – (93,590) – 1,068 (50,257) – – 2,548,241 2,405,462 – 2,405,462
發行及配發股份 Issue and allotment of shares 1,800,000 – – – – – – – – – – – 1,800,000
發行額外一級資本證券 Issue of Additional Tier 1 Capital Securities
(“AT 1 Capital Securities”) – – – – – – – – – – – 3,863,084 3,863,084
支付額外一級資本證券票息 Distribution payment for
AT1 Capital Securities – – – – – – – – – – – (168,735) (168,735)
轉自保留溢利 Transfer from retained profits – – – – – – – (5,098) – (163,637) (168,735) 168,735 –
於2016年12月31日 At 31 December 2016 9,366,271 6,589 100,000 (94,212) 55 1,068 (61,975) 53,845 149,500 16,259,623 16,414,493 6,173,252 31,954,016
於2015年1月1日 At 1 January 2015 7,566,271 6,589 100,000 97,554 55 – 86,890 55,839 149,500 11,878,483 12,374,910 2,310,168 22,251,349
截至2015年的權益變動： Changes in equity for 2015:
本年度溢利 Profit for the year – – – – – – – – – 2,168,207 2,168,207 – 2,168,207
本年度其他全面收益 Other comprehensive income for the year – – – (98,176) – – (98,608) – – – (196,784) – (196,784)
本年度全面收益總額 Total comprehensive income for the year – – – (98,176) – – (98,608) – – 2,168,207 1,971,423 – 1,971,423
支付額外一級資本證券票息 Distribution payment for
AT1 Capital Securities – – – – – – – – – – – (168,567) (168,567)
轉自保留溢利 Transfer from retained profits – – – – – – – 3,104 – (171,671) (168,567) 168,567 –
於2015年12月31日 At 31 December 2015 7,566,271 6,589 100,000 (622) 55 – (11,718) 58,943 149,500 13,875,019 14,177,766 2,310,168 24,054,205
第61頁到第188頁的附註屬本財務報表一部份。 The notes on pages 61 to 188 form part of these financial statements.
二零一六年報
Annual Report 2016
綜合現金流量表 Consolidated Cash Flow Statement
截至2016年12月31日止年度（以港幣為單位） For the year ended 31 December 2016 (Expressed in Hong Kong dollars)
2016
附註 港幣千元 港幣千元
Note HK$’000 HK$’000
用於經營業務的現金淨額 Net cash flow used in operating activities 32(a) (1,988,285) (10,065,266)
來自╱（用於）投資業務的 Cash flow generated from/(used in)
現金流量 investing activities
已收權益證券股息 Dividends received from equity securities 6,098 6,294
購入物業及設備 Purchase of property and equipment (193,912) (118,486)
出售物業及設備所得款項 Proceeds from disposal of property and equipment 100
用於投資業務的現金淨額 Net cash used in investing activities (187,714) (112,129)
來自╱（用於）融資業務的 Cash flow generated from/(used in)
現金流量 financing activities
發行股票所得款項 Proceeds from shares issued 1,800,000 –
發行額外一級資本證券所得款項 Proceeds from Additional Tier 1 Capital Securities issued 3,863,084 –
支付額外一級資本證券票息 Distribution paid on Additional Tier 1 Capital Securities (168,735) (168,567)
支付債務資本利息 Interest paid on loan capital (496,495) (496,115)
來自╱（用於）融資業務的 Net cash generated from/(used in)
現金淨額 financing activities 4,997,854 (664,682)
現金及現金等值增加╱（減少）淨額 Net increase/(decrease) in cash and cash equivalents 2,821,855 (10,842,077)
於1月1日的現金及現金等值項目 Cash and cash equivalents at 1 January 51,695,416 62,537,493
於12月31日的現金及現金等值項目 Cash and cash equivalents at 31 December 32(b) 54,517,271 51,695,416
第61頁到第188頁的附註屬本財務報表一部份。 The notes on pages 61 to 188 form part of these financial statements.
060 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
（除特別列明外，均以港幣為單位） (Expressed in Hong Kong dollars unless otherwise indicated)
1 主要業務 1 General information
中信銀行（國際）有限公司（「本行」）及其附 The principal activities of China CITIC Bank International Limited (“the
屬公司（以下統稱「本集團」）的主要業務是 Bank”) and its subsidiaries (together referred to as “the Group”), which
提供銀行及相關金融服務。這些業務對本集 materially affect the results or comprise the assets and liabilities of the
團的業績或資產及負債具有重大影響。 Group, are the provision of banking and related financial services.
中信銀行（國際）有限公司為於香港註冊成 China CITIC Bank International Limited is a licensed bank incorporated
立的持牌銀行，並以香港為辦事處所在地， and domiciled in Hong Kong, and has its registered office at 61-65 Des
其註冊辦事處位於香港德輔道中61-65號。 Voeux Road Central, Hong Kong.
2 主要會計政策 2 Significant accounting policies
這些綜合財務報表編製採用的主要會計政策 The principal accounting policies applied in the preparation of these
載列如下。除非另有說明，這些政策適用於 consolidated financial statements are set out below. These policies
所有的年份。 have been continuously applied to all the years presented, unless
otherwise stated.
(a) 合規聲明 (a) Statement of compliance
本綜合財務報表是根據香港會計師公會頒 These consolidated financial statements of the Group have been
佈，所有適用的《香港財務報告準則》（包括 prepared in accordance with all applicable Hong Kong Financial
所有適用的個別香港財務報告準則、《香港 Reporting Standards (“HKFRSs”), which includes all applicable
會計準則》及詮釋）、香港一般採用的會計 individual Hong Kong Financial Reporting Standards, Hong Kong
原則編製而成。本集團採納的主要會計政策 Accounting Standards (“HKASs”), Interpretations issued by the
簡列如下。 Hong Kong Institute of Certified Public Accountants (“HKICPA”) and
accounting principles generally accepted in Hong Kong. A summary
of the significant accounting policies adopted by the Group is set out
below.
香港會計師公會頒佈數項新增及經修訂的香 The HKICPA has issued certain new and revised HKFRSs that are first
港財務報告準則，並可於本年度本集團及 effective or available for early adoption for the current accounting
本行的會計期首次生效或被提早採納。在與 period of the Group and the Bank. Note 3 (a) provides information
本集團有關的範圍內初次應用這些新訂的準 on any changes in accounting policies resulting from the initial
則所引致當前和以往會計期間的會計政策變 application of these developments to the extent that they are relevant
更，已於本財務報表內反映，有關資料載列 to the Group for the current and prior accounting periods reflected in
於附註3(a)。 these financial statements.
二零一六年報 061
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant Accounting Policies (continued)
(b) 財務報表編製基礎 (b) Basis of preparation
除了以下資產與負債項目以公允價值列賬 The measurement basis used in the preparation of the consolidated
外，編製財務報表時是以歷史成本作為計量 financial statements is the historical cost basis, except that the
基礎。有關詳情已載列於下列會計政策 ︰ following assets and liabilities are stated at their fair value as explained
in the accounting policies set out below:
－ 劃歸為交易用途、指定為通過損益以 – financial instruments classified as trading, designated at fair
反映公允價值及可供出售的金融工具 value through profit or loss and available-for-sale (see note 2(e)
（參閱附註2(e)(ii)） (ii))
－ 投資物業（參閱附註2(h)）； – investment property (see note 2(h)).
管理層在按照香港財務報告準則編製財務報 The preparation of financial statements in conformity with HKFRSs
表時，需要對會計政策的應用和資產及負 requires that management to make judgements, estimates and
債、收入及支出的匯報數額等作判斷、估計 assumptions that affect the application of policies and the reported
及假設從而影響政策實施及資產和負債、及 amounts of assets, liabilities, income and expenses. The estimates
收入與支出之呈報金額。有關估計及假設乃 and associated assumptions are based on historical experience and
按在既定情況下可合理地相信，根據過往之 various other factors that are believed to be reasonable under the
經驗及其他因素，作出判斷那些未能從其他 circumstances, the results of which form the basis of making the
來源確定的資產及負債的賬面值。實際結果 judgements about carrying values of assets and liabilities that are not
可能與此等估計不盡相同。 readily apparent from other sources. Actual results may differ from
these estimates.
有關估計及假設須定期作檢討。若修訂只影 The estimates and underlying assumptions are reviewed on an
響該修訂期，會計估計的修訂於該修訂期內 ongoing basis. Revisions to accounting estimates are recognised in
確認；或如該修訂影響本期及未來會計期， the period in which the estimate is revised if the revision affects only
則於修訂期及未來會計期確認。 that period, or in the period of the revision and future periods if the
revision affects both current and future periods.
管理層在應用香港財務報告準則時作出對財 Judgements made by management in the application of HKFRSs that
務報表有重大影響的判斷，以及估計不可確 have a significant effect on the financial statements and major sources
定因素的主要來源，於附註41討論。 of estimation uncertainty are discussed in note 41.
062 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant Accounting Policies (continued)
(c) 收入確認 (c) Revenue recognition
收入按已收或應收價款的公允價值釐定。收 Revenue is measured at the fair value of the consideration received
入是在經濟效益很可能會流入本集團，以及 or receivable. Provided it is probable that the economic benefits will
能夠可靠地計量收入和成本（如適用）時， flow to the Group and the revenue and costs, if applicable, can be
根據下列方法在收益表內確認 ︰ measured reliably, revenue is recognised in the income statement as
follows:
(i) 利息收入 (i) Interest income
所有計息金融工具的利息收入均使用 Interest income for all interest-bearing financial instruments is
實際利率法以應計基礎在收益表內確 recognised in the income statement on an accruals basis using
認。 the effective interest method.
實際利率法是計算金融資產的攤銷成 The effective interest method is a method of calculating the
本及分配有關期間的利息收入的方 amortised cost of a financial asset and of allocating the interest
法。按照金融資產的賬面淨值折讓未 income over the relevant period. The effective interest rate is
來於金融工具預計有效年期或（如適 the rate that exactly discounts estimated future cash payments
用）較短期間內估計付出或取得的現 or receipts through the expected life of the financial instrument
金值時，所用比率即為實際利率。本 or, when appropriate, a shorter period to the net carrying
集團在計算實際利率時對現金流量作 amount of the financial asset. When calculating the effective
出估計，並且已考慮金融工具的所有 interest rate, the Group estimates cash flows considering all
合約條款（如提前還款、認購及類似 contractual terms of the financial instrument (for example,
期權），惟並無考慮未來信貸損失。合 prepayment, call and similar options) but does not consider
約訂約方付出或收取的所有費用（為 future credit losses. The calculation includes all fees paid or
實際利率的一部份）、交易成本及所有 received between parties to the contract that are an integral
其他溢價或折讓，均在計算之列。因 part of the effective interest rate, transaction costs and all other
住宅物業按揭貸款所支出的現金回贈 premiums or discounts. Cash rebates granted in relation to
會被資本化及按其估計期限於損益表 residential mortgage loans are capitalised and amortised to the
內攤銷。 income statement over their expected life.
減值貸款的利息是用以折算未來現金 Interest on impaired loans is recognised using the rate of
流之利率來確認，以達致計量減值虧 interest used to discount the future cash flows for the purpose
損。 of measuring the impairment loss.
二零一六年報 063
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant Accounting Policies (continued)
(c) 收入確認（續） (c) Revenue recognition (continued)
(ii) 費用及佣金收入 (ii) Fee and commission income
費用及佣金收入在提供相應服務時確 Fee and commission income is recognised when the
認，但如費用是為彌補持續為客戶提 corresponding service is provided, except where the fee is
供服務或承受風險的成本而收取，或 charged to cover the costs of a continuing service to, or risk
費用屬於利息性質則除外。在這些情 borne for, the customer, or is interest in nature. In these cases,
況下，費用在產生成本或承受風險的 the fee is recognised as income in the accounting period in
會計期間確認為收入，或視作利息收 which the cost or risk is incurred and is accounted for as interest
入。 income.
因本集團創造或購入金融資產而產生 Origination or commitment fees received/paid by the Group
之始創或承擔服務費的收入 ╱ 支出須 which result in the creation or acquisition of a financial asset
根據有效利率遞延及確認。如預計承 are deferred and recognised as an adjustment to the effective
擔不會引致提取貸款，該服務費需按 interest rate. When a loan commitment is not expected to
承擔期限以直線法確認為收入。 result in the draw-down of a loan, loan commitment fees are
recognised on a straight-line basis over the commitment period.
(iii) 融資租賃及分期付款合約的財務收入 (iii) Finance income from finance lease and hire purchase contract
融資租賃及分期付款的隱含財務收入 Finance income implicit in the finance lease and hire purchase
按租賃年期確認為利息收入，以令每 payments is recognised as interest income over the period of
個會計期間剩餘的淨投資回報率大致 the leases so as to produce an approximately constant periodic
上相同。因購併融資租賃及分期付款 rate of return on the outstanding net investment in the leases
合約而付交易商之佣金，已包含於資 for each accounting period. Commission paid to dealers for the
產的賬面值及於租賃期內攤銷併入收 acquisition of finance lease loans or hire purchase contracts is
益表，作為對利息收入的調整。 included in the carrying value of the assets and amortised to
the income statement over the expected life of the lease as an
adjustment to interest income.
(iv) 經營租賃的租金收入 (iv) Rental income from operating lease
經營租賃的租金收入會按租賃年期， Rental income received under operating leases is recognised
以等額分期確認於收益表內。經營租 in the income statement in equal instalments over the periods
賃協議所涉及的激勵措施均在收益表 covered by the lease term. Lease incentives granted are
內確認為租賃淨收款總額的組成部份。 recognised in the income statement as an integral part of the
aggregate net lease payments receivable.
(v) 股息收入 (v) Dividend income
非上市投資股息收入在股東收取權被 Dividend income from unlisted investments is recognised
確立時才予以確認。上市投資股息收 when the shareholder’s right to receive payment is established.
入則在該投資的股價除息時才被確認。 Dividend income from listed investments is recognised when
the share price of the investment is quoted ex-dividend.
064 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(d) 附屬公司 (d) Subsidiaries
附屬公司是指受本集團控制的實體。當本集 Subsidiaries are entities controlled by the Group. The Group controls
團控制實體時，本集團因參與實體、披露及 an entity when it is exposed, or has rights, to variable returns from its
有權利取得實體的浮動回報，並且有能力行 involvement with the entity and has the ability to affect those returns
使權力以影響實體的回報。在評估本集團是 through its power over the entity. When assessing whether the Group
否具有權力時，只有基本權利（由本集團及 has power, only substantive rights (held by the Group and other
其他人士持有）會被考慮。 parties) are considered.
於附屬公司的投資由控制權開始生效當日起 An investment in a subsidiary is consolidated into the consolidated
在綜合財務報表中綜合計算，直至控制權終 financial statements from the date that control commences until the
止期間為止。集團內部的結餘、交易及現金 date that control ceases. Intra-group balances, transactions and cash
流量，及任何集團內部交易所產生的未實現 flows, and any unrealised profits arising from intra-group transactions
溢利均於編製綜合財務報表時悉數抵銷。除 are eliminated in full in preparing the consolidated financial
有證據顯示已出現減值的部份外，集團內部 statements. Unrealised losses resulting from intra-group transactions
交易產生的未實現虧損的攤銷方法與未實現 are eliminated in the same way as unrealised gains, but only to the
收益相同。 extent that there is no evidence of impairment.
集團的權益變化均列作股權交易，不會導致 Changes in the Group’s interests in a subsidiary that do not result in
失去附屬公司的控制權，據此在合併資產控 a loss of control are accounted for as equity transactions, whereby
制和非控制權益的金額作出調整，以反映變 adjustments are made to the amounts of controlling and non-
化的相對利益，但不調整商譽及確認收益或 controlling interests within consolidated equity to reflect the change
虧損。 in relative interests, but no adjustments are made to goodwill and no
gain or loss is recognised.
倘本集團失去附屬公司之控制權，有關交易 When the Group loses control of a subsidiary, it is accounted for as
將會當作出售有關附屬公司之全部權益入 a disposal of the entire interest in that subsidiary, with a resulting
賬，而所得盈虧將於損益表中確認入賬。於 gain or loss being recognised in the income statement. Any interest
失去控制權當日該前附屬公司仍然保留之任 retained in that former subsidiary at the date when control is lost is
何權益將以公允值確認入賬，而此金額將被 recognised at fair value. The fair value is the initial carrying amount for
視為聯營，合資，金融資產首次確認之公允 the purposes of subsequently accounting for the retained interest as
值。此外，在其他綜合收益就實體以前確認 an associate, joint venture or financial asset. In addition, any amounts
的金額將重新分配當作本集團出售有關的資 previously recognised in other comprehensive income in respect of
產或負債。這種方式意味著，以前在其他綜 the entity are allocated for as if the group had directly disposed of
合收益確認金額重新分配至當期損益。 related assets or liabilities. This way means that amounts previously
recognised in other comprehensive income are reclassified to profit
or loss.
在本行的財務狀況表中，其於附屬公司的 In the Bank’s statement of financial position, an investment in a
投資是按成本減去減值虧損（如有）（參閱附 subsidiary is stated at cost less impairment losses, if any (see note 2(l)),
註2(l)）後入賬，除非該投資已分類為持有待 unless the investment is classified as held for sale (or included in a
出售（或已包含在分類為待出售的處置單位 disposal group that is classified as held for sale) (see note 2(s)).
內）（參閱附註2(s)）。
二零一六年報 065
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(e) 金融工具 (e) Financial instruments
(i) 首次確認 (i) Initial recognition
本集團在首次確認金融工具時，是按 The Group classifies its financial instruments into different
照購入資產或產生負債的目的而將金 categories at inception, depending on the purpose for which
融工具分為不同類別。分類為 ︰ 通過 the assets were acquired or the liabilities were incurred. The
損益以反映公允價值、貸款及應收賬 categories are: fair value through profit or loss, loans and
項、可供出售證券及其他金融負債。 receivables, available-for-sale securities and other financial
liabilities.
金融工具先以公允價值計量，通常與 Financial instruments are initially measured at fair value, which
交易價相同。如果金融資產或金融負 will normally be equal to the transaction price plus, in the
債不屬於通過損益以反映公允價值， case of a financial asset or financial liability not held at fair
便需加上直接歸屬於購入金融資產或 value through profit or loss, transaction costs that are directly
發行金融負債的交易成本。通過損益 attributable to the acquisition of the financial asset or issue
以反映公允價值的金融資產及金融負 of the financial liability. Transaction costs on financial assets
債的交易成本將立即支銷。 and financial liabilities at fair value through profit or loss are
expensed immediately.
本集團會在成為金融工具合約其中一 The Group recognises financial assets and financial liabilities
方當日確認金融資產及金融負債。以 on the date it becomes a party to the contractual provisions
有規律方式買賣通過損益以反映公允 of the instrument. A regular way purchase or sale of financial
價值的金融資產及負債按交易日會計 assets and financial liabilities at fair value through profit or loss is
法予以確認。其他金融資產及負債按 recognised using trade date accounting. Other financial assets
結算日會計法予以確認。通過損益以 and financial liabilities are recognised using settlement date
反映公允價值的金融資產或金融負債 accounting. From these dates, any gains and losses arising from
的公允價值變動產生的任何盈虧由該 changes in fair value of the financial assets or financial liabilities
日起記錄。 at fair value through profit or loss are recorded.
(ii) 分類 (ii) Categorisation
通過損益以反映公允價值 Fair value through profit or loss
該類別包括持作交易用途的金融資產 This category comprises financial assets and liabilities held for
及金融負債，以及於初始確認時指定 trading, and those designated at fair value through profit or
為通過損益以反映公允價值的金融資 loss upon initial recognition, but excludes those investments in
產及金融負債，惟不包括沒有市場報 equity instruments that do not have a quoted market price and
價及不能可靠計量公允價值的股本工 whose fair value cannot be reliably measured.
具投資。
交易用途金融工具為主要就交易用途 Trading financial instruments are financial assets or financial
而購入或招致的金融資產或金融負 liabilities which are acquired or incurred principally for the
債，或屬可辨別金融工具組合的一部 purpose of trading, or are part of a portfolio of identified
份，並有證據顯示該組合最近有可短 financial instruments that are managed together and for which
期獲利的模式。不合資格採用對沖會 there is evidence of a recent actual pattern of short-term profit-
計法（附註2(g)）的衍生工具則計入交 taking. Derivatives that do not qualify for hedge accounting
易用途工具。 (note 2(g)) are accounted for as trading instruments.
066 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(e) 金融工具（續） (e) Financial instruments (continued)
(ii) 分類（續） (ii) Categorisation (continued)
通過損益以反映公允價值（續） Fair value through profit or loss (continued)
如屬以下情況，本集團可以選擇在初 The Group has the option of designating its financial
始確認時將金融工具指定為通過損益 instruments at fair value through profit or loss upon initial
以反映公允價值： recognition when:
－ 本集團內部是按公允價值基準管 – the assets or liabilities are managed, evaluated and
理、衡量和匯報有關的資產或負 reported internally on a fair value basis
債；
－ 作出指定後，原應出現的會計錯 – the designation eliminates or significantly reduces an
配情況可予消除或明顯減少； accounting mismatch which would otherwise arise
－ 有關的資產或負債包括內含衍生 – the asset or liability contains embedded derivatives that
工具，而這些衍生工具令原來按 significantly modify the cash flows that would otherwise
合約所需的現金流量出現明顯的 be required under the contract; or
變化；或
－ 本集團沒有被禁止將嵌入衍生工 – the separation of the embedded derivatives from the
具從金融工具內分開。 financial instrument is not prohibited.
該類別下的金融資產及金融負債是按 Financial assets and liabilities under this category are carried at
公允價值列賬。公允價值的變動在有 fair value. Changes in the fair value are included in the income
關變動產生的期間計入收益表。在出 statement in the period in which they arise. Upon disposal or
售或購回時，淨銷售所得款項或淨付 repurchase, the difference between the net sale proceeds or the
款與賬面值之間的差額會計入收益表 net payment and the carrying value is included in the income
內。 statement.
貸款及應收賬項 Loans and receivables
貸款及應收賬項為具有固定或可確定 Loans and receivables are non-derivative financial assets with
付款且在活躍市場沒有報價的非衍 fixed or determinable payments that are not quoted in an
生金融資產，惟除了(a)本集團擬即時 active market, other than (a) those that the Group intends to
或於短期內出售而劃歸為持作交易用 sell immediately or in the near term, which are classified as held
途；(b)本集團於初始確認時已指定為 for trading; (b) those that the Group, upon initial recognition,
通過損益以反映公允價值或可供出售 designates as being at fair value through profit or loss or as
者；或(c)本集團可能無法收回其絕大 available-for-sale; or (c) those for which the Group may not
部份初始投資（因信貸表現惡化而無 recover substantially all of its initial investment, other than
法收回者除外）則分類為可供出售。 because of credit deterioration, which are classified as available-
貸款及應收賬項主要包括客戶貸款及 for-sale. Loans and receivables mainly comprise loans and
墊款和在銀行、中央銀行及其他金融 advances to customers and placements with and advances to
機構的存款及墊款。 banks, central banks and other financial institutions.
貸款及應收賬採用實際利率法，按攤 Loans and receivables are carried at amortised cost using the
銷成本減去減值虧損（如有）（參閱附 effective interest method, less impairment losses, if any (see
註2(l)）後列賬。 note 2(l)).
二零一六年報 067
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(e) 金融工具（續） (e) Financial instruments (continued)
(ii) 分類（續） (ii) Categorisation (continued)
可供出售證券 Available-for-sale securities
可供出售證券是指定為可供出售或並 Available-for-sale securities are non-derivative financial assets
無劃歸上述二個中任何一個類別的非 that are designated as available-for-sale or are not classified in
衍生金融資產，包括計劃作不定期限 any of the other two categories above. They include financial
持有的金融資產，惟可能因應流動資 assets intended to be held for an indefinite period of time but
金需求或市場環境變動而出售。 which may be sold in response to needs for liquidity or changes
in the market environment.
可供出售證券是按公允價值列賬。除 Available-for-sale securities are carried at fair value. Unrealised
如債務證券的貨幣性項目所引致的減 gains and losses arising from changes in the fair value are
值虧損及外匯盈虧須在收益表確認 recognised in other comprehensive income and accumulated
外，因公允價值變動而產生之未實現 separately in equity, except for impairment losses and foreign
收益及虧損於其他全面收益內確認， exchange gains and losses on monetary items such as debt
並在權益內分開累計。 securities which are recognised in the income statement.
權益證券投資並沒有活躍市場的報 Investments in equity securities that do not have a quoted
價，而其公允價值並不能可靠計量， market price in an active market and whose fair value cannot be
與之有所聯繫的衍生工具須透過交付 measured reliably, and derivatives that are linked to and must
該權益證券而清償，該類權益證券投 be settled by delivery of such unquoted equity securities, are
資按成本減去減值虧損（如有）（參閱 carried at cost less impairment losses, if any (see note 2(l)).
附註2(l)）後列賬。
倘出售可供出售證券，出售收益或虧 When the available-for-sale securities are sold, gains or losses
損包括淨銷售所得款項與賬面值之間 on disposal include the difference between the net sale
的差額，以及曾經確認為其他全面收 proceeds and the carrying value, and the accumulated fair
益之累計公允價值調整須由權益重新 value adjustments which are previously recognised in other
分類而轉入收益表。 comprehensive income are reclassified from equity to the
income statement.
其他金融負債 Other financial liabilities
除交易用途負債及該等指定為通過損 Financial liabilities, other than trading liabilities and those
益以反映公允價值的金融負債外，金 designated at fair value through profit or loss, are measured at
融負債是採用實際利率法按攤銷成本 amortised cost using the effective interest method.
計量。
068 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(e) 金融工具（續） (e) Financial instruments (continued)
(iii) 公允價值計量原則 (iii) Fair value measurement principles
金融工具的公允價值是於結算日根據 The fair value of financial instruments is based on their quoted
其市場報價但未扣除將來估計出售的 market prices at the end of the reporting period without any
成本計算。金融資產以當時買入價作 deduction for estimated future selling costs. Financial assets are
價，而金融負債則以當時賣出價作價。 priced at current bid prices, while financial liabilities are priced
at current asking prices.
如並無最新公開成交價，或未能從認 If there is no publicly available latest traded price nor a quoted
可證券交易所獲得市場報價或從經 market price on a recognised stock exchange or a price from a
紀 ╱ 交易商獲得屬於非通過交易所買 broker/dealer for non-exchange-traded financial instruments,
賣的金融工具價格，或如市場交投不 or if the market for them is not active, the fair value of the
活躍，則此工具的公允價值以估值模 instrument is estimated using valuation techniques that provide
式估值，而該估值模式可根據市場實 a reliable estimate of prices which could be obtained in actual
際交易提供可靠的估計價格。 market transactions.
當採用現金流量折讓價格模式，估計 Where discounted cash flow techniques are used, estimated
將來現金流量按管理層的最佳估計及 future cash flows are based on management’s best estimates
採用的折現率是在結算日適用於相近 and the discount rate used is a market rate at the end of the
工具條款及條件的市場利率計算。當 reporting period applicable for an instrument with similar terms
採用其他定價模式，輸入項目是依據 and conditions. Where other pricing models are used, input is
結算日的市場價格資料。 based on market data at the end of the reporting period.
(iv) 終止確認 (iv) Derecognition
當從金融資產獲得現金流量的合約權 A financial asset is derecognised when the contractual rights to
利屆滿，或當金融資產連同擁有權的 receive the cash flows from the financial asset expire, or when
絕大部份風險及回報已被轉移，便會 the financial asset together with substantially all the risks and
終止確認金融資產。 rewards of ownership, have been transferred.
當合約指定的義務已經履行、取消或 A financial liability is derecognised when the obligation
屆滿，便會終止確認金融負債。 specified in the contract is discharged, cancelled or expired.
(v) 抵銷 (v) Offsetting
倘若存在可依法強制執行的權利可抵 Financial assets and financial liabilities are offset and the net
銷已確認數額，且有計劃按淨額基準 amount is reported in the statement of financial position when
結算或同時變現資產及償付負債，則 there is a legally enforceable right to offset the recognised
金融資產及金融負債可予抵銷，淨額 amounts and there is an intention to settle on a net basis, or
在財務狀況表內匯報。依法強制執行 realise the asset and settle the liability simultaneously. The
的權利必須不能是或有的未來事件， legally enforceable right must not be contingent on future
必須是在正常業務過程中，而且發生 events and must be enforceable in the normal course of
銀行或對手違約或破產等事件。 business and in the event of default, insolvency or bankruptcy
of the Bank or the counterpart.
二零一六年報 069
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(e) 金融工具（續） (e) Financial instruments (continued)
(vi) 內含衍生工具 (vi) Embedded derivatives
內含衍生工具是一個包括衍生工具及 An embedded derivative is a component of a hybrid (combined)
主合約的混合（合併）工具的一部份， instrument that includes both the derivative and a host
這一部份以獨立衍生工具類似的方式 contract, with the effect that some of the cash flows of the
改變該合併工具的部份現金流量。當 combined instrument vary in a way similar to a stand-alone
(a)內含衍生工具的經濟特質及風險與 derivative. The embedded derivatives are separated from the
主合約並無密切關係；及(b)混合（合 host contract and accounted for as a derivative when (a) the
併）工具並非以公允價值計量而公允 economic characteristics and risks of the embedded derivative
價值變動在收益表內確認，則內含衍 are not closely related to the host contract; and (b) the hybrid
生工具從主合約分開，並入賬列作衍 (combined) instrument is not measured at fair value, with
生工具。 changes in fair value recognised in the income statement.
當內含衍生工具分開，則主合約根據 When the embedded derivative is separated, the host contract
金融工具的會計政策入賬（參閱附註 is accounted for in accordance with the accounting policies of
2(e)(ii)）。 financial instruments (see note 2(e)(ii)).
(f) 購回及反向購回交易 (f) Repurchase and reverse repurchase transactions
出售的證券如同時附有在某一較後日期以固 Securities sold subject to a simultaneous agreement to repurchase
定價格購回這些證券的協議（購回協議）， these securities at a certain later date at a fixed price (repurchase
會在財務報表內保留，並根據其原有計量原 agreements) are retained in the financial statements and measured in
則計量。出售所得款項匯報為負債，並以攤 accordance with their original measurement principles. The proceeds
銷成本列賬。 from the sale received are reported as liabilities and are carried at
amortised cost.
根據轉售協議（反向購回協議）購買的證券 Securities purchased under agreements to resell (reverse repurchase
不列作購買證券，且不會在財務狀況表中確 agreements) are reported not as purchases of the securities and
認，但該支付的價款則被列作應收賬項，並 not recognised on the statement of financial position, but the
以攤銷成本在財務狀況表內列賬。 consideration paid is recorded as receivables, and are carried in the
statement of financial position at amortised cost.
反向購回協議賺取的利息及購回協議產生的 Interest earned on reverse repurchase agreements and interest
利息採用實際利率法，在各協議的有效期內 incurred on repurchase agreements are recognised as interest income
分別確認為利息收入及利息支出。 or interest expense, respectively, over the life of each agreement, using
the effective interest rate method.
070 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(g) 對沖 (g) Hedging
對沖會計法確認對沖工具與被對沖項目的公 Hedge accounting recognises the offsetting effects on profit or
允價值變動對損益構成的抵銷影響。本集團 loss of changes in the fair values of the hedging instrument and
於開始進行對沖及持續進行對沖時，評估用 the hedged item. The Group assesses and documents whether the
於對沖交易的金融工具在抵銷與被對沖風險 financial instruments that are used in hedging transactions are highly
相關的被對沖項目的公允價值或現金流量變 effective in offsetting changes in fair values or cash flows of hedged
動上是否極具效用，並就此制定文件記錄。 items attributable to the hedged risks both at hedge inception and
當(a)對沖工具到期或售出、終止或行使；或 on an ongoing basis. The Group discontinues hedge accounting
(b)對沖不再符合對沖會計法的使用條件；或 prospectively when (a) the hedging instrument expires or is sold,
(c)本集團撤銷對沖關係的指定，本集團將終 terminated or exercised; (b) the hedge no longer meets the criteria for
止在往後採用對沖會計法。 hedge accounting; or (c) the Group revokes the designation.
(i) 公允價值對沖 (i) Fair value hedge
公允價值對沖尋求抵銷已確認資產或 A fair value hedge seeks to offset the risks of changes in the fair
負債的公允價值變動的風險，該等風 value of a recognised asset or liability that will give rise to a gain
險將導致損益在收益表內確認。 or loss being recognised in the income statement.
對沖工具以公允價值計量，公允價值 The hedging instrument is measured at fair value, with fair value
變動在收益表內確認。被對沖項目的 changes recognised in the income statement. The carrying
賬面值按與被對沖風險相關的對沖工 amount of the hedged item is adjusted by the amount of the
具公允價值變動的數額作出調整。此 changes in fair value of the hedging instrument attributable
調整在收益表內確認，以抵銷損益對 to the risk being hedged. This adjustment is recognised in the
對沖工具構成的影響。 income statement to offset the effect of the gain or loss on the
hedging instrument.
當對沖工具到期或被出售、終止或行 When a hedging instrument expires or is sold, terminated or
使、對沖不再符合對沖會計法的使用 exercised; the hedge no longer meets the criteria for hedge
條件或本集團撤銷指定的對沖關係 accounting; or the Group revokes designation of the hedge
時，截至當時為止對採用實際利率法 relationship, any adjustment up to that point, to a hedged item
計量的被對沖項目作出的任何調整， for which the effective interest rate method is used is amortised
均在收益表中攤銷（作為該項目在尚 to the income statement as part of the recalculated effective
餘期限內重新計算的實際利率一部 interest rate of the item over its remaining life.
份）。
二零一六年報 071
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(g) 對沖（續） (g) Hedging (continued)
(ii) 現金流量對沖 (ii) Cash flow hedge
被指定及符合條件可列為現金流量對 The effective portion of changes in the fair value of derivatives
沖的衍生工具，其公平價值出現變動 that are designated and qualified as cash flow hedges is
的有效對沖部份，將於其他全面收益 recognised in other comprehensive income and accumulated
表確認及分別累計於股東權益中列 separately in equity. Any gain or loss in fair value relating to an
賬。任何公平價值損益而屬對沖無效 ineffective portion is recognised immediately in the income
部份即時在收益表中列賬。 statement.
當對沖金融工具到期或售出時，或對 When a hedging instrument expires or is sold, or when a
沖工具不再符合採用對沖會計法的條 hedge no longer meets the criteria for hedge accounting, any
件時，股東權益中的任何累積損益仍 cumulative gain or loss at that time remains in equity until the
會繼續保留在股東權益內，直至預計 forecast transaction is ultimately recognised in the income
進行的交易最終於收益表確認時，始 statement. When a forecast transaction is no longer expected
撥入收益表內。如預計進行的交易預 to occur, the cumulative gain or loss that was recognised in
期不會落實進行，其他全面收益內所 other comprehensive income is immediately reclassified to the
列的累積損益將立即撥入收益表內。 income statement.
(iii) 對沖效用測試 (iii) Hedge effectiveness testing
為符合資格實施對沖會計法，在開始 In order to qualify for hedge accounting, the Group carries out
對沖時及預計對沖期內，本集團須進 prospective effectiveness testing to demonstrate that it expects
行效用測試以顯示預期對沖成效極具 the hedge to be highly effective (prospective effectiveness)
效用（預計效用）。在對沖期內，並必 at the inception of the hedge and throughout its life. Actual
須持續顯示有實際效用（追溯效用）。 effectiveness (retrospective effectiveness) also needs to be
demonstrated on an ongoing basis.
有關各種對沖關係的文件載有如何評 The documentation of each hedging relationship sets out how
估對沖的效用。本集團採納的對沖效 the effectiveness of the hedge is assessed. The method which
用評估方法將視乎其風險管理策略而 the Group adopts for assessing hedge effectiveness will depend
定。 on its risk management strategy.
072 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(g) 對沖（續） (g) Hedging (continued)
(iii) 對沖效用測試（續） (iii) Hedge effectiveness testing (continued)
就公允價值對沖關係而言，本集團採 For fair value hedge relationships, the Group utilises the
用累計價值抵銷法或進取式分析作為 cumulative dollar offset method or regressive analysis as
測試效用的方法。 effectiveness testing methodologies.
就預計效用而言，對沖工具必須被預 For prospective effectiveness, the hedging instrument must be
期為在指定對沖期間內，能高度有效 expected to be highly effective in achieving offsetting changes
地抵銷被對沖風險的公允價值或現金 in fair value or cash flows attributable to the hedged risk during
流量變動。就實際效用而言，公允價 the period for which the hedge is designated. For actual
值或現金流量變動抵銷額須介乎80%至 effectiveness, the changes in fair value or cash flows must offset
125%之間才被視為有效。 each other in the range of 80% to 125% for the hedge to be
deemed effective.
(h) 投資物業 (h) Investment properties
集 團 若 擁 有 或 以 租 約 業 權（參 閱 附 註2(j)） Investment properties are land and/or buildings which are owned or
持有的土地及 ╱ 或樓宇，以賺取租金收入 held under a leasehold interest (see note 2(j)) to earn rental income
及 ╱ 或 作 資 本 增 值 的 目 的， 列 為 投 資 物 and/or for capital appreciation. These include land and buildings held
業。投資物業包括目前未確定將來用途的土 for a currently undetermined future use.
地和樓宇。
投資物業按公允價值記入財務狀況表中。投 Investment properties are stated in the statement of financial position
資物業公允價值的變動，或報廢或出售投資 at fair value. Any gain or loss arising from a change in fair value or from
物業所產生的任何收益或虧損均在收益表中 the retirement or disposal of an investment property is recognised in
確認。投資物業的租金收入是按照會計政策 the income statement. Rental income from investment properties is
第2(c)(iv)項所述方式入賬。 accounted for as described in note 2(c)(iv).
如果本集團以經營租賃持有物業權益以賺取 When the Group holds a property interest under an operating lease
租金收入及 ╱ 或為資本增值，有關的權益 to earn rental income and/or for capital appreciation, the interest is
會按每項物業的基準劃歸為投資物業。劃 classified and accounted for as an investment property on a property-
歸為投資物業的任何物業權益的入賬方式與 by-property basis. Any such property interest which has been
以融資租賃（參閱附註2(j)(ii)）持有的權益一 classified as an investment property is accounted for as if it were held
樣，而其適用的會計政策也跟以融資租賃出 under a finance lease (see note 2(j)(ii)), and the same accounting
租的其他投資物業相同。租賃付款的入賬方 policies are applied to that interest as are applied to other investment
式載列於附註2(c)(iii)。 properties leased under finance leases. Lease payments are accounted
for as described in note 2(c)(iii).
二零一六年報 073
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(i) 其他物業及設備 (i) Other premises and equipment
這些財務報表是按照香港會計師公會頒佈的 In preparing these financial statements, advantage has been taken
《香 港 會 計 準 則》第16號「物 業、 廠 房 及 設 of the transitional provisions set out in paragraph 80A of HKAS 16,
備」第80A段所載的過渡性條文編製，故並 Property, plant and equipment, issued by the HKICPA, with the effect
無在結算日重估在截至1995年9月30日前期 that other premises which are carried at revalued amounts in financial
間的財務報表內以重估數額列賬的其他物業 statements relating to periods ended before 30 September 1995 have
的公允價值。 not been revalued to fair value at the end of the reporting period.
下列物業及設備項目以成本減累計折舊及減 The following items of property and equipment are stated at cost less
值虧損（如有）（參閱附註2(l)）列賬 ︰ accumulated depreciation and impairment losses, if any (see note
2(l)):
－ 位於租賃土地上的持作自用之樓宇被 – buildings held for own use which are situated on leasehold land
列作持有經營租賃（參閱附註2(j)(iii)） classified as held under operating leases (see note 2(j)(iii))
－ 其他設備項目。 – other items of equipment.
持有自用物業的重估變動一般計入其他全面 Changes arising in the revaluation of properties held for own use
收益內，並在權益中的物業重估儲備內分開 are generally dealt with in other comprehensive income and are
累計。 accumulated separately in equity in the property revaluation reserve.
報廢或出售物業及設備項目所產生的損益以 Gains or losses arising from the retirement or disposal of an item of
出售所得淨額與項目的賬面值之間的差額釐 property and equipment are determined as the difference between
定，並於報廢或出售當日在收益表內確認。 the net disposal proceeds and the carrying amount of the item, and
任何相關的重估盈餘將由重估儲備轉入保留 are recognised in the income statement on the date of retirement
溢利，而非重新分類至收益表內。 or disposal. Any related revaluation surplus is transferred from the
revaluation reserve to retained profits and is not reclassified to the
income statement.
物業及設備項目按以下方式在估計可用年期 Depreciation is calculated to write off the cost or valuation of items
內以直線法計算折舊以沖銷其成本或估值 of property and equipment, less their estimated residual value, if
（已扣除估計殘值（如有））︰ any, using the straight line method over the estimated useful lives as
follows:
－ 永久業權土地不予折舊。 – Freehold land is not depreciated.
－ 租賃物業列作融資租賃持有按照租約 – Leasehold land classified as held under finance leases is
剩餘年折舊攤銷。 depreciated over the unexpired term of lease.
－ 樓宇 － 以30年以上或土地租賃剩餘年 – Buildings are depreciated over 30 years or the unexpired terms
期兩者中的較短者計算折舊。 of the land leases, whichever is shorter.
－ 傢俬、固定裝置及設備 － 3至10年。 – Furniture, fixtures and equipment are depreciated over a term
of 3 to 10 years.
倘若物業及設備項目部份的可用年期不同， Where parts of an item of property and equipment have different
則項目成本或估值在各部份作出合理分配， useful lives, the cost or valuation of the item is allocated on a
而各部份分開計算折舊。資產的可用年期及 reasonable basis between the parts, and each part is depreciated
其餘值（如有）每年作出檢討。 separately. Both the useful life of an asset and its residual value, if any,
are reviewed annually.
074 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(j) 租賃及分期付款合約 (j) Leases and hire purchase contracts
如果本集團把一項安排（包括一項交易或一 An arrangement, comprising a transaction or a series of transactions,
系列交易）確定為在一段商定期間轉讓一項 is or contains a lease if the Group determines that the arrangement
或一些特定資產的使用權，以換取一筆或多 conveys a right to use a specific asset or assets for an agreed period
筆付款，則這項安排便包含租賃。確定時是 of time in return for a payment or a series of payments. Such a
以對有關安排的實質所作評估為準，而不管 determination is made based on an evaluation of the substance of
這項安排是否涉及租賃的法律形式。 the arrangement and applies regardless of whether the arrangement
takes the legal form of a lease.
(i) 租賃資產分類 (i) Classification of leased assets
本集團承受擁有權帶來的絕大部份風 Assets that are held by the Group under leases and which
險及回報的資產租賃列為融資租賃。 transfer to the Group substantially all the risks and rewards of
出租人沒有轉移擁有權帶來的絕大部 ownership are classified as finance leases. Leases which do not
份風險及報酬的租賃列為經營租賃。 transfer substantially all the risks and rewards of ownership to
the lessee are classified as operating leases.
(ii) 融資租賃 (ii) Finance leases
在本集團是融資租賃的出租人情況 Where the Group is a lessor under finance leases, an amount
下，對在租賃中租出的資產的投資淨 representing the net investment in the lease is included in
額視作客戶貸款及墊款，在財務狀況 the statement of financial position as loans and advances
表列賬。有融資租賃特徵的分期付款 to customers. Hire purchase contracts which have the
合約以同樣方式列作融資租賃。減值 characteristics of finance leases are accounted for in the same
虧 損 根 據 附 註2(l)所 載 的 會 計 政 策 入 manner as finance leases. Impairment losses are accounted for
賬。 in accordance with the accounting policy as set out in note 2(l).
(iii) 經營租賃 (iii) Operating leases
倘若本集團根據經營租賃租出資產， Where the Group leases out assets under operating leases,
則資產根據其性質計入財務狀況表， the assets are included in the statement of financial position
而在適用的情況下，折舊會根據附註 according to their nature and, where applicable, are depreciated
2(i)所載的本集團折舊政策計算。減值 in accordance with the Group’s depreciation policies, as set out in
虧 損 根 據 附 註2(l)所 載 的 會 計 政 策 入 note 2(i). Impairment losses are accounted for in accordance with
賬。經營租賃的收入會根據附註2(c)(iv) the accounting policy as set out in note 2(l). Revenue arising from
所載的本集團收入確認政策確認。 operating leases is recognised in accordance with the Group’s
revenue recognition policies, as set out in note 2(c)(iv).
如本集團使用根據經營租賃持有的資 Where the Group has the use of assets held under operating
產，除非有其他基準更能表示從該等 leases, payments made under the leases are charged to the
經營租賃資產獲得利益的模式，否則 income statement in equal instalments over the accounting
其租賃支出按該租賃年期相關的會計 periods covered by the lease term, except where an alternative
期間以等額分期記入收益表。租賃回 basis is more representative of the pattern of benefits to be
贈收入視為淨租賃支出總額的一部 derived from the leased asset. Lease incentives received are
份，在收益表內確認。 recognised in the income statement as an integral part of the
aggregate net lease payments made.
二零一六年報 075
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(k) 取回抵押資產 (k) Repossessed assets
在收回減值貸款及墊款時，本集團可透過法 In the recovery of impaired loans and advances, the Group may take
律程序或借款人自願交付而取回持作抵押品 possession of assets held as collateral through court proceedings
的資產。當本集團再不向借款人追索還款， or voluntary delivery of possession by the borrowers. Where it is
並欲轉為透過有秩序的減值資產變現時，則 intended to achieve an orderly realisation of the impaired assets
取回抵押資產會在「其他資產」下匯報。本 and the Group is no longer seeking repayment from the borrower,
集團沒有持有取回抵押資產作自用用途。 repossessed assets are reported in “Other assets”. The Group does not
hold the repossessed assets for its own use.
取回資產在交易日以有關貸款及墊款的賬面 Repossessed assets are recognised at the lower of the carrying
值及公允價值減出售成本確認（以較低者為 amount of the related loans and advances and fair value less costs to
準），不予折舊或攤銷。 sell at the date of exchange. They are not depreciated or amortised.
初次分類及其後重新計量引致的減值虧損在 Impairment losses on initial classification and on subsequent
收益表內確認。 remeasurement are recognised in the income statement.
(l) 資產減值 (l) Impairment of assets
本集團在每個結算日審閱資產的賬面金額， The carrying amount of the Group’s assets is reviewed at the end
以確定是否出現客觀的減值跡象。金融資產 of each reporting period to determine whether there is objective
減值的客觀跡象包括本集團注意到有關以下 evidence of impairment. Objective evidence that financial assets are
任何一宗或多宗損失事件的可觀察數據，並 impaired includes observable data that comes to the attention of the
對能夠可靠地估計的資產的未來現金流量構 Group about one or more of the following loss events which has an
成影響。 impact on the future cash flows of the assets that can be estimated
reliably:
－ 發行人或借款人出現重大的財務困 – significant financial difficulty of the issuer or borrower
難；
－ 違反合約，如拖欠利息或本金付款； – a breach of contract, such as a default or delinquency in interest
or principal payments
－ 借款人很可能面臨破產或其他財務重 – it becoming probable that the borrower will enter bankruptcy
組； or other financial reorganisation
－ 技術、市場、經濟或法律環境出現對 – significant changes in the technological, market, economic or
借款人構成負面影響的重大變動； legal environment that have an adverse effect on the borrower
－ 金融資產因財務困難而失去活躍市 – the disappearance of an active market for financial assets
場； because of financial difficulties
－ 於權益工具的投資顯著或長期跌至低 – a significant or prolonged decline in the fair value of an
於成本。 investment in an equity instrument below its cost.
如果出現任何這類跡象，賬面金額便會透過 If any such evidence exists, the carrying amount is reduced to the
在收益表內列支而減少至估計可收回金額。 estimated recoverable amount by means of a charge to the income
statement.
076 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(l) 資產減值（續） (l) Impairment of assets (continued)
減值損失會直接沖銷相應的資產，但就以攤 Impairment losses are written off against the corresponding assets
銷成本計量的貸款及應收賬項確認的減值損 directly, except for impairment losses recognised in respect of
失而言，其可收回性被視為可疑，但不是可 loans and receivables whose recovery is considered doubtful but
能性極低則除外。在這種情況下，減值損失 not remote, which are measured at amortised cost. In this case, the
會採用準備賬來記錄。當本集團認為收回的 impairment losses are recorded using an allowance account. When
可能性極低時，被視為不可收回的數額便會 the Group is satisfied that recovery is remote, the amount considered
直接沖銷貸款及應收賬項，與該借款人 ╱ irrecoverable is written off against loans and receivables directly
投資有關而在準備賬內持有的任何數額也會 and any amounts held in the allowance account relating to that
轉回。其後收回早前計入準備賬的數額會在 borrower/investment are reversed. Subsequent recoveries of amounts
準備賬轉回，準備賬的其他變動和其後收回 previously charged to the allowance account are reversed against
早前直接沖銷的數額均在收益表內確認。 the allowance account. Other changes in the allowance account and
subsequent recoveries of amounts previously written off directly are
recognised in the income statement.
(i) 貸款及應收賬項 (i) Loans and receivables
貸款及應收賬項的減值虧損是以資產 Impairment losses on loans and receivables are measured as
賬面值，以及就資產以其原本的實際 the difference between an asset’s carrying amount and the
利率（即於首次確認這些資產時計算 present value of estimated future cash flows discounted at the
的實際利率）用折現方式計算預計的 asset’s original effective interest rate (i.e. the effective interest
未來現金流量的現值差額計量。如果 rate computed at initial recognition of these assets). Receivables
折現影響並不重大，則短年期應收賬 with a short duration are not discounted if the effect of
項不予折現。 discounting is immaterial.
信貸損失準備總額包括兩個組成部 The total allowance for credit losses consists of two
份 ︰ 個別減值準備及綜合減值準備。 components: individual impairment allowances and collective
impairment allowances.
本集團首先評估客觀減值證據是否個 The Group first assesses whether objective evidence of
別存在於個別上重大的金融資產，及 impairment exists individually for financial assets that are
個別或整體存在於非個別上重大的金 individually significant, and individually or collectively for
融資產。如果本集團確定個別評估金 financial assets that are not individually significant. If the Group
融資產（不論是否重大）並無存在減值 determines that no objective evidence of impairment exists
的客觀證據，則本集團將有相同信貸 for an individually assessed financial asset, whether significant
風險特質的金融資產歸類，並作綜合 or not, it includes the asset in a group of financial assets with
減值評估。作個別減值評估的資產而 similar credit risk characteristics and collectively assesses
減值損失須持續確認，其減值損失不 them for impairment. Assets that are individually assessed for
會包括於綜合減值評估內。 impairment and for which an impairment loss is or continues
to be recognised are not included in a collective assessment of
impairment.
二零一六年報 077
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(l) 資產減值（續） (l) Impairment of assets (continued)
(i) 貸款及應收賬項（續） (i) Loans and receivables (continued)
個別減值準備是根據管理層的最佳估 The individual impairment allowance is based upon
計，以原本的實際利率折現預計收取 management’s best estimate of the present value of the cash
的現金流量的現值。在估計這些現金 flows which are expected to be received discounted at the
流量時，管理層須判斷有關借款人的 original effective interest rate. In estimating these cash flows,
財政狀況及任何向本集團提供的相關 management makes judgements about the borrower’s financial
抵押品或擔保的可變現淨值，並須評 situation and the net realisable value of any underlying collateral
估每宗減值資產的真正價值。 or guarantees in favour of the Group. Each impaired asset is
assessed on its own merits.
在評估綜合減值準備的需要時，管理 In assessing the need for collective impairment allowances,
層採用統計模式及考慮過往趨勢的因 management uses statistical modelling and considers
素包括信貸素質、組合規模、集中度 historical trends of factors such as credit quality, portfolio size,
及經濟因素。為了估計所需準備，本 concentrations and economic factors. In order to estimate
集團根據過往的經驗和現時的經濟情 the required allowance, the Group makes assumptions both
況去釐定潛在虧損及輸入變數。 to define the way the Group models inherent losses and to
determine the required input parameters, based on historical
experience and current economic conditions.
減值準備的準確性須視乎本集團能否 The accuracy of the impairment allowances the Group makes
在個別評估減值準備時準確估計未來 depends on how well the Group can estimate future cash
現金流量及在釐定綜合減值準備時所 flows for individually assessed impairment allowances, and
採用的推測模式及變數。雖然視乎判 the model assumptions and parameters used in determining
斷而定，本集團相信客戶貸款及墊款 collective impairment allowances. While this necessarily
減值準備是合理和足夠的。 involves judgement, the Group believes that the impairment
allowances on loans and advances to customers are reasonable
and supportable.
任何因估計未來現金流量的金額及時 Any subsequent changes to the amounts and timing of the
間上與先前估計的其後轉變，而該轉 expected future cash flows compared to the prior estimates that
變是可客觀地與減值後發生的事件有 can be linked objectively to an event occurring after the write-
關連，從而導致貸款及墊款減值準備 down, will result in a change in the impairment allowances on
亦需改變，該轉變會支銷或存入收益 loans and receivables and be charged or credited to the income
表。所回撥的減值虧損以在以往年度 statement. A reversal of impairment losses is limited to the
沒有確認任何減值虧損而應已釐定的 loans and receivables’ carrying amount that would have been
貸款及應收款賬面金額為限。 determined had no impairment loss been recognised in prior
years.
當再無實際機會收回貸款時，則貸款 When there is no reasonable prospect of recovery, the loan and
及相關應收利息將會沖銷。 the related interest receivables are written off.
附有可再議條款的貸款及應收賬項是 Loans and receivables with renegotiated terms are loans that
指由於借款人的財務狀況轉差而獲重 have been restructured due to deterioration in the borrower’s
新議定比一般情況寬鬆的還款條件的 financial position and where the Group has made concessions
貸款及應收賬項。有關部門會對重新 that it would not otherwise consider. Renegotiated loans and
議訂條例之貸款及應收賬項作出持續 receivables are subject to ongoing monitoring to determine
監察，以決定是否仍存有減值需要或 whether they remain impaired or past due.
逾期的狀況。
078 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(l) 資產減值（續） (l) Impairment of assets (continued)
(ii) 可供出售證券 (ii) Available-for-sale securities
當可供出售證券出現客觀證據顯示已 When there is objective evidence that an available-for-
減值時，已直接在投資重估儲備內確 sale security is impaired, the cumulative loss that had been
認的累計虧損會被轉入收益表內。在 recognised in the investment revaluation reserve is reclassified
收益表內確認的累計虧損金額是購入 to the income statement. The amount of the cumulative loss
成本（扣除任何本金還款及攤銷後）與 that is recognised in the income statement is the difference
現時公允價值之間的差額，再減該資 between the acquisition cost (net of any principal repayment
產以往在收益表內確認的任何減值虧 and amortisation) and current fair value, less any impairment
損。 loss on that asset previously recognised in the income
statement.
如果其後的公允價值增加是可客觀地 Impairment losses in respect of available-for-sale debt securities
與確認減值虧損後發生的事件有關 are reversed if the subsequent increase in fair value can be
連，則有關可供出售債務證券的減值 objectively related to an event occurring after the impairment
虧損會轉回。在這些情況下的減值虧 loss was recognised. Reversals of impairment losses in such
損轉回會在收益表內確認。 circumstances are recognised in the income statement.
就可供出售股份證券而言，當出現客 For available-for-sale equity securities, when there is objective
觀證據顯示有減值時，減值虧損是以 evidence be observed for an impairment, the impairment
股份證券的成本及減值資產的公允價 loss is measured as the difference between the cost of the
值差額計量。這些減值資產其後的所 equity securities and the fair value of the impaired asset. All
有公允價值增加列作重估及在其他全 subsequent increases in the fair value of the impaired asset are
面收益內確認，並分別累計於股東權 treated as a revaluation and recognised in other comprehensive
益內。此減值虧損將不能在收益表內 income and accumulated separately in equity, such impairment
轉回。 losses are not reversed through the income statement.
(iii) 非金融資產 (iii) Non-financial assets
本行在每一結算日檢討內部和外來的 Internal and external sources of information are reviewed at
資料，以確定下列資產有否出現減值 the end of each reporting period to identify indications that
跡象，或以往確認的減值虧損是否不 the following assets may be impaired or, an impairment loss
復存在或有否減少 ︰ previously recognised no longer exists or may have decreased:
－ 物業及設備（以重估數額列賬的 – property and equipment (other than properties carried at
物業除外） revalued amounts)
－ 附屬公司及聯營公司投資。 – investments in subsidiaries and associates.
二零一六年報 079
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(l) 資產減值（續） (l) Impairment of assets (continued)
(iii) 非金融資產（續） (iii) Non-financial assets (continued)
如果存在任何有關跡象，便會估計資 If any such indication exists, the asset’s recoverable amount is
產的可收回數額。 estimated.
－ 計算可收回數額 – Calculation of recoverable amount
資產可收回數額是公允價值減出 The recoverable amount of an asset is the greater of
售成本及使用值兩者中的較高 its fair value less costs of disposal and value in use. In
者。在評估使用值時，會採用一 assessing value in use, the estimated future cash flows
項當時市場評估貨幣的時間值及 are discounted to their present value using a pre-tax
相對於該資產的風險的稅前折扣 discount rate that reflects current market assessments of
率將預計未來現金流量折現為現 time value of money and the risks specific to the asset.
值。當某資產未能大部份地獨立 Where an asset does not generate cash inflows largely
於其他資產產生現金流量時，其 independent of those from other assets, the recoverable
可收回數額取決於可獨立地產生 amount is determined for the smallest group of assets
現金流量的最小資產組合（即一 that generates cash inflows independently (i.e. a cash-
個現金生產單位）。 generating unit).
－ 確認減值虧損 – Recognition of impairment losses
每當資產（或其所屬的現金生產 An impairment loss is recognised in the income
單位）的賬面值高於其可收回數 statement whenever the carrying amount of an asset, or
額時，便會在收益表內確認減值 the cash-generating unit to which it belongs, exceeds
虧損。就現金生產單位確認的減 its recoverable amount. Impairment losses recognised
值虧損先分配以減少任何分配至 in respect of cash-generating units are allocated first to
現金生產單位（或單位組別）的 reduce the carrying amount of any goodwill allocated
商譽的賬面值，然後按比例減少 to the cash-generating unit (or group of units), and then
單位（或單位組別）內其他資產 to reduce the carrying amount of the other assets in the
的賬面值，惟資產賬面值不會減 unit (or group of units) on a pro rata basis, except that
少至低於其個別公允價值減出售 the carrying value of an asset is not be reduced below its
成本（如可計量）或使用值（如可 individual fair value less costs of disposal (if measurable),
釐定）所得數額。 or value in use (if determinable).
－ 減值損失轉回 – Reversal of impairment losses
有關資產，如在用來釐定可收回 In respect of assets, an impairment loss (except for
金額的估計發生有利的變化，則 impairment on goodwill) is reversed if there has been a
減值損失（商譽的減值除外）會 favourable change in the estimates used to determine the
被轉回。 recoverable amount.
減值損失轉回只局限至該資產的 A reversal of impairment losses is limited to the asset’s
賬面值，猶如該等減值損失從未 carrying amount that would have been determined
在往年被確認。減值損失轉回在 had no impairment loss been recognised in prior years.
該被確認的年度計入收益表內。 Reversals of impairment losses are credited to the
income statement in the year in which the reversals are
recognised.
080 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(l) 資產減值（續） (l) Impairment of assets (continued)
(iv) 中期財務報告和減值 (iv) Interim financial reporting and impairment
本集團為年度首6個月編製符合《香港 The Group prepares an interim financial report in compliance
會計準則》第34號「中期財務報告」規 with HKAS 34, Interim financial reporting, in respect of the first
定的中期財務報告。本集團在中期期 six months of the year. At the end of the interim period, the
末採用了在本年度終結時會採用的相 Group applies the same impairment testing, recognition and
同減值測試、確認和轉回準則（參閱 reversal criteria as it would at the end of the year (see notes 2(l)(i)
附註2(l)(i)至(iii)）。 to (iii)).
(m) 現金等值項目 (m) Cash equivalents
現金等值項目包括短期以及流動性極高的投 Cash equivalents are short-term, highly liquid investments that are
資，可隨時兌換為已知的現金數額，而價值 readily convertible into known amounts of cash and which are subject
變動風險並不重大，並在購入後3個月內到 to an insignificant risk of changes in value, having been within three
期。 months of maturity at acquisition.
(n) 僱員福利 (n) Employee benefits
(i) 僱員福利及界定供款退休計劃供款 (i) Employee benefits and contributions to defined contribution
retirement plans
薪金、年度花紅、有薪年假、界定供 Salaries, annual bonuses, paid annual leave, contributions
款計劃供款及非貨幣性福利成本均列 to defined contribution plans and the cost of non-monetary
入僱員提供相關服務的年度。如果有 benefits are accrued in the year in which the associated services
關付款或結算受到遞延，而其影響將 are rendered by employees. Where payment or settlement is
十分重大，則這些金額將以現值列賬。 deferred and the effect would be material, these amounts are
stated at their present values.
(ii) 員工退休計劃 (ii) Staff retirement scheme
本集團設有一項界定供款公積金計劃 The Group operates a defined contribution provident fund and
及一項強制性公積金計劃。有關供款 a Mandatory Provident Fund scheme. Contributions are charged
在供款到期時計入收益表內。 to the income statement as and when the contributions fall
due.
(o) 所得稅 (o) Income tax
本年度所得稅包括本期稅項及遞延稅項資產 Income tax for the year comprises current tax and movements
和負債的變動。本期稅項及遞延稅項資產和 in deferred tax assets and liabilities. Current tax and movements
負債的變動在收益表內確認，除非與其他全 in deferred tax assets and liabilities are recognised in the income
面收益或權益項目有關之遞延稅項變動，則 statement except to the extent that they relate to items recognised
分別在其他全面收益或權益項內確認。 in other comprehensive income or directly in equity, in which case
the relevant amounts of tax are recognised in other comprehensive
income or directly in equity respectively.
本期稅項為本年度應課稅收入按結算日已頒 Current tax is the expected tax payable on the taxable income for the
佈或基本上已頒佈的稅率計算的預計應付稅 year, using tax rates enacted or substantively enacted at the end of
項，並已包括往年應付稅項的任何調整。 the reporting period, and any adjustment to tax payable in respect of
previous years.
二零一六年報 081
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(o) 所得稅（續） (o) Income tax (continued)
遞延稅項資產及負債是因納稅基礎計算的資 Deferred tax assets and liabilities arise from deductible and taxable
產及負債與其賬面值之間的差異而分別產生 temporary differences respectively, being the differences between
的可扣稅及應課稅的暫時性差異。遞延稅項 the carrying amounts of assets and liabilities for financial reporting
資產也包括尚未使用的稅項虧損及尚未使用 purposes and their tax bases. Deferred tax assets also arise from
的稅項抵免。 unused tax losses and unused tax credits.
除了某些有限的例外情況外，所有遞延稅項 Apart from certain limited exceptions, all deferred tax liabilities, and all
負債和所有遞延稅項資產（只限於可用來抵 deferred tax assets to the extent that it is probable that future taxable
銷日後應課稅溢利的部份）均予確認。可支 profits will be available against which the asset can be utilised, are
持確認可扣稅暫時性差異所產生的遞延稅項 recognised. Future taxable profits that may support the recognition
資產的日後應課稅溢利包括因回撥現有應課 of deferred tax assets arising from deductible temporary differences
稅暫時性差異所產生者，惟該等差異必須與 include those that will arise from the reversal of existing taxable
同一稅務機關及同一應課稅實體有關，並預 temporary differences, provided those differences relate to the same
期會在預期回撥可扣稅暫時性差異的同一期 taxation authority and the same taxable entity, and are expected
間或遞延稅項資產所產生的稅務虧損可向後 to reverse either in the same period as the expected reversal of the
期或前期結轉的期間內回撥。在釐定現有應 deductible temporary difference or in periods into which a tax loss
課稅暫時性差異是否支持確認未使用稅務虧 arising from the deferred tax asset can be carried back or forward. The
損及抵免所產生的遞延稅項資產時，會採用 same criteria are adopted when determining whether existing taxable
同一準則，即如果差異與同一稅務機關及同 temporary differences support the recognition of deferred tax assets
一應課稅實體有關，便會計算在內，並預期 arising from unused tax losses and credits; that is, those differences
會在可動用稅務虧損或抵免的期間內回撥。 are taken into account if they relate to the same taxation authority
and the same taxable entity, and are expected to reverse in a period,
or periods, in which the tax loss or credit can be utilised.
根據會計政策附註2(h)，按公允價值列賬的 Where investment properties are carried at their fair value in
投資物業於報告期內出售，遞延稅項會被確 accordance with the accounting policy set out in note 2(h), the
認及按照稅率計算該等投資物業的賬面值， amount of deferred tax recognised is measured using the tax rates
除非該投資物業是可供折舊和其商業模式目 that would apply on sale of those assets at their carrying value at the
的是消耗幾乎所有投資物業的經濟利益，而 reporting date unless the property is depreciable and is held within
不是出售財產。在所有其他情況下，另遞延 a business model whose objective is to consume substantially all of
稅項是以有關資產及負債賬面值的預期實現 the economic benefits embodied in the property over time, rather
或結算金額，按結算日已頒佈或基本上已頒 than through sale. In all other cases, the amount of deferred tax
佈的稅率確認。遞延稅項資產及負債不予折 recognised is measured based on the expected manner of realisation
現。 or settlement of the carrying amount of the assets and liabilities, using
tax rates enacted or substantively enacted at the end of the reporting
period. Deferred tax assets and liabilities are not discounted.
於每一結算日，本行將檢討有關的遞延稅項 The carrying amount of a deferred tax asset is reviewed at the end of
資產的賬面值，對不再有足夠的應課稅溢利 each reporting period and is reduced to the extent that it is no longer
以實現相關稅務利益的部份予以扣減。被扣 probable that sufficient taxable profit will be available to allow the
減的遞延稅項資產若於將來出現足夠的應課 related tax benefit to be utilised. Any such reduction is reversed to the
稅溢利時，應予回撥。 extent that it becomes probable that sufficient taxable profit will be
available.
082 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(o) 所得稅（續） (o) Income tax (continued)
除非集團有權力回撥遞延稅項負債之臨時差 Deferred income tax liabilities are provided on taxable temporary
額及有很大可能有關臨時差額會於可預期之 differences arising from investment in subsidiaries, except for
未來回撥，否則源於投資於附屬公司的應課 deferred income tax liability where the timing of the reversal of the
稅臨時差額需確認為遞延稅項負債。因源於 temporary difference is controlled by the Group and it is probable
投資於附屬公司所產生的可扣稅之臨時差額 that the temporary difference will not reverse in the foreseeable
則只有很大可能在未來回撥有關臨時差額及 future. Deferred income tax assets are recognised on the deductible
有足夠應課稅溢利可用作抵銷臨時差額的情 temporary differences arising from investments in subsidiaries, only to
況下確認遞延稅項資產。 the extent that it is probable the temporary difference will reverse in
the future and there is sufficient taxable profit available against which
the temporary difference can be utilised.
因派發股息而產生的額外所得稅在確認支付 Additional income tax that arises from the distribution of dividends
有關股息的責任時確認。 is recognised when the liability to pay the related dividends is
recognised.
本期稅項及遞延稅項結餘和其變動會分開列 Current tax balances and deferred tax balances, and movements
示，而且不予抵銷。當本集團有合法權利並 therein, are presented separately from each other and are not offset.
符合以下附帶條件的情況下，本期和遞延稅 Current tax assets are offset against current tax liabilities, and deferred
項資產才可分別抵銷本期和遞延稅項負債： tax assets against deferred tax liabilities if, and only if, the Group
has the legally enforceable right to set off current tax assets against
current tax liabilities and the following additional conditions are met:
－ 本期稅項資產和負債：本集團計劃按 – in the case of current tax assets and liabilities, the Group intends
淨額基準結算，或在實現資產的同時 either to settle on a net basis, or to realise the asset and settle
清償負債；或 the liability simultaneously; or
－ 遞延稅項資產和負債：這些資產和負 – in the case of deferred tax assets and liabilities, if they relate to
債必須與同一稅務機關就以下其中一 income taxes levied by the same taxation authority on either:
項徵收的所得稅有關：
－ 同一應課稅實體；或 – the same taxable entity; or
－ 不同的應課稅實體。這些實體計 – different taxable entities, which, in each future period
劃在預期有大額遞延稅項負債需 in which significant amounts of deferred tax liabilities
要清償或遞延稅項資產可以收回 or assets are expected to be settled or recovered,
的每一未來期間，按淨額基準實 intend to realise the current tax assets and settle the
現本期稅項資產和清償本期稅項 current tax liabilities on a net basis or realise and settle
負債，或在實現資產的同時清償 simultaneously.
負債。
二零一六年報 083
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(p) 外幣換算 (p) Translation of foreign currencies
(i) 運作貨幣及呈列貨幣 (i) Functional and presentation currency
包括在每一個集團個體的財務報表的 Items included in the financial statements of each of the
項 目， 都 以 該 個 營 運 地 區 主 要 經 濟 Group’s entities are measured using the currency of the primary
體 系 所 採 用 之 貨 幣 來 計 量（「運 作 貨 economic environment in which the entity operates (‘the
幣」）。本綜合財務報表乃以港幣千元 functional currency’). The consolidated financial statements are
呈列，而港幣乃本銀行之運作貨幣及 presented in thousands of units of Hong Kong Dollars (HK$’000),
本集團之呈列貨幣。 which is the Bank’s functional currency and the Group’s
presentation currency.
(ii) 交易及結餘 (ii) Transactions and balances
本年度內的外幣交易按交易日的匯率 Foreign currency transactions during the year are translated
換算為港幣。以外幣計算的貨幣資產 into functional currency at the exchange rates ruling at the
與負債則按結算日的匯率換算為港 transaction dates. Monetary assets and liabilities denominated
幣。匯兌盈虧均在收益表確認。 in foreign currencies are translated into Hong Kong dollars at
the exchange rates ruling at the end of the reporting period.
Exchange gains and losses are recognised in the income
statement.
以歷史成本計量的外幣非貨幣資產與 Non-monetary assets and liabilities that are measured in terms
負債是按交易日的外幣匯率換算為港 of historical cost in a foreign currency are translated into
幣。以外幣為單位並以公允價值列賬 Hong Kong dollars using the foreign exchange rates ruling
的非貨幣資產與負債按計量公允價值 at the transaction dates. Non-monetary assets and liabilities
當日的外幣匯率換算。 denominated in foreign currencies that are stated at fair value
are translated using the foreign exchange rates ruling at the
dates the fair value was measured.
有關通過損益以反映公允價值的投資 Exchange differences relating to investments at fair value
及衍生金融工具的匯兌差額，計入指 through profit or loss and derivative financial instruments are
定為通過損益以反映公允價值的交易 included in gains less losses from trading securities or financial
用途證券或金融工具的收益減虧損 instruments designated at fair value through profit or loss. All
中。所有其他有關貨幣項目的匯兌差 other exchange differences relating to monetary items are
額在收益表外幣買賣淨盈虧項下列 presented as gains less losses from dealing in foreign currencies
示。因折算可供出售權益工具而產生 in the income statement. Differences arising on the translation
的差額則於其他全面收益內確認，並 of available-for-sale equity instruments are recognised in other
分別累計在權益之投資重估儲備內。 comprehensive income and accumulated separately in equity
in the investment revaluation reserve.
海外企業的業績按交易日的匯率換算 The results of foreign operations are translated into Hong
為港幣。財務狀況表項目則按結算日 Kong dollars at the exchange rates approximating the
的匯率換算。所產生的匯兌差額在其 foreign exchange rates ruling at the dates of the transactions.
他全面收益內確認，並分別累計在權 Statements of financial position items are translated into Hong
益之匯兌儲備內。 Kong dollars at the foreign exchange rates ruling at the end of
the reporting period. The resulting exchange differences are
recognised in other comprehensive income and accumulated
separately in equity in the exchange reserve.
當出售海外企業的出售收益或虧損確 On disposal of a foreign operation, the cumulative amount of
認時，與該海外業務相關的累計匯兌 the exchange differences relating to that foreign operation
差額由權益重新分類而轉入收益表。 is reclassified from equity to the income statement when the
profit or loss on disposal is recognised.
084 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(q) 財務擔保簽發、準備及或有負債 (q) Financial guarantees issued, provisions and contingent liabilities
(i) 財務擔保簽發 (i) Financial guarantees issued
財務擔保合約是指當某一指定債務人 Financial guarantees are contracts that require the issuer (i.e.
不能根據債務工具的條款支付到期債 the guarantor) to make specified payments to reimburse the
務，發行人（即擔保人）須向擔保受益 beneficiary of the guarantee (the holder) for a loss the holder
人（持保人）償付有關款項。 incurs because a specified debtor fails to make payment when
due in accordance with the terms of a debt instrument.
本集團簽發給客戶之財務擔保，初始 Where the Group issues a financial guarantee to customers,
時按擔保之公允價值確認為遞延收 the fair value of the guarantee is initially recognised as deferred
入，列入「其他負債」項下。已簽發的 income within other liabilities. The fair value of financial
財務擔保在簽發時之公允價值，如可 guarantees issued at the time of issuance is determined by
獲取有關資料，則參照類同服務在正 reference to fees charged in an arm’s length transaction for
常交易中所收取的服務費以釐定；否 similar services when such information is obtainable, or is
則，則參照貸方提供擔保時的實際利 otherwise estimated by reference to interest rate differentials
率與未提供擔保時貸方估計的利率相 by comparing the actual rates charged by lenders when the
比較所得的利率差以作出估計，而在 guarantee is made available with the estimated rates that
該情況下對此資料作出合理估計。本 lenders would have charged had the guarantees not been
行簽發給子公司之財務擔保，則估計 available, where reliable estimates of such information can
其擔保之公允價值，分別資本化於附 be made. Where the Bank issues a financial guarantee to its
屬公司投資成本，及「其他負債」項下 subsidiaries, the fair value of the guarantee is estimated and
之遞延收入內。 capitalised as the cost of investment in subsidiaries and deferred
income within other liabilities.
遞延收入按擔保期限於收益表內攤 The deferred income is amortised in the income statement over
銷， 確 認 為 財 務 擔 保 簽 發 收 入。 此 the term of the guarantee as income from financial guarantees
外，如當(a)擔保持保人很可能就擔保 issued. In addition, provisions are recognised in accordance with
合約向本集團追索；及(b)向本集團追 note 2(q)(ii) if and when (a) it becomes probable that the holder
索的金額預計超過現行就該擔保列入 of the guarantee will call upon the Group under the guarantee,
「其他負債」的金額，即初始確認金額 and (b) the amount of that claim on the Group is expected
減累計攤銷，會根據附註2(q)(ii)確認準 to exceed the amount currently carried in other liabilities in
備。 respect of that guarantee, i.e. the amount initially recognised,
less accumulated amortisation.
(ii) 其他準備及或有負債 (ii) Other provisions and contingent liabilities
倘若本集團或本行須就已發生的事件 Provisions are recognised for liabilities of uncertain timing or
承擔法律或推定義務，而履行該義務 amount when the Group or the Bank has a legal or constructive
預期很可能會導致經濟效益外流，並 obligation arising as a result of a past event. It is probable that
可作出可靠的估計，便會就該時間或 an outflow of economic benefits will be required to settle the
數額不定的負債計提準備。如果貨幣 obligation and a reliable estimate can be made. Where the time
時間價值重大，則按預計履行義務支 value of money is material, provisions are stated at the present
出的現值計列準備。 value of the expenditure expected to settle the obligation.
倘若經濟效益外流的可能性不大，或 Where it is not probable that an outflow of economic benefits
是無法對有關數額作出可靠的估計， will be required or the amount cannot be estimated reliably,
便會將該義務披露為或有負債；但倘 the obligation is disclosed as a contingent liability, unless the
若經濟效益外流的可能性極低則除 probability of outflow of economic benefits is remote. Possible
外。須視乎某宗或多宗未來事件是否 obligations, whose existence will only be confirmed by the
發生而確定存在與否的潛在義務，亦 occurrence or non-occurrence of one or more future events, are
會披露為或有負債；但倘若經濟效益 also disclosed as contingent liabilities unless the probability of
外流的可能性極低則除外。 outflow of economic benefits is remote.
二零一六年報 085
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(r) 關聯方 (r) Related parties
(a) 個人，或與該個人關係密切的家庭成 (a) A person, or a close member of that person’s family, is related to
員與本集團相關聯，如果該個人： the Group if that person:
(i) 控制或共同控制本集團； (i) has control or joint control over the Group
(ii) 對本集團具有重大影響；或 (ii) has significant influence over the Group; or
(iii) 是本集團或本集團母公司管理人 (iii) is a member of the key management personnel of the
員的成員。 Group or the Group’s parent.
(b) 如果符合以下條件，則某實體與本集 (b) An entity is related to the Group if any of the following
團相關聯： conditions applies:
(i) 該實體與本集團受同一母公司 (i) The entity and the Group are members of the same group
控制（這意味著任何一方的母公 (which means that each parent, subsidiary and fellow
司、附屬公司以及同級附屬公司 subsidiary is related to the others)
都與另一方相關聯）；
(ii) 某一實體是另一實體的聯營公司 (ii) One entity is an associate or joint venture of the other
或共同控制公司（或是另一實體 entity (or an associate or joint venture of a member of a
所屬集團的一個成員的聯營公司 group of which the other entity is a member)
或共同控制公司）；
(iii) 兩家實體都是相同第三方的共同 (iii) Both entities are joint ventures of the same third party
控制公司；
(iv) 某一實體是第三方的共同控制公 (iv) One entity is a joint venture of a third entity and the other
司並且另一實體是該第三方的聯 entity is an associate of the third entity
營公司；
(v) 該實體是為本集團或與本集團關 (v) The entity is a post-employment benefit plan for the
聯的實體的僱員福利而設的離職 benefit of employees of either the Group or an entity
後福利計劃； related to the Group
(vi) 該實體受(a)項所述個人的控制或 (vi) The entity is controlled or jointly controlled by a person
共同控制； identified in (a)
(vii) (a)(i)項所述的個人對該實體實施 (vii) A person identified in (a)(i) has significant influence
重大影響或是該實體（或其母公 over the entity or is a member of the key management
司）的關鍵管理人員的成員； personnel of the entity (or of a parent of the entity).
(viii) 該實體或是其集團中一部份之任 (viii) The entity, or any member of a group of which it is a part,
何成員而提供主要管理人員服務 provides key management personnel services to the
予本集團或本集團之母公司。 Group or to the Group’s parent.
與個人關係密切的家庭成員是指在他們與實 Close members of the family of a person are those family members
體交易中可影響，或受該個人影響的家庭成 who may be expected to influence, or be influenced by that person in
員。 their dealings with the entity.
086 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(s) 持有作出售的非流動資產 (s) Non-current assets held for sale
如一項非流動資產（或出售組合）的賬面值 A non-current asset (or disposal group) is classified as held for sale if it
很有可能透過出售交易而非透過持續使用收 is highly probable that its carrying amount will be recovered through
回，並且該非流動資產（或出售組合）能按 a sale transaction rather than through continuing use, and the asset (or
現況出售，則可被分類為持有作出售。出售 disposal group) is available for sale in its present condition. A disposal
組合是指一組資產於單一交易中一併售出， group is a group of assets to be disposed of together as a group in a
而直接與該等資產相關的負債將於交易中轉 single transaction, and liabilities directly associated with those assets
移。 that will be transferred in the transaction.
當本集團進行一項出售計劃而該計劃牽涉失 When the Group is committed to a sales plan involving loss of control
去一間附屬公司之控制權時，當附合上述可 of a subsidiary, all the assets and liabilities of that subsidiary are
被分類為持有作出售條件，該附屬公司之所 classified as held for sale when the above criteria for classification as
有資產與負債應分類為持作出售，而不論本 held for sale are met, regardless of whether the Group will retain a
集團於出售後是否保留附屬公司之非控股權 non-controlling interest in the subsidiary after the sale.
益。
在分類為持有作出售類別前，非流動資產 Immediately before classification as held for sale, the measurement
（及在出售組合中所有個別的資產及負債） of the non-current assets (and all individual assets and liabilities
的計量按重新分類前適用的會計政策作出 in a disposal group) is brought up to date in accordance with
更新。非流動資產（以下所述之若干資產除 the accounting policies before the classification. Then, on initial
外）或出售組合在初始分類為持有作出售類 classification as held for sale, and until disposal, the non-current
別至售出期間，會以其賬面值及公允價值減 assets (except for certain assets as explained below) or disposal
銷售成本的較低者列賬。在本集團及本行財 groups are recognised at the lower of their carrying amount and fair
務報表中沒有使用此計量政策的主要項目包 value less costs to sell. The principal exceptions to this measurement
括遞延稅項資產、因僱員福利所產生的金融 policy so far as the financial statements of the Group and the Bank
資產（於附屬公司、聯營公司及共同控制公 are concerned are deferred tax assets, assets arising from employee
司的投資除外）及投資物業。這些資產即使 benefits, financial assets (other than investments in subsidiaries,
持有作出售，亦會繼續按附註2其他部份所 associates and joint ventures) and investment properties. These assets,
載的政策計量。 even if held for sale, would continue to be measured in accordance
with the policies set out elsewhere in note 2.
持有作出售資產因初始分類或以後的重新計 Impairment losses on initial classification as held for sale and on
量而產生的減值虧損於收益表內確認。只要 subsequent remeasurement while held for sale, are recognised in the
分類為持有作出售或包括於出售組合的非流 income statement. As long as a non-current asset is classified as held
動資產則不會計算折舊或攤銷。 for sale, or is included in a disposal group that is classified as held for
sale, the non-current asset is not depreciated or amortised.
二零一六年報 087
Annual Report 2016
財務報表附註 Notes to the Financial Statements
2 主要會計政策（續） 2 Significant accounting policies (continued)
(t) 分部報告 (t) Segment reporting
於財務報表中呈列的經營分部及各分部項目 Operating segments, and the amounts of each segment item
金額，是根據定期提供予本集團管理委員會 reported in the financial statements, are identified from the financial
用於資源分配，以及評核本集團各業務部份 information provided regularly to the Group’s management
及區域所在地表現的財務資料辨識出來。 committee members for the purposes of allocating resources to, and
assessing the performance of, the Group’s various lines of business
and geographical locations.
除非分部的經濟特性、在產品和服務性質、 Individually material operating segments are not aggregated for
生產程序性質、客戶類別和等級、銷售產 financial reporting purposes unless the segments have similar
品和提供服務的方法、及監管環境的性質相 economic characteristics and are similar in respect of the nature of
近，個別重大的經營分部不會在財務報表內 products and services, the nature of production processes, the type
合計。如它們擁有以上大部份的標準，並且 or class of customers, the methods used to distribute the products or
個別上不重大，則可能會被合計。 provide the services, and the nature of the regulatory environment.
Operating segments which are not individually material may be
aggregated if they share a majority of these criteria.
3 會計政策的修訂 3 Changes in accounting policies
(a) 本集團採納新訂和修訂的會計準則 (a) New and amended accounting standards adopted by the Group
香港會計師公會頒佈了數項香港財務報告準 The HKICPA has issued several amendments to HKFRSs that are first
則的修改，這些改變於財政年度2016年1月 effective for the financial year beginning on or after 1 January 2016:
開始或以後首次生效：
－ 收購合營業務權益之會計處理 － 經修 – Accounting for acquisition of interests in joint operations –
訂《香港財務報告準則》第11號 Amendments to HKFRS 11
－ 釐訂可接受的折舊和攤銷方法 － 經修 – Clarification of acceptable methods of depreciation and
訂《香港會計準則》第16號及《香港會 amortisation – Amendments to HKAS 16 and HKAS 38
計準則》第38號
－ 年度改進《香港財務報告準則》2012年 – Annual improvements to HKFRSs 2012-2014 cycle, and
至2014年週期，及
－ 披 露 計 劃 － 經 修 訂《香 港 會 計 準 則》 – Disclosure initiative – amendments to HKAS 1.
第1號
以上在本集團當前會計期間生效的《香港財 Amendments to HKFRSs or HKASs as stated above effective for the
務報告準則》或《香港會計準則》的修訂， current accounting period of the Group do not have a material impact
對本集團並無重大影響。 on the Group.
本集團並無採用任何在當前會計期間尚未生 The Group has not applied any new standards or interpretations not
效的新準則或詮釋。 yet effective for the current accounting period.
088 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
3 會計政策的修訂（續） 3 Changes in accounting policies (continued)
(b) 未來會計準則發展，但於截至2016年12月 (b) Future accounting development but not effective for the year
31日止年度尚未實施 ended 31 December 2016
截至本財務報表刊發日，香港會計師公會已 Up to the date of issue of these financial statements, the HKICPA
頒佈多項修訂、新準則和詮釋，但這些修 has issued a few amendments and new standards which are not yet
訂、新準則和詮釋在截至2016年12月31日止 effective for the year ended 31 December 2016 and which have not
年度尚未實施，亦沒有在本綜合財務報表內 been adopted in the consolidated financial statements. These include
採納。與本集團相關的修訂和準則如下： the following which may be relevant to the Group:
由會計期開始
或以後起生效
Effective for
accounting periods
beginning on or after
－ 《香港財務報告準則》第9號「金融工具」 – HKFRS 9, ‘Financial instruments’ 2018年1月1日
1 January 2018
－ 《香港財務報告準則》第15號「與客戶之間 – HKFRS 15, ‘Revenue from contracts with customers’ 2018年1月1日
的合同產生的收入」 1 January 2018
－ 《香港財務報告準則》第16號「租賃」 – HKFRS 16, ‘Leases’ 2019年1月1日
1 January 2019
《香港財務報告準則》第9號「金融工具」 HKFRS 9, ‘Financial instruments’
於2014年9月，香港會計師公會頒佈《香港 In September 2014, the HKICPA issued the final HKFRS 9, Financial
財務報告準則》第9號「金融工具」終定本， Instruments, which is the comprehensive standards to replace HKAS
此為全面的準則及取代《香港會計準則》第 39, Financial Instruments: Recognition and Measurement (“HKAS
39號「金融工具：確認及計量」，並包括金 39”), and includes requirements for classification and measurement
融資產及負債之分類及計量、金融資產減值 of financial assets and liabilities, impairment of financial assets and
及對沖會計的規定。 hedge accounting.
金融資產的分類及計量將取決於管理實體的 The classification and measurement of financial assets will depend
業務模式及其合約現金流特性，將金融資產 on the entity’s business model for their management and their
歸類為攤銷成本、公平價值計入其他全面收 contractual cash flow characteristics and result in financial assets
益表或按公允價值計入收益表。金融負債的 being classified and measured at amortised cost, fair value through
分類大致維持不變，惟按牽涉實體本身信貸 other comprehensive income (“FVOCI”) or fair value through profit or
風險變動引致公允價值損益的負債，將納入 loss. The classification of financial liabilities is essentially unchanged,
其他全面收益。 except that, for certain liabilities measured at fair value, gains or losses
relating to changes in the entity’s own credit risk are to be included in
other comprehensive income.
減值規定適用於按攤銷成本計量及按公允價 The impairment requirements apply to financial assets measured
值計入其他全面收益的金融資產、租賃應 at amortised cost and FVOCI, lease receivables, certain loan
收賬款、貸款承諾及金融擔保合約。於初 commitments and financial guarantee contracts. At initial recognition,
步確認該金融資產時，須對可能於未來12個 allowance (or provision in the case of commitments and guarantees)
月內發生的違約事件所產生的預期信貸損 is required for expected credit losses (“ECL”) resulting from default
失（「12個月預期信貸損失」）作出準備（或 events that are possible within the next 12 months (“12 month ECL”).
為承諾及擔保之撥備）。倘若有關金融工具 In the event of a significant increase in credit risk, allowance (or
之信貸風險大幅上升，對其預期年限內所有 provision) is required for ECL resulting from all possible default events
可能發生的違約事件而產生的預期貸款損失 over the expected life of the financial instrument (“lifetime ECL”).
（「預期年限貸款損失」）作出準備（或撥備）。
二零一六年報 089
Annual Report 2016
財務報表附註 Notes to the Financial Statements
3 會計政策的修訂（續） 3 Changes in accounting policies (continued)
(b) 未來會計準則發展，但於截至2016年12月 (b) Future accounting development but not effective for the year
31日止年度尚未實施（續） ended 31 December 2016 (continued)
《香港財務報告準則》第9號「金融工具」（續） HKFRS 9, ‘Financial instruments’ (continued)
自首次確認入賬後，每個業績報告期均須考 The assessment of whether credit risk has increased significantly
慮金融工具餘下年限內發生違約的或然率以 since initial recognition is performed for each reporting period by
評估信貸風險是否大幅上升，而非考慮預期 considering the probability of default occurring over the remaining
信貸損失的增加。因此，《香港財務報告準 life of the financial instrument, rather than by considering an
則》第9號「金融工具」對減值之確認及計量 increase in ECL. As a result of the final HKFRS 9, the recognition and
較《香港會計準則》第39號具備較大前瞻性。 measurement of impairment is intended to be more forward-looking
than under HKAS 39.
一般對沖會計法之規定旨在簡化對沖會計 The general hedge accounting requirements aim to simplify hedge
法，加強其與風險管理策略之聯繫，並允許 accounting, creating a stronger link between it and risk management
前者可更廣泛應用於對沖工具及風險。此項 strategy and permitting the former to be applied to a greater
準則並無明確處理宏觀對沖會計策略，宏觀 variety of hedging instruments and risks. The standard does not
對沖會計策略會在其他項目中予以個別處 explicitly address macro hedge accounting strategies, which are
理。為消除現有宏觀對沖會計慣例與新訂一 being considered in a separate project. To remove the risk of any
般對沖會計規定之間出現任何衝突的風險， conflict between existing macro hedge accounting practice and the
《香港財務報告準則》第9號包括一項會計政 new general hedge accounting requirements, HKFRS 9 includes an
策上的選擇，即可以沿用《香港會計準則》 accounting policy choice to remain with HKAS 39 hedge accounting.
第39號的對沖會計法。
分類、計量及減值之規定於開始實施當日透 The classification and measurement and impairment requirements are
過調整期初資產負債表之結餘並追溯應用， applied retrospectively by adjusting the opening balance sheet at the
且毋須重列比較期間的資料。截至目前之 date of initial application, with no requirement to restate comparative
分析，本集團預計將繼續選擇採用《香港會 periods. For hedge accounting, based on the analysis performed to
計準則》第39號對沖會計法，現無意計劃修 date, the Group expects to exercise the accounting policy choice to
改。惟基於《香港財務報告準則》第7號「金 continue HKAS 39 hedge accounting and therefore is not currently
融工具披露」之要求，本集團將採納已修訂 planning to change hedge accounting, although it will implement
之對沖會計披露方法。 the revised hedge accounting disclosure required by the related
amendments to HKFRS 7 “Financial Instruments: Disclosures”.
該準則須於2018年1月1日全面應用，但按公 The mandatory application date for the standard as a whole is
允價值計量的若干負債可於較早日期以經修 1 January 2018, but it is possible to apply the revised presentation
訂的方式呈列。本集團現正評估《香港財務 for certain liabilities measured at fair value at an earlier date. The
報告準則》第9號對其財務報表之潛在影響 Group is currently assessing the potential impact of HKFRS 9 on the
及在實際可行的情況下提供可靠的估計。 financial statements and intends to provide reliable estimates once it is
practicable.
090 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
3 會計政策的修訂（續） 3 Changes in accounting policies (continued)
(b) 未來會計準則發展，但於截至2016年12月 (b) Future accounting development but not effective for the year
31日止年度尚未實施（續） ended 31 December 2016 (continued)
《香港財務報告準則》第15號「與客戶之間的 HKFRS 15, ‘Revenue from contracts with customers’
合同產生的收入」
香港會計師公會就收入確認頒佈了一項新準 The HKICPA has issued a new standard for the recognition of revenue.
則，用以取替《香港會計準則》第18號涵蓋 This will replace HKAS 18 which covers contracts for goods and
貨物及服務合同及《香港會計準則》第11號 services and HKAS 11 which covers construction contracts. The new
涵蓋建造合同。新準則是根據原則，當客戶 standard is based on the principle that revenue is recognised when
取得貨物或服務的控制權時，才確認收入。 control of good or service transfers to a customer. The Standard
該準則准許在採納時選用全面追溯應用或修 permits either a full retrospective or a modified retrospective
訂追溯應用。 approach for the adoption.
現階段，本集團正對其財務影響進行更多的 At this stage, the Group is in process to make more detailed
詳細評估及預計新準則應用後，對本集團的 assessments of the financial impact and expects that the standard
綜合財務報表並無重大影響。 will not have significant impact, when applied, on the consolidated
financial statements of the Group.
《香港財務報告準則》第15號必須在2018年1 HKFRS 15 is mandatory for financial years commencing on or after
月1日或之後開始的財政年度採納，目前， 1 January 2018. At this stage, the Group does not intend to adopt the
本集團預計不會在生效日期前採納此準則。 standard before its effective date.
《香港財務報告準則》第16號「租賃」 HKFRS 16, ‘Leases’
《香港財務報告準則》第16號「租賃」將導致 HKFRS 16 will result in almost all lease being recognised on the
差不多所有租賃在資產負債表內確認，經營 balance sheet, as the distinction between operating and finance lease
租賃與融資租賃的劃分已被刪除。根據該新 is removed. Under the new standard, an asset (the right to use the
準則，資產（該租賃項目的使用權）與支付 leased item) and a financial liability to pay rentals are recognised. The
租金的金融負債被確認。唯一例外者為短期 only exemptions are short-term leases and leases of low-value assets.
租賃和低價值資產租賃。
對出租人的會計處理將不會有重大改變。 The accounting for lessors will not significantly change.
此準則將主要影響集團經營租賃的會計處 The standard will affect primarily the accounting for the Group’s
理。然而，本集團仍未釐定該等承擔將導致 operating leases. However, the Group has not yet determined to what
資產和負債就未來付款確認的程度，以及將 extent these commitments will result in the recognition of an asset
如何影響集團的利潤和現金流量分類。 and a liability for future payments and how this will affect the Group’s
profit and classification of cash flows.
若干承擔或會由豁免的短期租賃和低價值租 Some of the commitments may be covered by the exemptions
賃所涵蓋，同時根據《香港財務報告準則》 for short-term leases and leases of low-value leases and some
第16號，部份承擔可能不符合租賃的定義。 commitments may relate to arrangements that will not qualify as
leases under HKFRS 16.
此新準則必須在2019年1月1日或之後開始的 The new standard is mandatory for financial year commencing on
財政年度採納。目前，本集團預計不會在生 or after 1 January 2019. At this stage, the Group does not intend to
效日期前採納此準則。 adopt the standard before its effective date.
此外，並沒有其他尚未生效的香港財務報告 There are no other HKFRSs or HK (IFRIC) interpretations that are not
準則或香港會計準則的解釋預期將會對本集 yet effective that would be expected to have a material impact on the
團產生重大影響。 Group.
二零一六年報 091
Annual Report 2016
財務報表附註 Notes to the Financial Statements
4 利息收入及利息支出 4 Interest income and interest expense
(a) 利息收入 (a) Interest income
2016
港幣千元 港幣千元
HK$’000 HK$’000
上市證券 Listed securities 327,449 209,114
非上市證券 Unlisted securities 613,429 481,089
在銀行及其他金融機構的 Balances and placements with banks and
結存及存款 other financial institutions 385,991 748,931
墊款及其他（附註） Advances and other accounts (Note) 5,734,659 5,129,734
非按公允價值計入損益的 Interest income on financial assets that are not
金融資產的利息收入 at fair value through profit or loss 7,061,528 6,568,868
(b) 利息支出 (b) Interest expense
2016
港幣千元 港幣千元
HK$’000 HK$’000
客戶、銀行及其他金融機構的 Deposits from customers, banks and
存款及其他 other financial institutions and others 2,252,360 2,496,671
已發行存款證 Certificates of deposit issued 176,278 148,579
已發行債務資本 Loan capital issued 504,064 503,309
非按公允價值計入損益的 Interest expense on financial liabilities that
金融負債的利息支出 are not at fair value through profit or loss 2,932,702 3,148,559
附註 ︰ Note:
截至2016年12月31日止年度，利息收入包括減值 Included in the above is interest income on impaired financial assets of
金融資產的應計利息收入港幣42,133,000元（2015 HK$42,133,000 (2015: HK$19,435,000), which includes interest income on the
年：港幣19,435,000元），其中已包括貸款減值虧 unwinding of the discount on loan impairment losses of HK$28,404,000 (2015:
損 折 現 撥 回 的 利 息 收 入 港 幣28,404,000元（2015 HK$12,575,000) (note 19(b)) for the year ended 31 December 2016.
年 ︰ 港幣12,575,000元）（附註19(b)）。
092 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
5 淨費用及佣金收入 5 Net fee and commission income
2016
港幣千元 港幣千元
HK$’000 HK$’000
費用及佣金收入： Fee and commission income:
票據業務佣金 Bills commission 117,530 116,360
信用卡相關收入 Card-related income 28,807 31,172
一般銀行服務 General banking services 126,747 118,286
保險 Insurance 542,598 314,895
投資及結構性投資產品 Investment and structured investment products 94,600 150,913
貸款、透支及融資費用 Loans, overdrafts and facilities fees 660,355 391,955
其他 Others 712
1,571,349 1,124,194
費用及佣金支出 Fee and commission expense (75,114) (55,779)
1,496,235 1,068,415
其中： Of which:
淨費用及佣金收入（不包括 Net fee and commission income (other than the
用作計算實際利率的金額）， amounts included in determining the effective
關於並非按公允價值計入 interest rate) relating to financial assets and
損益賬的金融資產及負債： liabilities not at fair value through profit or loss:
－費用及佣金收入 – Fee and commission income 806,692 539,487
－費用及佣金支出 – Fee and commission expense (21,584) (16,898)
785,108 522,589
6 淨交易收入 6 Net trading income
2016
港幣千元 港幣千元
HK$’000 HK$’000
買賣外幣收益減虧損 Gains less losses from dealing in foreign currencies 441,529 1,106,972
買賣交易用途證券收益減虧損 Gains less losses from trading securities 11,748 6,868
買賣衍生工具收益減虧損 Gains less losses from derivatives (17,493) (70,911)
交易用途資產利息收入 Interest income on trading assets 181,746 188,618
617,530 1,231,547
二零一六年報 093
Annual Report 2016
財務報表附註 Notes to the Financial Statements
7 淨對沖收益 7 Net hedging gain
2016
港幣千元 港幣千元
HK$’000 HK$’000
公允價值對沖淨（虧損）╱收益 Net hedging (loss)/gain on fair value hedges
－歸屬對沖風險的對沖項目 – Net gain on hedged items attributable to 40,836 27,141
淨收益 the hedged risk
－對沖工具淨虧損 – Net loss on hedging instruments (40,872) (26,142)
(36)
現金流量對沖淨收益 Net hedging gain on cash flow hedges 162 –
126
8 出售可供出售證券淨收益 8 Net gain on disposal of available-for-sale securities
2016
港幣千元 港幣千元
HK$’000 HK$’000
由儲備轉撥的淨重估收益 Net revaluation gain transferred from reserves 121,883 57,247
年度內產生的淨收益 Net gain arising in current year 7,846 2,468
129,729 59,715
9 其他經營收入 9 Other operating income
2016
港幣千元 港幣千元
HK$’000 HK$’000
可供出售權益證券股息收入 Dividend income from available-for-sale equity securities
－上市 – Listed 198
－非上市 – Unlisted 5,900 5,900
6,098 6,294
投資物業租金收入 Rental income from investment properties 6,842 7,242
減直接支出：港幣301,000元 less direct outgoings of HK$301,000
（2015年：港幣281,000元） (2015: HK$281,000)
其他 Others 27,440 36,492
40,380 50,028
094 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
10 經營支出 10 Operating expenses
2016
港幣千元 港幣千元
HK$’000 HK$’000
(a) 員工成本 (a) Staff costs
薪金及其他員工成本 Salaries and other staff costs 1,663,335 1,409,925
退休金成本（附註31） Retirement costs (note 31) 91,652 82,115
1,754,987 1,492,040
(b) 折舊 (b) Depreciation
物業及設備折舊（附註22） Depreciation of property and equipment (note 22)
－根據經營租賃持有的資產 – Assets held for use under operating leases 19,423 19,503
－其他資產 – Other assets 130,797 115,632
150,220 135,135
(c) 其他經營支出 (c) Other operating expenses
物業及設備支出 Property and equipment expenses
（不包括折舊） 附註） (excluding depreciation) (Note)
－物業租金 – Rental of properties 271,407 262,451
－其他 – Others 230,444 212,601
核數師酬金 Auditor’s remuneration 6,791 8,927
廣告費 Advertising 56,596 64,586
通訊費、印刷及文儀用品 Communication, printing and stationery 98,167 87,522
法律及專業費用 Legal and professional fees 49,186 34,016
其他 Others 198,391 266,928
910,982 937,031
經營支出總額 Total operating expenses 2,816,189 2,564,206
附註： Note:
其他經營支出包括根據經營租賃支付的最低應付 Included in other operating expenses are minimum lease payments under
租賃支出，分別為設備租賃支出港幣5,228,000元 operating leases of HK$5,228,000 (2015: HK$1,931,000) for the hire of
（2015年：港幣1,931,000元）及其他資產租賃支出 equipment, and HK$258,344,000 (2015: HK$250,108,000) for the hire of other
（包括物業租金）港幣258,344,000元（2015年：港 assets (including property rentals).
幣250,108,000元）。
二零一六年報 095
Annual Report 2016
財務報表附註 Notes to the Financial Statements
11 董事酬金 11 Directors’ remuneration
根據香港《公司條例》（第622章）第383條及 The Directors’ remuneration disclosed pursuant to section 383 of the
公司「披露董事利益資料」法規而披露的董 Hong Kong Companies Ordinance (Cap. 622) and the Companies
事酬金如下： (Disclosure of Information about Benefits of Directors) Regulation is
set out as below:
2016
港幣千元 港幣千元
HK$’000 HK$’000
董事袍金 Directors’ fees 4,166 4,427
薪金、津貼及實物利益（附註(i)至(iii)） Salaries, allowances and benefits in kind (notes (i) to (iii)) 19,106 31,039
酌情花紅 Discretionary bonuses 17,742 13,809
退休計劃供款 Retirement scheme contributions 1,281 1,412
42,295 50,687
附註： Note:
(i) 實物利益主要包括房屋津貼及保險。 (i) Benefits in kind mainly include housing allowance and insurance
premium.
(ii) 根 據 保 留 激 勵 計 劃（採 用 遞 延 機 制）， 於 (ii) Under the retention incentive scheme (using a deferred mechanism),
2016年支付予集團執行董事的現金獎勵為 cash benefits amounting to HK$Nil (2015: HK$2,738,000) were paid to
港幣0元（2015年：港幣2,738,000元）。 the Executive Directors of the Group in 2016.
(iii) 根據長期獎勵計劃（「計劃」），合資格人士 (iii) Under the long-term incentive scheme (“LTI”), eligible persons
將獲得一定數量的增值權。增值權的支付 are granted a number of Appreciation Rights. Payment for each
取決於計算超過3年本集團淨資產的賬面價 Appreciation Right is determined by the appreciation in the Group’s
值升值。根據管理層的最佳估計，於2016 net asset value over a three-year performance period. In 2016,
年 為 數 港 幣18,000,000元（2015年： 港 幣 HK$18,000,000 (2015: HK$18,000,000) was accrued in the staff costs,
18,000,000元）已計提在員工成本，並包括 including the amount payable to the Directors based on management’s
向董事發放的數額。 best estimation.
096 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
12 貸款及墊款及其他賬項減值虧損 12 Impairment losses on loans and advances and other
accounts
2016
港幣千元 港幣千元
HK$’000 HK$’000
減值虧損準備 Impairment losses charged
－貸款及墊款 – Loans and advances 354,489 468,602
－其他賬項 – Other accounts 198,470 199,075
552,959 667,677
貸款及墊款及其他賬項 Impairment losses on loans and advances and
減值虧損（附註19(b)） other accounts (note 19(b))
－個別評估 – Individual assessment 603,169 617,744
－綜合評估 – Collective assessment (50,210) 49,933
552,959 667,677
其中（附註19(b)） of which (note 19(b)):
－提撥 – Additions 735,692 804,004
－回撥 – Releases (139,875) (106,019)
－收回金額 – Recoveries (42,858) (30,308)
552,959 667,677
13 綜合收益表所示的所得稅 13 Income tax in the consolidated income statement
(a) Income tax in the consolidated income statement
(a) 綜合收益表所示的所得稅
2016
港幣千元 港幣千元
HK$’000 HK$’000
本期稅項－香港利得稅 Current tax – Hong Kong Profits Tax
年內準備（附註27(a)） Provision for the year (note 27(a)) 437,512 344,233
過往年度稅項準備（回撥）╱補提 (Over)/under-provision in respect of prior years (2,407)
435,105 344,294
本期稅項－海外稅項 Current tax – Overseas
年內準備 Provision for the year 37,422 71,109
過往年度稅項準備補提 Under-provision in respect of prior years 1,925 6,656
39,347 77,765
遞延稅項 Deferred tax
暫時性差額產生（附註27(b)） Origination of temporary differences (note 27(b)) 30,546 11,180
504,998 433,239
2016年度香港利得稅稅項是以年度估計應 The provision for Hong Kong Profits Tax for 2016 is calculated at 16.5%
課 稅 溢 利 按 稅 率16.5%（2015年：16.5%）計 (2015: 16.5%) of the estimated assessable profits for the year. Taxation
算。海外分行及附屬公司的稅項則按照相關 for overseas branches and subsidiaries is charged at the appropriate
國家的適當現行稅率提撥準備。 current rates of taxation ruling in the relevant countries.
二零一六年報 097
Annual Report 2016
財務報表附註 Notes to the Financial Statements
13 綜合收益表所示的所得稅（續） 13 Income tax in the consolidated income statement
(continued)
(b) 稅項支出與會計溢利按適用稅率計算稅款的 (b) Reconciliation between tax expense and accounting profit at
對賬表 applicable tax rates
2016
港幣千元 港幣千元
HK$’000 HK$’000
稅前溢利 Profit before tax 3,053,239 2,601,446
按以有關國家適用 Notional tax on profit before tax,
利得稅稅率計算 calculated at the rates
稅前溢利的名義稅項 applicable to profits in the countries concerned 489,485 420,496
不可扣減支出的稅項影響 Tax effect of non-deductible expenses 25,108 18,202
非應課稅收入的稅項影響 Tax effect of non-taxable revenue (8,519) (10,370)
過往年度稅項準備（回撥）╱補提 (Over)/under-provision in prior years (746) 6,717
其他 Others (330) (1,806)
實際稅項支出 Actual tax expense 504,998 433,239
14 其他全面收益 14 Other comprehensive income
關於其他全面收益各組成部份的稅項影響 Tax effects relating to each component of other comprehensive
income
2016
稅前數額 稅項支出 除稅後淨額 稅前數額 稅項支出 除稅後淨額
Before tax Tax Net-of-tax Before tax Tax Net-of-tax
amount expense amount amount expense amount
港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
換算海外附屬公司的 Exchange differences on translation of (93,590) – (93,590) (98,176) – (98,176)
財務報表的匯兌差額 financial statements of overseas subsidiaries
現金流量對沖 Cash flow hedges
－現金流量對沖公允價值 – net movement in cash flow hedging 1,279 (211) 1,068 – – –
儲備淨變動 reserve fair value reserve
可供出售證券 Available-for-sale securities
－可供出售證券公允價值 – net movement in available-for-sale (63,037) 12,780 (50,257) (116,914) 18,306 (98,608)
儲備淨變動 fair value reserve
其他全面收益 Other comprehensive income (155,348) 12,569 (142,779) (215,090) 18,306 (196,784)
098 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
15 分部資料 15 Segment reporting
分部資料的呈報形式與可報告分部一致，分 Segment information is prepared consistently with reportable
部資料定期向包括管理委員會成員在內的主 segments. Information is regularly reported to the chief operating
要營運決策人報告，以便為各分部分配資源 decision-maker, including management committee members, to
和評估其績效。本集團確認了以下四大主要 allocate resources to the segments and to assess their performance.
呈報分部： The Group has identified the following four main reportable
segments:
公司及跨境業務包括香港及海外分行的企業 Wholesale and cross-border banking business includes wholesale
銀行業務和中國銀行業務。企業銀行業務主 banking business in Hong Kong and overseas branches, and China
要包括公司借貸及銀團貸款、貿易融資及現 banking. Wholesale banking mainly comprises corporate lending and
金管理。海外分行包括於香港的管理辦公室 syndicated loans, trade financing and cash management. Overseas
及於海外營運的分行。於中國的銀行業務主 branches include the management office unit in Hong Kong and
要包括一間附屬銀行，以及於香港的中國銀 the branches operated overseas. China banking mainly includes a
行業務管理辦公室。 subsidiary bank in China and the China banking management office
in Hong Kong.
個人及商務銀行業務主要包括存款戶口服 Personal and business banking mainly comprises deposit account
務、住宅物業按揭、其他消費借貸、信用卡 services, residential mortgages, other consumer lending, credit
服務及中小企業貸款、財富管理服務及私人 card services, and Small and Medium Enterprises (“SMEs”) banking
銀行。 business, wealth management services and private banking.
財資及環球市場業務包括提供外匯交易服 Treasury and markets covers the provision of foreign exchange
務、資金市場活動、管理投資證券及中央現 services, money market activities, the management of investment
金管理。 securities and central cash management.
其他業務主要包括未能直接歸類任何現有呈 Others mainly comprises unallocated revenue and expenses, head
報分部的收入及支出，總行及企業支出。 office, and corporate expenses.
就分部報告而言，經營收入的分配是根據內 For the purpose of segment reporting, the allocation of operating
部轉讓價格機制反映資金的利益分配到業務 income reflects the benefits of funding resources allocated to the
分部上。成本的分配是根據各業務分部的直 business segments based on the internal funds transfer pricing
接成本及合理基準分配經常費用予各業務分 mechanism. Cost allocation is based on the direct costs incurred
部。使用銀行物業產生的市值租金會反映於 by the respective business segments and the apportionment of
「其他」業務下的分部間經營收入及各業務 overheads on a reasonable basis to the business segments. Rental
分部的分部間經營支出中。 charges at the market rate for the use of bank premises are reflected
as inter-segment income for the ‘Others’ segment and inter-segment
expenses for the respective business segments.
二零一六年報 099
Annual Report 2016
財務報表附註 Notes to the Financial Statements
15 分部資料（續） 15 Segment reporting (continued)
(a) 可呈報分部 (a) Reportable segments
公司及 個人及
跨境業務 商務銀行 財資及
Wholesale and Personal and 環球市場
cross-border business Treasury and 其他 綜合
banking banking markets Others Consolidated
港幣千元 港幣千元 港幣千元 港幣千元 港幣千元
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
淨利息收入╱（支出） Net interest income/(expense) 3,080,961 1,592,121 (612,425) 68,169 4,128,826
其他經營收入╱（支出） Other operating income/(expenses) 872,446 789,951 543,317 (51,443) 2,154,271
出售可供出售證券淨收益 Net gain on disposal of
available-for-sale securities 19,155 – 110,574 – 129,729
經營收入 Operating income 3,972,562 2,382,072 41,466 16,726 6,412,826
經營支出 Operating expenses (519,982) (705,162) (91,794) (1,499,251) (2,816,189)
分部間之經營（支出）╱收入 Inter-segment (expenses)/income (434,956) (678,908) (138,239) 1,252,103 –
扣除減值準備前之經營 Operating profit/(loss) before impairment
溢利╱（虧損） 3,017,624 998,002 (188,567) (230,422) 3,596,637
貸款及墊款及其他賬項減值 Impairment losses (charged)/written back on
（撥備）╱回撥 loans and advances and other accounts (321,918) (33,395) (198,470) 824 (552,959)
經營溢利╱（虧損） Operating profit/(loss) 2,695,706 964,607 (387,037) (229,598) 3,043,678
出售物業及設備淨 Net (loss)/gain on disposal of
（虧損）╱收益 property and equipment (22) (62) – 99
投資物業重估收益 Revaluation gain on investment properties – – – 9,546 9,546
稅前溢利╱（虧損） Profit/(loss) before taxation 2,695,684 964,545 (387,037) (219,953) 3,053,239
所得稅 Income tax – – – (504,998) (504,998)
本年度溢利╱（虧損） Profit/(loss) for the year 2,695,684 964,545 (387,037) (724,951) 2,548,241
其他分部項目： Other segment items:
折舊 Depreciation 11,263 18,732 495 119,730 150,220
分部資產 Segment assets 157,373,422 43,454,369 126,017,263 (20,428,099) 306,416,955
分部負債 Segment liabilities 151,281,845 120,341,297 24,246,000 (21,406,203) 274,462,939
本年度產生的資本開支 Capital expenditure incurred
during the year 9,276 17,669 3,650 163,317 193,912
100 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
15 分部資料（續） 15 Segment reporting (continued)
(a) 可呈報分部（續） (a) Reportable segments (continued)
公司及 個人及
跨境業務 商務銀行 財資及
Wholesale and Personal and 環球市場
cross-border business Treasury and 其他 綜合
banking banking markets Others Consolidated
港幣千元 港幣千元 港幣千元 港幣千元 港幣千元
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
淨利息收入╱（支出） Net interest income/(expense) 2,733,891 1,333,658 (688,288) 41,048 3,420,309
其他經營收入 Other operating income 714,954 658,904 903,096 74,035 2,350,989
出售可供出售證券淨收益 Net gain on disposal of
available-for-sale securities 29,121 – 30,594 – 59,715
經營收入 Operating income 3,477,966 1,992,562 245,402 115,083 5,831,013
經營支出 Operating expenses (483,698) (674,460) (73,257) (1,332,791) (2,564,206)
分部間之經營（支出）╱收入 Inter-segment (expenses)/income (343,018) (509,169) (114,049) 966,236 –
扣除減值準備前之經營 Operating profit/(loss) before impairment
溢利╱（虧損） 2,651,250 808,933 58,096 (251,472) 3,266,807
貸款及墊款及其他賬項減值 Impairment losses (charged)/written back on
（撥備）╱回撥 loans and advances and other accounts (441,416) (37,423) (199,075) 10,237 (667,677)
經營溢利╱（虧損） Operating profit/(loss) 2,209,834 771,510 (140,979) (241,235) 2,599,130
出售物業及設備淨虧損 Net loss on disposal of property and
equipment (16) (446) – (268) (730)
投資物業重估收益 Revaluation gain on investment properties – – – 3,046 3,046
稅前溢利╱（虧損） Profit/(loss) before taxation 2,209,818 771,064 (140,979) (238,457) 2,601,446
所得稅 Income tax – – – (433,239) (433,239)
本年度溢利╱（虧損） Profit/(loss) for the year 2,209,818 771,064 (140,979) (671,696) 2,168,207
其他分部項目： Other segment items:
折舊 Depreciation 16,283 21,449 323 97,080 135,135
分部資產 Segment assets 142,886,647 41,393,989 114,204,905 (15,950,573) 282,534,968
分部負債 Segment liabilities 144,383,771 108,699,516 22,794,559 (17,397,083) 258,480,763
本年度產生的資本開支 Capital expenditure incurred during the year 6,884 28,637 1,304 81,661 118,486
二零一六年報 101
Annual Report 2016
財務報表附註 Notes to the Financial Statements
15 分部資料（續） 15 Segment reporting (continued)
(b) 區域資料 (b) Geographical information
區域資料的分析是根據附屬公司的主要業務 The geographical information analysis is based on the location of the
所在地點，或按負責報告業績或將資產及負 principal operations of the subsidiaries, or in the case of the Bank itself,
債入賬的本行及其分行位置予以披露。 of the location of the branches responsible for reporting the results or
booking the assets and liabilities.
經營收入╱
（支出） 或有負債及承擔
稅前溢利 總資產 總負債 Operating Contingent
Profit Total Total income/ liabilities and
before taxation assets liabilities (expenses) commitments
港幣千元 港幣千元 港幣千元 港幣千元 港幣千元
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
香港 Hong Kong 2,766,150 286,012,805 254,868,685 5,728,199 85,365,815
中國內地 Mainland China (66,184) 12,704,912 11,103,444 212,615 2,106,058
美國 United States 219,745 9,862,043 9,641,057 257,558 1,701,100
新加坡 Singapore 86,651 17,215,939 17,114,713 141,716 29,873,335
其他 Others 46,873 2,662,933 2,612,354 73,096 2,861,463
分部間項目 Inter-segment items 4 (22,041,677) (20,877,314) (358) –
3,053,239 306,416,955 274,462,939 6,412,826 121,907,771
經營收入╱
（支出） 或有負債及承擔
稅前溢利 總資產 總負債 Operating Contingent
Profit Total Total income/ liabilities and
before taxation assets liabilities (expenses) commitments
港幣千元 港幣千元 港幣千元 港幣千元 港幣千元
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
香港 Hong Kong 2,080,855 253,413,493 230,208,316 4,927,034 71,903,142
中國內地 Mainland China 99,502 12,502,237 10,705,457 299,632 2,297,992
美國 United States 122,093 5,877,070 5,774,995 147,153 1,360,777
新加坡 Singapore 254,147 23,224,884 22,948,195 396,017 22,944,961
其他 Others 44,845 1,939,101 1,895,252 61,687 2,309,279
分部間項目 Inter-segment items 4 (14,421,817) (13,051,452) (510) –
2,601,446 282,534,968 258,480,763 5,831,013 100,816,151
102 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
16 現金及在銀行、中央銀行及其他金融 16 Cash and balances with banks, central banks and other
機構的結存 financial institutions
2016
港幣千元 港幣千元
HK$’000 HK$’000
現金 Cash in hand 343,773 228,554
在中央銀行的結存 Balances with central banks 2,169,326 1,263,157
在銀行的結存 Balances with banks 13,024,014 7,881,427
在其他金融機構的結存 Balances with other financial institutions 12,003,320 10,949,596
27,540,433 20,322,734
截至2016年12月31日包括在中央銀行受到外 Included in the balances with central banks that are subject
匯管制和監管限制的餘額是港幣1,081,770,000 to exchange control and regulatory restrictions, amounting to
元（2015年：港幣825,506,000元）。 HK$1,081,770,000 at 31 December 2016 (2015: HK$825,506,000).
17 在銀行、中央銀行及其他金融機構的 17 Placements with and advances to banks, central banks
存款及墊款 and other financial institutions
2016
港幣千元 港幣千元
HK$’000 HK$’000
在銀行的存款 Placements with banks 22,275,290 27,348,928
在銀行的墊款 Advances to banks 614,423 3,041,712
22,889,713 30,390,640
到期日： Maturing:
－1個月內 – within 1 month 6,663,169 13,676,427
－1個月至1年內 – between 1 month and 1 year 16,226,544 16,694,838
－1年後 – after 1 year – 19,375
22,889,713 30,390,640
截至2016年及2015年12月31日，本集團在銀 There were no impaired advances to banks and other financial
行及其他金融機構的墊款中並無減值墊款， institutions at 31 December 2016 and 2015, nor were there any
亦無就該等墊款提撥作個別減值準備。 individually assessed impairment allowances made for them on these
two dates.
二零一六年報 103
Annual Report 2016
財務報表附註 Notes to the Financial Statements
18 交易用途資產 18 Trading assets
2016 2015
港幣千元 港幣千元
HK$’000 HK$’000
債務證券 Debt securities 1,321,751 212,827
投資基金 Investment funds 1,078 1,489
交易用途證券 Trading securities 1,322,829 214,316
衍生工具的正公允價值（附註37(b)） Positive fair values of derivatives (note 37(b)) 4,258,891 4,063,223
5,581,720 4,277,539
以上項目的發行機構如下︰ Issued by:
政府機關 Sovereigns 500 46,669
銀行及其他金融機構 Banks and other financial institutions 1,153,365 84,969
企業 Corporate entities 168,964 82,678
1,322,829 214,316
按上市地點分析︰ Analysed by place of listing:
於香港上市 Listed in Hong Kong 693,889 57,788
於香港以外地區上市 Listed outside Hong Kong 74,656 32,896
非上市 Unlisted 554,284 123,632
1,322,829 214,316
104 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
19 客戶貸款及墊款及其他賬項 19 Loans and advances to customers and other accounts
(a) 客戶貸款及墊款及其他賬項減減值準備 (a) Loans and advances to customers and other accounts less
impairment allowances
2016
港幣千元 港幣千元
HK$’000 HK$’000
客戶貸款及墊款總額 Gross loans and advances to customers 183,764,241 169,869,738
減值準備（附註19(b)） Impairment allowances (note 19(b))
－個別評估 – Individually assessed (627,498) (296,732)
－綜合評估 – Collectively assessed (322,864) (399,376)
182,813,879 169,173,630
應計利息及其他賬項 Accrued interest and other accounts 8,620,610 4,506,138
減值準備（附註19(b)） Impairment allowances (note 19(b))
－個別評估（附註） – Individually assessed (Note) (147,951) (199,843)
8,472,659 4,306,295
191,286,538 173,479,925
客戶貸款及墊款其中包括： Included in loans and advances to customers are:
貿易票據 Trade bills 2,191,085 5,205,237
減值準備（附註19(b)） Impairment allowances (note 19(b))
－個別評估 – Individually assessed – (139)
－綜合評估 – Collectively assessed (1,762) (690)
2,189,323 5,204,408
附註： Note:
於2016年針對某些衍生產品在到期或平倉交易結 In 2016, an impairment provision of HK$147,182,000 (2015: HK$199,075,000)
算失敗而提撥港幣147,182,000元（2015年：港幣 was included in the individual impairment provisions of the other accounts,
199,075,000元）的減值準備已被列入其他帳項的 this was provided for the failure in settlement of expired or unwinding
個別減值準備內。 transactions of certain derivative products.
二零一六年報 105
Annual Report 2016
財務報表附註 Notes to the Financial Statements
19 客戶貸款及墊款及其他賬項（續） 19 Loans and advances to customers and other accounts
(continued)
(b) 客戶貸款及墊款及其他賬項減值準備的變動 (b) Movement in impairment allowances on loans and advances to
customers and other accounts
2016
個別評估 綜合評估 個別評估 綜合評估
Individually Collectively 總額 Individually Collectively 總額
assessed assessed Total assessed assessed Total
港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
於1月1日 At 1 January 496,575 399,376 895,951 164,648 373,664 538,312
在收益表列支的減值虧損 Impairment losses charged to
（附註12） the income statement (note 12) 735,692 – 735,692 747,697 56,307 804,004
在收益表回撥的減值虧損 Impairment losses released to
（附註12） the income statement (note 12) (132,523) (50,210) (182,733) (129,953) (6,374) (136,327)
沖銷數額 Amounts written off (334,175) (30,876) (365,051) (297,176) (30,595) (327,771)
收回以往年度已沖銷的 Recoveries of loans and advances
貸款及墊款 written off in previous years 38,284 4,574 42,858 23,934 6,374 30,308
貸款減值虧損折現回撥 Unwinding of discount on loan
（附註4） impairment losses (note 4) (28,404) – (28,404) (12,575) – (12,575)
於12月31日 At 31 December 775,449 322,864 1,098,313 496,575 399,376 895,951
扣除自（附註19(a)）： Deducted from (note 19(a)):
客戶貸款及墊款 Loans and advances to customers 627,498 321,102 948,600 296,593 398,686 695,279
其他賬項 Other accounts 147,951 – 147,951 199,843 – 199,843
貿易票據 Trade bills – 1,762 1,762 139 690 829
775,449 322,864 1,098,313 496,575 399,376 895,951
106 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
19 客戶貸款及墊款及其他賬項（續） 19 Loans and advances to customers and other accounts
(continued)
(c) 按行業分析的客戶貸款及墊款 (c) Loans and advances to customers analysed by industry sectors
以下按經濟行業進行的分析是根據香港金融 The following economic sector analysis is based on categories and
管理局（「金管局」）所採用的分類及定義作 definitions used by the Hong Kong Monetary Authority (“HKMA”).
出。
2016
客戶貸款及 減值客戶 客戶貸款及 減值客戶
墊款總額 貸款及墊款 墊款總額 貸款及墊款
Gross loans Impaired loans Gross loans Impaired loans
and advances and advances and advances and advances
to customers to customers to customers to customers
港幣千元 港幣千元 港幣千元 港幣千元
HK$’000 HK$’000 HK$’000 HK$’000
工商金融 Industrial, commercial and financial
－物業發展 – Property development 13,578,793 – 13,160,361 –
－物業投資 – Property investment 25,060,936 26,095 19,535,863 30,297
－金融企業 – Financial concerns 9,171,320 – 6,742,829 –
－股票經紀 – Stockbrokers 3,131,047 – 3,511,763 –
－批發及零售業 – Wholesale and retail trade 17,002,524 110,678 17,915,876 162,104
－製造業 – Manufacturing 10,063,497 3,769 7,493,445 10,472
－運輸及運輸設備 – Transport and transport equipment 2,946,243 – 3,492,239 2,325
－娛樂活動 – Recreational activities 1,205,638 – 954,102 –
－資訊科技 – Information technology 3,451,364 – 14,755 –
－其他 – Others 9,831,651 249,577 7,987,067 249,305
個人 Individuals
－購買「居者有其屋計 – Loans for the purchase of flats under
劃」、「私人發展 the Home Ownership Scheme,
商參建居屋計劃」及 Private Sector Participation
「租者置其屋計劃」 Scheme and Tenants Purchase
的樓宇貸款 Scheme 11,464 – 8,760 –
－購買其他住宅物業的 – Loans for the purchase of
貸款 other residential properties 13,407,510 23,517 12,404,811 4,788
－信用卡墊款 – Credit card advances 445,821 550 426,795
－其他 – Others 8,304,307 21,245 7,850,685 16,204
在香港使用的貸款及 Gross loans and advances for
墊款總額 use in Hong Kong 117,612,115 435,431 101,499,351 475,934
貿易融資 Trade finance 10,644,560 683,469 11,061,512 605,279
在香港以外使用的 Gross loans and advances for
貸款及墊款總額 use outside Hong Kong 55,507,566 647,766 57,308,875 425,472
客戶貸款及墊款總額 Gross loans and advances to customers 183,764,241 1,766,666 169,869,738 1,506,685
二零一六年報 107
Annual Report 2016
財務報表附註 Notes to the Financial Statements
19 客戶貸款及墊款及其他賬項（續） 19 Loans and advances to customers and other accounts
(continued)
(d) 減值客戶貸款及墊款 (d) Impaired loans and advances to customers
2016
港幣千元 港幣千元
HK$’000 HK$’000
減值客戶貸款及墊款總額 Gross impaired loans and advances to customers 1,766,666 1,506,685
減值準備－個別評估 Impairment allowances – Individually assessed (627,498) (296,732)
1,139,168 1,209,953
減值貸款及墊款總額佔客戶 Gross impaired loans and advances as a %
貸款及墊款總額的百分率 of total loans and advances to customers 0.96% 0.89%
減值貸款及墊款是主要根據個別具有減值的 Impaired loans and advances are individually assessed loans which
客觀證據，以作個別減值評估的貸款。 exhibit objective evidence of impairment on an individual basis.
經個別評估的減值準備已計算本集團就這些 Individually assessed impairment allowances were made after taking
貸款及墊款所持抵押品的可變現價值為港 into account the realisable value of collateral in respect of such loans
幣578,847,000元（2015年： 港 幣433,215,000 and advances of HK$578,847,000 (2015: HK$433,215,000) of the Group.
元）。這些抵押品主要由住宅或商業物業按 This collateral mainly comprised mortgage interest over residential or
揭權益和在本集團的現金存款組成。 commercial properties and cash with the Group.
108 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
19 客戶貸款及墊款及其他賬項（續） 19 Loans and advances to customers and other accounts
(continued)
(e) 融資租賃及分期付款合約的投資淨額 (e) Net investment in finance leases and hire purchase contracts
客戶貸款及墊款包括按融資租賃及具備融資 Loans and advances to customers include net investment in motor
租賃特徵的分期付款合約租借給客戶的汽車 vehicles, and equipment leased to customers under finance leases
及設備的投資淨額。這些合約的最初租賃期 and hire purchase contracts which have the characteristics of finance
一般為期5至20年，其後可選擇按賬面值購 leases. These contracts usually run for an initial period of 20 years or
入這些租借資產。按融資租賃及分期付款合 above, with an option of acquiring the leased asset at nominal value.
約應收的最低租賃付款總額及其現值如下： The total minimum lease payments receivable under finance leases
and hire purchase contracts and their present values at the year end
are as follows:
2016
最低租賃 最低租賃
付款現值 最低租賃 付款現值 最低租賃
Present value 付款總額 Present value 付款總額
of the Total of the Total
minimum minimum minimum minimum
lease lease lease lease
payments payments payments payments
港幣千元 港幣千元 港幣千元 港幣千元
HK$’000 HK$’000 HK$’000 HK$’000
1年內 Within 1 year 43,152 50,112 79,414 90,354
1年至5年 After 1 year but within 5 years 78,201 97,568 119,257 141,482
5年後 After 5 years 210,608 237,374 272,067 302,897
331,961 385,054 470,738 534,733
減值準備： Impairment allowances:
－個別評估 – Individually assessed (2,592) (3,172)
－綜合評估 – Collectively assessed (423) (5,358)
融資租賃及分期付款 Net investment in finance leases
合約的投資淨額 and hire purchase contracts 328,946 462,208
二零一六年報 109
Annual Report 2016
財務報表附註 Notes to the Financial Statements
20 可供出售證券 20 Available-for-sale securities
2016 2015
港幣千元 港幣千元
HK$’000 HK$’000
持有的存款證 Certificates of deposit held 15,922,277 12,375,180
債務證券 Debt securities 29,074,574 22,261,330
國庫券（包括外匯基金票據） Treasury bills (including Exchange Fund Bills) 13,111,688 18,420,015
權益證券 Equity securities 95,732 94,962
58,204,271 53,151,487
以上項目的發行機構如下︰ Issued by:
政府機關 Sovereigns 14,664,781 19,381,998
銀行及其他金融機構 Banks and other financial institutions 33,673,029 26,391,962
企業 Corporate entities 7,812,716 7,377,527
公營機構 Public entities 2,053,745 –
58,204,271 53,151,487
按上市地點分析︰ Analysed by place of listing:
於香港上市 Listed in Hong Kong 7,174,894 5,209,473
於香港以外地區上市 Listed outside Hong Kong 7,190,902 5,215,093
非上市 Unlisted 43,838,475 42,726,921
58,204,271 53,151,487
個別減值債務證券的公允價值 Fair value of individually impaired debt securities 27,631 91,364
110 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
21 附屬公司 21 Subsidiaries
於2016年12月31日，下文列出對本集團的業 The following list contains the particulars of the principal subsidiaries
績、資產或負債有重大影響的主要附屬公司 at 31 December 2016 which materially affect the results, assets or
詳情。除非另有註明，否則所持股份類別均 liabilities of the Group. The class of shares held is ordinary unless
為普通股。 otherwise stated.
註冊成立╱經營地區 法律實體種類 已發行及繳足股本 持有股份百分率
公司名稱 Place of incorporation/ Kind of legal 主要業務 Particulars of issued Proportion of shares
Name of company operation entity Principal activities share capital held by the Bank
啓福國際有限公司 香港 有限責任公司 物業持有 港幣2元 100%
Carford International Limited Hong Kong Limited Liability Property holding HK$2
Company
中信銀行國際（中國）有限公司 中華人民共和國（「中國」） 有限責任公司 銀行 人民幣1,000,000,000元 100%
（「中信銀行國際（中國）」）
CITIC Bank International (China) People’s Republic of China Limited Liability Banking RMB1,000,000,000
Limited (“CBI (China)”) (“mainland China”) Company
中信保險服務有限公司 香港 有限責任公司 保險經紀 港幣5,000,000元 100%
CITIC Insurance Brokers Limited Hong Kong Limited Liability Insurance broker HK$5,000,000
Company
CKWB-SN Limited 開曼群島╱香港 有限責任公司 發行結構票據和投資 美金1元 100%
Cayman Islands/Hong Kong Limited Liability Issue of structured notes US$1
Company and investments
CKWH-UT2 Limited 開曼群島╱香港 有限責任公司 發行後償票據 美金1元 100%
Cayman Islands/Hong Kong Limited Liability Issue of US$1
Company subordinated notes
香港華人財務有限公司 香港 有限責任公司 消費借貸 港幣200,000,000元 100%
HKCB Finance Limited Hong Kong Limited Liability Consumer financing HK$200,000,000
Company
香港華人銀行（代理人）有限公司 香港 有限責任公司 代理人服務 港幣5,000元 100%
The Hongkong Chinese Bank Hong Kong Limited Liability Nominee services HK$5,000
(Nominees) Limited Company
嘉華銀行（信託）有限公司 香港 有限責任公司 信託服務 港幣3,000,000元 100%
The Ka Wah Bank (Trustee) Limited Hong Kong Limited Liability Trustee services HK$3,000,000
Company
恒康香港有限公司 香港 有限責任公司 按揭融資 港幣2元 100%
Viewcon Hong Kong Limited Hong Kong Limited Liability Mortgage financing HK$2
Company
二零一六年報 111
Annual Report 2016
財務報表附註 Notes to the Financial Statements
22 物業及設備 22 Property and equipment
傢俬、固定
裝置及設備
投資物業 其他物業 Furniture, 電腦設備
Investment Other fixtures and Computer 總額
properties premises equipment equipment Total
港幣千元 港幣千元 港幣千元 港幣千元 港幣千元
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
成本或估值： Cost or valuation:
於2016年1月1日 At 1 January 2016 185,944 632,009 910,161 403,345 2,131,459
增加 Additions – – 69,379 124,533 193,912
重新分類 Reclassification (57,000) 57,000 – – –
出售 Disposals – – (13,129) (10) (13,139)
重估盈餘 Surplus on revaluation 9,546 – – – 9,546
匯兌調整 Exchange adjustments – – (5,196) – (5,196)
於2016年12月31日 At 31 December 2016 138,490 689,009 961,215 527,868 2,316,582
上述資產的成本或 The analysis of cost or
估值分析如下： valuation of the above
assets is as follows:
成本 Cost – 671,412 961,215 527,868 2,160,495
估值 Valuation
－1985年 – 1985 – 17,597 – – 17,597
－2016年 – 2016 138,490 – – – 138,490
138,490 689,009 961,215 527,868 2,316,582
於2015年1月1日 At 1 January 2015 182,898 632,009 867,523 357,260 2,039,690
增加 Additions – – 72,108 46,378 118,486
出售 Disposals – – (22,497) (293) (22,790)
重估盈餘 Surplus on revaluation 3,046 – – – 3,046
匯兌調整 Exchange adjustments – – (6,973) – (6,973)
於2015年12月31日 At 31 December 2015 185,944 632,009 910,161 403,345 2,131,459
上述資產的成本或 The analysis of cost or
估值分析如下： valuation of the above
assets is as follows:
成本 Cost – 614,412 910,161 403,345 1,927,918
估值 Valuation
－ 1985年 – 1985 – 17,597 – – 17,597
－ 2015年 – 2015 185,944 – – – 185,944
185,944 632,009 910,161 403,345 2,131,459
累計折舊： Accumulated depreciation:
於2016年1月1日 At 1 January 2016 – 305,709 690,762 291,771 1,288,242
本年度折舊（附註10(b)） Charge for the year (note 10(b)) – 13,821 85,534 50,865 150,220
因出售而回撥 Written back on disposals – – (13,043) (10) (13,053)
匯兌調整 Exchange adjustments – – (4,703) – (4,703)
於2016年12月31日 At 31 December 2016 – 319,530 758,550 342,626 1,420,706
於2015年1月1日 At 1 January 2015 – 292,090 640,652 248,015 1,180,757
本年度折舊（附註10(b)） Charge for the year (note 10(b)) – 13,619 77,467 44,049 135,135
因出售而回撥 Written back on disposals – – (21,704) (293) (21,997)
匯兌調整 Exchange adjustments – – (5,653) – (5,653)
於2015年12月31日 At 31 December 2015 – 305,709 690,762 291,771 1,288,242
賬面淨值： Net book value:
於2016年12月31日 At 31 December 2016 138,490 369,479 202,665 185,242 895,876
於2015年12月31日 At 31 December 2015 185,944 326,300 219,399 111,574 843,217
112 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
22 物業及設備（續） 22 Property and equipment (continued)
(a) 投資物業公允價值計量 (a) Fair value measurement of investment properties
(i) 公允價值層級 (i) Fair value hierarchy
下表顯示於結算日，本集團按經常性 The following table presents the fair value of the Group’s
基準以公允價值計量的投資物業，根 investment properties measured at the end of the reporting
據《香 港 財 務 報 告 準 則》第13號「公 period on a recurring basis, categorised into the three-
允價值計量」分類為三級公允價值層 level fair value hierarchy as defined in HKFRS 13, ‘Fair value
級。公允價值計量的層級分類是根據 measurement’. The level into which a fair value measurement
用於估值模式的輸入數據的可觀察性 classified is determined with reference to the observability and
和重要性來決定： significance of the input used in the valuation technique as
follows:
第1級 － 參考同一資產於計量日在活 Level 1 – Quoted (unadjusted) market price in active markets
躍市場取得的市場報價（未經 for identical assets at the measurement date.
調整）。
第2級 － 根據可觀察的輸入數據之估 Level 2 – Valuation techniques based on observable inputs,
值模式（未能符合第1級），及 which fail to meet Level 1, and not using significant
不採用主要而非可觀察的數 unobservable inputs. Unobservable inputs are inputs
據。若沒有市場數據提供，便 for which market data are not available.
利用非可觀察的數據。
第3級 － 公允價值以主要而非可觀察 Level 3 – Fair value measured using significant unobservable
的數據來計量。 inputs.
第3級
Level 3
2016
港幣千元 港幣千元
HK$’000 HK$’000
經常性公允價值以主要而 Recurring fair value measurement using
非可觀察計量 significant unobservable input
投資物業 Investment properties
－香港 – Held in Hong Kong 99,601 147,001
－香港以外地區 – Held outside Hong Kong 38,889 38,943
138,490 185,944
二零一六年報 113
Annual Report 2016
財務報表附註 Notes to the Financial Statements
22 物業及設備（續） 22 Property and equipment (continued)
(a) 投資物業公允價值計量（續） (a) Fair value measurement of investment properties (continued)
(i) 公允價值層級（續） (i) Fair value hierarchy (continued)
截至2016年和2015年12月31日，在第1 During the years ended 31 December 2016 and 2015, there
級和第2級之間並無轉移及沒有從第3 were no transfers between Level 1 and Level 2, or transfer into
級轉入或轉出。本集團政策是要於報 or out of Level 3. The Group’s policy is to recognise transfers
告期末確認公允價值層級間轉移的發 between levels of fair value hierarchy as at the end of the
生。 reporting period in which they occur.
於2016年12月31日， 參 照 獨 立 測 量 師 All investment properties of the Group were revalued and
行重估本集團的投資物業重估報告。 assessed by the management of the Group at 31 December
物業估值是以公開市場價值為基準及 2016 with reference to the property valuation report conducted
符合《香港財務報告準則》第13號「公 by an independent firm of surveyors. The basis of the property
允價值計量」對公允價值的定義。有 valuation was market value, which is consistent with the
關本集團的重估盈餘為港幣9,546,000 definition of fair value under HKFRS 13, ‘Fair value measurement’.
元（2015年：盈餘港幣3,046,000元）並 The revaluation surplus of HK$9,546,000 (2015: HK$3,046,000)
已分別計入本集團的收益表中。 was recognised by the Group and has been credited to the
income statement.
(ii) 公允價值層級第3層級的公允價值計量 (ii) Reconciliation of fair value measurements in Level 3 of the fair value
hierarchy
第3層級的公允價值計量餘額於年度內 The movements during the year in the balance of these Level 3
的變動如下： fair value measurements are as follows:
2016
港幣千元 港幣千元
HK$’000 HK$’000
於1月1日 At 1 January 185,944 182,898
重新分類至其他物業 Reclassification to other property and
及設備 equipment (57,000) –
公允價值調整 Fair value adjustment 9,546 3,046
於12月31日 At 31 December 138,490 185,944
(iii) 第3層級的公允價值計量資料 (iii) Information about Level 3 fair value measurements
估值模式 非可觀察的數據 範圍
Valuation technique Unobservable input Range
投資物業 市場比較法 物業質量的溢價（折讓） -15%至15%
Investment properties Market comparison approach Premium (discount) on quality of properties -15% to 15%
在香港或香港以外地區的投資物業的 The fair value of investment properties located in or outside
公允價值是採用市場比較法釐定，以 Hong Kong is determined by using the market comparison
參考最近相關物業的每平方呎銷售價 approach by reference to the recent sales price of comparable
格為基準，比較近期的銷售價格，從 properties on a price per-square-foot basis, adjusted for a
而調整本集團物業質量的溢價或折 premium or a discount specific to the quality of the Group’s or
讓。投資性房地產的賬面價值將按每 the Bank’s properties compared to the recent sales. The carrying
平方呎價格同比例的增加而增加，反 amount of the investment properties would be increased by
之亦然。 the same percentage increase in the price per-square-foot and
vice versa.
114 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
22 物業及設備（續） 22 Property and equipment (continued)
(b) 投資物業及其他物業的賬面淨值分析如下： (b) The analysis of net book value of investment properties and
other premises is as follows:
2016
港幣千元 港幣千元
HK$’000 HK$’000
租賃 Leasehold
香港 Held in Hong Kong
－長期租賃（超過50年未屆滿） – Long-term leases (over 50 years unexpired) 79,116 80,885
－中期租賃（10年至50年未屆滿） – Medium-term leases (10 to 50 years unexpired) 389,964 392,415
香港以外地區 Held outside Hong Kong
－中期租賃（10年至50年未屆滿） – Medium-term leases (10 to 50 years unexpired) 38,889 38,943
507,969 512,243
投資物業產生的租金收入總額為港幣 The gross rental income arising from investment properties is
7,143,000元（2015年：港幣7,523,000元）。 HK$7,143,000 (2015: HK$7,523,000).
於2016年及2015年沒有投資物業出售虧損。 During the year ended 31 December 2016 and 2015, no loss on
disposal of investment properties.
本集團若干其他物業曾於過往年度進行重 Some of the other premises of the Group were revalued in previous
估。如果這些物業是以成本減累計折舊入 years. The net book value of such other premises of the Group at 31
賬，本集團於2016年12月31日的其他物業賬 December 2016 would have been HK$4,916,000 (2015: HK$4,981,000)
面淨值應為港幣4,916,000元（2015年：港幣 had they been carried at cost less accumulated depreciation.
4,981,000元）。
(c) 通過經營租賃租出的物業及設備 (c) Property and equipment leased out under operating leases
本集團通過經營租賃的方式租出投資物業。 The Group leases out investment properties under operating leases.
有關物業的最初租賃期一般為2至3年，其後 The leases typically run for an initial period of two to three years, with
可重新商定後續期及所有條款。 an option to renew the leases after that date, at which time all terms
are renegotiated.
本集團按不可解除的投資及分租物業的經營 The Group’s total future minimum lease payments under non-
租賃應收的未來最低租金總額如下： cancellable operating leases for investment and subletting properties
are receivable as follows:
2016
港幣千元 港幣千元
HK$’000 HK$’000
1年內 Within 1 year 5,532 3,572
1年至5年 After 1 year but within 5 years 7,556 –
13,088 3,572
二零一六年報 115
Annual Report 2016
財務報表附註 Notes to the Financial Statements
23 銀行及其他金融機構的存款及結存 23 Deposits and balances of banks and other financial
institutions
2016
港幣千元 港幣千元
HK$’000 HK$’000
銀行的存款及結存 Deposits and balances from banks 5,256,660 2,658,301
24 客戶存款 24 Deposits from customers
2016
港幣千元 港幣千元
HK$’000 HK$’000
活期及往來賬戶存款 Demand deposits and current deposits 22,124,842 20,094,257
儲蓄存款 Savings deposits 46,115,748 36,751,099
定期、即期及短期通知存款 Time, call and notice deposits 167,334,110 163,838,353
235,574,700 220,683,709
25 交易用途負債 25 Trading liabilities
2016
港幣千元 港幣千元
HK$’000 HK$’000
衍生工具的負公允價值（附註37(b)） Negative fair value of derivatives (note 37(b)) 3,996,444 3,555,614
26 已發行存款證 26 Certificates of deposit issued
2016
港幣千元 港幣千元
HK$’000 HK$’000
非交易用途 Non-trading 10,593,445 10,388,272
27 財務狀況表所示的所得稅 27 Income tax in the statement of financial position
(a) 財務狀況表所示的本期稅項為： (a) Current taxation in the statement of financial position
represents:
2016
港幣千元 港幣千元
HK$’000 HK$’000
本年度香港利得稅準備 Provision for Hong Kong Profits Tax for
（附註13(a)） the year (note 13(a)) 437,512 344,233
已付暫繳利得稅 Provisional Profits Tax paid (261,490) (375,622)
176,022 (31,389)
海外稅項準備 Provision for overseas taxation 19,196 60,185
195,218 28,796
其中： Of which:
可收回稅項 Tax recoverable (187) (33,114)
本期稅項 Current taxation 195,405 61,910
195,218 28,796
116 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
27 財務狀況表所示的所得稅（續） 27 Income tax in the statement of financial position
(continued)
(b) 已確認的遞延稅項資產及負債 (b) Deferred tax assets and liabilities recognised
已於財務狀況表確認的遞延稅項（資產）╱ The components of deferred tax (assets)/liabilities recognised in the
負債的組合及本年度內的變動如下： statement of financial position and the movements during the year
are as follows:
折舊免稅額
超過有關 可供出售證券
折舊 貸款及墊款 重估調整
Depreciation 減值準備 物業重估 Revaluation
allowances in Impairment 調整 adjustments
excess of allowances Revaluation for available
related for loans adjustments -for-sale 其他 總額
depreciation and advances for properties securities Others Total
港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元
遞延稅項源自： Deferred tax arising from: HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
於2016年1月1日 At 1 January 2016 34,501 (61,915) 1,614 (35) (8,760) (34,595)
綜合收益表內撇銷╱ Charged/(credited) to income
（回撥） 附註13(a)） statement (note 13(a)) 10,455 10,593 (89) – 9,587 30,546
儲備內回撥 Charged to reserves – – – (12,780) 211 (12,569)
匯兌及其他調整 Exchange and other adjustments 61 (246) – – 106 (79)
於2016年12月31日 At 31 December 2016 45,017 (51,568) 1,525 (12,815) 1,144 (16,697)
於2015年1月1日 At 1 January 2015 34,263 (63,045) 1,621 18,271 (18,898) (27,788)
綜合收益表內撇銷╱ Charged/(credited) to income
（回撥） 附註13(a)） statement (note 13(a)) 260 1,118 (7) – 9,809 11,180
儲備內回撥 Credited to reserves – – – (18,306) – (18,306)
匯兌及其他調整 Exchange and other adjustments (22) 12 – – 329
於2015年12月31日 At 31 December 2015 34,501 (61,915) 1,614 (35) (8,760) (34,595)
2016
港幣千元 港幣千元
HK$’000 HK$’000
在財務狀況表確認的 Net deferred tax assets recognised on
淨遞延稅項資產 the statement of financial position (18,217) (36,312)
在財務狀況表確認的 Net deferred tax liabilities recognised on
淨遞延稅項負債 the statement of financial position 1,520 1,717
(16,697) (34,595)
(c) 未確認的遞延稅項資產 (c) Deferred tax assets not recognised
由於未來可能沒有適用於有關稅務機關的 The Group has not recognised deferred tax assets in respect of
應課稅溢利以彌補有關虧損，本集團並未 cumulative tax losses of HK$641,000 (2015: HK$2,624,000), as it is not
確認累計稅項虧損的遞延稅項資產為港幣 probable that future taxable profits against which the losses can be
641,000元（2015年：港幣2,624,000元）。根據 utilised will be available in the relevant tax jurisdiction and entity. The
現時稅務條列，這些稅項虧損沒有到期日。 tax losses do not expire under current tax legislation.
二零一六年報 117
Annual Report 2016
財務報表附註 Notes to the Financial Statements
28 債務資本 28 Loan capital
2016
港幣千元 港幣千元
HK$’000 HK$’000
年息率為6.875%，面值 Subordinated notes with
500,000,000美元的後償票據* US$500 million of 6.875% * 4,063,457 4,132,209
年息率為3.875%，面值 Subordinated notes with
300,000,000美元的後償票據** US$300 million of 3.875% ** 2,318,117 2,306,392
年息率為6.000%，面值 Subordinated notes with
300,000,000美元的後償票據*** US$300 million of 6.000% *** 2,324,263 2,327,616
8,705,837 8,766,217
* 2010年6月24日，本行根據於2007年12月推 * Under a US$2 billion Medium Term Note Programme (“the Programme”)
出2,000,000,000美 元 的 中 期 票 據 計 劃（「中 issued in December 2007 and the new Offering Circular issued in June
期票據計劃」）及於2010年6月發出的發售 2010, the Bank issued subordinated notes on 24 June 2010 with a face
通函，發行面值500,000,000美元（等值港幣 value of US$500 million (equivalent to HK$3,888.9 million). The notes
3,888,900,000元）， 發 行 年 息 率 為6.875%的 bear an interest rate of 6.875% per annum, payable semi-annually. The
後償票據。這些票據在新加坡交易所有限 notes are listed on the Singapore Exchange Securities Trading Limited
公司上市，並將於2020年6月24日到期。 and mature on 24 June 2020.
** 2012年9月27日， 本 行 根 據 以 上 的 中 期 ** Under the Programme and the new Offering Circular issued in August
票 據 計 劃 及 於2012年8月 發 出 的 發 售 通 2012, the Bank issued subordinated notes on 27 September 2012 with
函， 發 行 面 值300,000,000美 元（等 值 港 幣 a face value of US$300 million (equivalent to HK$2,326.1 million). The
2,326,100,000元）的後償票據，發行固定年 notes bear interest at a fixed rate of 3.875% per annum, payable semi-
息率為3.875%，每半年派息至2017年9月28 annually until 28 September 2017, and thereafter fixed at an interest
日止，若於本行其後沒有提早贖回票據， rate of the prevailing five-year US Treasury bonds yield plus 3.250% per
則其固定年息率為當時美國5年國庫債券孳 annum if the notes are not redeemed on or before the call date at the
息率加3.250%年利率。這些票據在新加坡 option of the Bank. The notes are listed on the Singapore Exchange
交易所有限公司上市，並將於2022年9月28 Securities Trading Limited and mature on 28 September 2022.
日到期。
*** 2013年11月7日， 本 行 根 據 以 上 的 中 期 *** Under the Programme and the new Offering Circular issued in October
票 據 計 劃 及 於2013年10月 發 出 的 發 售 通 2013, the Bank issued subordinated notes on 7 November 2013 with
函， 發 行 面 值300,000,000美 元（等 值 港 幣 a face value of US$300 million (equivalent to HK$2,325.8 million) and
2,325,800,000元）的後償票據，該後償票據 which qualified as Basel III-compliant Tier-2 capital. The notes bear
符合《巴塞爾協定三》的二級資本要求。後 interest at a fixed rate of 6.000% per annum, payable semi-annually until
償票據的票面年利率定於6.000%，每半年 7 May 2019, and thereafter fixed at the interest rate of the prevailing
派息至2019年5月7日止，若屆時未有行使 five-year US Treasury bonds yield plus 4.718% per annum if the notes
贖回權，票據的票面利率將根據當時5年期 are not redeemed on the call date. The notes are listed on the Hong
美國國庫債券孳息率加4.718%年利率重新 Kong Stock Exchange and mature on 7 May 2024.
釐訂。這些票據在香港交易及結算所有限
公司上市，並將於2024年5月7日到期。
118 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
29 資本及儲備 29 Capital and reserves
(a) 股本 (a) Share capital
(i) 已發行及繳足普通股： (i) Ordinary shares, issued and fully paid:
2016
股本 股本
股本數目 Share capital 股本數目 Share capital
Number 港幣千元 Number 港幣千元
of shares HK$’000 of shares HK$’000
於1月1日 At 1 January 7,283,341,176 7,566,271 7,283,341,176 7,566,271
年內發行的股份 Shares issued during the year
（附註(a)(ii)） (Note (a)(ii)) 1,800,000,000 1,800,000 – –
於12月31日 At 31 December 9,083,341,176 9,366,271 7,283,341,176 7,566,271
(ii) 年內發行的股份 (ii) Shares issued during the year
本 行 於2016年1月26日， 以 每 股 港 幣 The Bank issued a total of 1,800,000,000 ordinary shares at
1元向控股公司中信國際金融控股有 HK$1.00 each to its holding company, CITIC International
限 公 司 發 行 共1,800,000,000股 普 通 股 Financial Holdings Limited on 26 January 2016 (2015: Nil).
（2015年 ︰ 無）。
(b) 股息 (b) Dividend
本行截至2016年12月31日止年度內沒有宣派 No dividend was declared and paid during the year ended 31
股息（2015年 ︰ 無）。 December 2016 (2015: Nil).
(c) 儲備性質及目的 (c) Nature and purpose of components of reserves
(i) 資本儲備 (i) Capital reserve
資本儲備乃不可分派予股東。 The capital reserve is not available for distribution to
shareholders.
(ii) 一般儲備 (ii) General reserve
一般儲備是從保留溢利轉出一部份來 The general reserve was set up from the transfer of retained
設立，並且可分派予股東。 earnings, and is available for distribution to shareholders.
(iii) 匯兌差額儲備 (iii) Exchange differences reserve
匯兌差額儲備包括所有因換算海外業 The exchange differences reserve comprises all foreign
務的財務報表而產生的匯兌差額，並 exchange differences arising from the translation of the financial
根據附註2(p)所載的會計政策處理。 statement of foreign operations. The reserve is dealt with in
accordance with the accounting policies set out in note 2(p).
(iv) 物業重估儲備 (iv) Property revaluation reserve
物業重估儲備是根據附註2(i)所載的會 The property revaluation reserve is dealt with in accordance
計政策處理，並且不可分派予股東， with the accounting polices set out in note 2(i) and is not
因為根據新的香港《公司條例》（第622 available for distribution to shareholders because it does not
章）第6部的定義，這些儲備不屬於已 constitute realised profits within the meaning of Part 6 of the
實現溢利。 new Hong Kong Companies Ordinance (Cap. 622).
(v) 現金流量對沖儲備 (v) Cash flow hedging reserve
現金流量對沖儲備包括與對沖交易相 The cash flow hedging reserve comprises the effective portion
關的現金流量對沖工具的累計公允價 of the cumulative net change in the fair value of cash flow
值淨變動的有效部份。 hedging instruments related to hedged transactions.
二零一六年報 119
Annual Report 2016
財務報表附註 Notes to the Financial Statements
29 資本及儲備（續） 29 Capital and reserves (continued)
(c) 儲備性質及目的（續） (c) Nature and purpose of components of reserves (continued)
(vi) 投資重估儲備 (vi) Investment revaluation reserve
投資重估儲備包括於結算日持有的可 The investment revaluation reserve comprises the cumulative
供出售證券的累計淨公允價值變動， net change in the fair value of available-for-sale securities
並 根 據 附 註2(e)(ii)所 載 的 會 計 政 策 處 held at the end of the reporting period and is dealt with in
理。 accordance with the accounting policies in note 2(e)(ii).
(vii) 法定盈餘公積 (vii) Statutory reserve
根據中國相關法例規定，中信銀行國 Under the relevant legislation of mainland China, CBI (China)
際（中國）需要從其每年的稅後溢利中 is required to transfer 10% of its profit after taxation to a non-
轉撥10%作為不能分派予股東的法定盈 distributable statutory reserve until such reserve has reached
餘公積，直至法定盈餘公積達至法定 50% of its registered share capital.
股本之50%的水平。
(viii) 法定一般儲備 (viii) Regulatory general reserve
根 據 中 國 銀 行 法 規， 中 信 銀 行 國 際 Pursuant to the banking regulations of mainland China, CBI
（中國）需設立法定一般儲備，透過從 (China) is required to set up a regulatory general reserve through
當年度的利潤分配，直接轉撥提取一 a direct transfer from the current year’s profit appropriation, as
般準備以彌補未被認定的潛在損失風 determined based on the 1% of the total risk assets at the end
險，提取的考慮是基於風險資產在結 of the reporting period to cover its unidentified potential loss
算日的總賬面值的1%計算。法定一般 exposures. The regulatory general reserve forms part of the
準備是組成本集團權益的其中一部份。 equity of the Group.
(ix) 保留溢利 (ix) Retained profits
為 符 合 香 港《銀 行 業 條 例》有 關 審 慎 A regulatory reserve is maintained to satisfy the provisions of
監管的規定，本行需在規管儲備中維 the Hong Kong Banking Ordinance for prudential supervision
持超過已經確認減值損失的將會或 purposes by earmarking amounts in respect of impairment
可能產生的貸款及墊款的減值損失 losses recognised which the Bank will or may incur on loans
金 額。 經 諮 詢 金 管 局 後， 儲 備 的 變 and advances. Movements in the reserve are earmarked directly
動已直接在保留溢利內劃定。於2016 through retained profits and in consultation with the HKMA. At
年12月31日，保留溢利中包括與此有 31 December 2016, HK$2,805,429,000 (2015: HK$2,571,972,000)
關並屬可派發予本行股東的金額為 was included in the retained profits in this respect, which
港 幣2,805,429,000元（2015年： 港 幣 was distributable to equity holders of the Bank subject to
2,571,972,000元）。 但 於 派 發 前 本 行 須 consultation with the HKMA.
諮詢金管局。
(d) 儲備的可分派性 (d) Distributability of reserve
於2016年12月31日，根據新的香港《公司條 At 31 December 2016, the aggregate amount of reserves available for
例》（第622章）的規定作為計算，可供分派 distribution to equity shareholders of the Bank, as calculated under
予本行股東的儲備總額為港幣12,534,568,000 the provision of Part 6 of the new Hong Kong Companies Ordinance
元（2015年 ︰ 港 幣10,151,327,000元）。 以 上 (Cap. 622), was HK$12,534,568,000 (2015: HK$10,151,327,000).
可供分派的儲備港幣12,534,568,000元（2015 The difference between the aggregate distributable reserves of
年：港幣10,151,327,000元）與根據附註42(b) HK$12,534,568,000 (2015: HK$10,151,327,000) and the Bank’s retained
所報告本行的保留溢利港幣15,414,382,000元 profits of HK$15,414,382,000 (2015: HK$12,788,138,000) as reported in
（2015年：港幣12,788,138,000元）之間的差額 note 42(b) mainly represents the inclusion of general reserves and the
主要是包含一般儲備及剔除投資物業的未實 exclusion of unrealised revaluation gains on investment properties
現重估收益及上述的本行監管儲備。 and the above regulatory reserve of the Bank.
120 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
30 額外權益工具 30 Additional equity instruments
2016
港幣千元 港幣千元
HK$’000 HK$’000
面值300,000,000美元的永續型 Undated non-cumulative subordinated capital
非累積後償資本證券* securities with US$300 million* 2,310,168 2,310,168
面值500,000,000美元的永續型 Undated non-cumulative subordinated capital
非累積後償資本證券** securities with US$500 million** 3,863,084 –
6,173,252 2,310,168
* 根 據 於2007年12月 發 行 的2,000,000,000美 * Under a US$2 billion Medium Term Note Programme (“the
元 的 中 期 票 據 計 劃（「該 計 劃」）和 於2014 Programme”) issued in December 2007 and the new Offering Circular
年4月 頒 佈 的 新 發 售 通 函， 本 行 於2014年 issued in April 2014, the Bank issued a Basel III compliant Undated
4月22日 發 行 符 合《巴 塞 爾 協 定 三》面 值 Non-Cumulative Subordinated Additional Tier 1 Capital Securities (the
300,000,000美 元（等 值 港 幣2,313,470,000 “AT1 Capital Securities”) on 22 April 2014 with a face value of US$300
元）的永續型非累積後償額外一級資本證 million (equivalent to HK$2,313.47 million). The AT1 Capital Securities
券（「額 外 一 級 資 本 證 券」）。 此 額 外 一 級 are perpetual and bear a 7.250% coupon until the first call date on 22
資 本 證 券 並 無 固 定 到 期 日 及 於2019年4月 April 2019. The coupon will be reset every five years if the AT1 Capital
22日首個提前贖回日期前，票面年利率為 Securities are not redeemed to a fixed rate equivalent to the then-
7.250%。若屆時未有行使贖回權，票面年 prevailing five-year US Treasury rate plus 5.627% per annum.
利率將按當時5年期美國國庫債券息率加年
利率5.627%每五年一次重新釐訂。
根據條款及條件，額外一級資本賦予持有 According to the terms and conditions, the AT1 Capital Securities
人按本金收取非累計分派的權利（受已既 confer a right to receive non-cumulative distributions (each a
定的非可行性情況出現時須作調整），包 Distribution) on the principal amount (subject to adjustments following
括自發行日的適用分派率，及於每年的4 the occurrence of a non-viability event as defined) from, and including,
月22日和10月22日派半年息一次。本行可 the issue date at the applicable distribution rate, payable semi-annually
以自行決定，選擇取消分派付款或贖回額 in arrear on 22 April and 22 October each year. The Banks may, at its
外 一 級 資 本， 但 需 得 到 金 管 局 的 事 先 書 sole discretion, elect to cancel the distribution payment or redeem
面同意。截至2016年12月31日年內的分派 the AT1 Capital Securities, which are subject to prior written consent
付 款 的 支 付 為21,750,000美元（相當於港幣 of the HKMA. A distribution payment of US$21,750,000 (equivalent to
168,735,000元） 2015年：21,750,000美元（相當 HK$168,735,000) was paid during the year ended 31 December 2016
於港幣168,567,000元））。 (2015: US$21,750,000, equivalent to HK$168,567,000).
** 根 據 於2007年12月 發 行 的2,000,000,000美 ** Under a US$2 billion Medium Term Note Programme (“the Programme”)
元的中期票據計劃和於2016年8月及9月各 issued in December 2007 and the new and supplemental offering
自 頒 佈 的 新 發 售 通 函 和 補 充 通 函， 本 行 circulars issued in August and September 2016, respectively, the Bank
於2016年9月29日 為 符 合《巴 塞 爾 協 定 三》 priced its US$500 million Basel III compliant Undated Non-Cumulative
500,000,000美元的永續型非累積後償額外 Subordinated Additional Tier 1 Capital Securities (“AT1 Capital
一級資本證券（「額外一級資本證券」）定 Securities”) with the legal binding subscription agreements signed on
價，並簽署具有法律約束力的認購協議。 29 September 2016. The AT1 Capital Securities with a face value and
此 面 值 及 本 金500,000,000美 元（等 值 港 幣 principal amount of US$500 million (equivalent to HK$3,877.86 million)
3,877,860,000元）額 外 一 級 資 本 證 券 於 香 are perpetual and listed on the Stock Exchange of Hong Kong Limited,
港聯合交易所有限公司上市及無固定到期 and bear a 4.25% per annum distribution rate until the first call date
日，於2021年10月11日首個提前贖回日期 on 11 October 2021. The distribution rate will be reset every five years
前的分派息率為年利率4.25%。若屆時未有 if the AT1 Capital Securities are not called by the Bank to a fixed rate
行使贖回權，此分派息率的年利率將按當 equivalent to the then-prevailing five-year US Treasury rate plus 3.107%
時5年期美國國庫債券息率加年利率3.107% per annum.
每五年一次重新釐訂。
二零一六年報 121
Annual Report 2016
財務報表附註 Notes to the Financial Statements
30 額外權益工具（續） 30 Additional equity instruments (continued)
根據條款及條件，額外一級資本賦予持有 According to the terms and conditions, the AT1 Capital Securities
人按本金收取非累計分派（每次分派）的權 confer a right to the holders to receive non-cumulative distributions
利，包括自發行日的適用分派率，及於每年 on the principal amount from, and including, the issue date at the
的4月11日和10月11日派半年息一次。本行 applicable distribution rate, payable semi-annually in arrear on 11
可以自行決定，選擇取消分派付款或贖回額 April and 11 October in each year. The Bank may, at its sole discretion,
外一級資本，但需得到金管局的事先書面同 elect to cancel the distribution payment or redeem the AT1 Capital
意。本行可根據既定的非可行性情況出現時 Securities subject to prior written consent of the HKMA. The
及所載條款及條件減值未償還額外一級資本 outstanding amount of AT1 Capital Securities can be written down by
的總額。根據香港《金融機構（處置機制） the Bank following the occurrence of a non-viability event as defined
條例》（第628章）中賦予自救權力，當非可 and set out in the terms and conditions. At the sole discretion of the
行性事件發生時，本行可行使相關香港處置 relevant Hong Kong Resolution Authority following a non-viability
權自行決定調整未償還額外一級資本總額。 event, the outstanding amount of AT1 Capital Securities can be
adjusted upon the exercise of Hong Kong Bail-in Power in accordance
with the Hong Kong Financial Institutions (Resolution) Ordinance
(Cap.628).
31 僱員退休計劃 31 Staff retirement scheme
本集團設有一項界定供款公積金計劃（「該 The Group has a defined contribution provident fund scheme
退休計劃」）；據此，本集團須作出相當於僱 (“the Retirement Scheme”) under which it contributes 10% of the
員基本薪金10%的供款。該退休計劃是一個 employees’ basic salaries. The Retirement Scheme is a Mandatory
強積金豁免計劃，涵蓋範圍遍及本集團的所 Provident Fund (“MPF”) exempted scheme and covers all permanent
有全職僱員。僱員毋須作出任何供款。如果 full-time employees of the Group. No employee contributions are
僱員在獲得全數供款前離職，本集團不得將 required. Contributions forfeited by leavers prior to vesting fully may
僱員所放棄的供款用作減少現時的供款額， not be used by the Group to reduce the existing level of contribution,
而需將有關供款撥入一個獨立的福利基金， but are transferred to a separate welfare fund which shall be applied
作為該退休計劃成員的福利金。 for the welfare of the Retirement Scheme’s members.
除了該退休計劃外，本集團自2000年12月1 In addition to the Retirement Scheme, the Group has also participated
日起，也參與一項認可強積金計劃，為現有 in an approved MPF scheme effective from 1 December 2000 to
及新聘的僱員提供計劃選擇。本集團已根據 provide a choice of schemes to both existing and new employees.
強積金計劃提供等同強制部份的福利。 Mandatory benefits are provided under the MPF Scheme.
本 年 度 內， 本 集 團 就 這 些 計 劃 作 出 的 供 During the year, the Group contributed approximately HK$91,652,000
款 約 為 港 幣91,652,000元（2015年： 港 幣 (2015: HK$82,115,000) (note 10(a)) to these schemes.
82,115,000元）（附註10(a)）。
122 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
32 現金及現金等值項目 32 Notes to consolidated cash flow statement
2016
港幣千元 港幣千元
HK$’000 HK$’000
(a) 經營溢利與經營業務之 (a) Reconciliation of operating profit to net cash flow
現金淨額的對賬 (used in)/from operating activities
經營業務 Operating activities
稅前溢利 Profit before taxation 3,053,239 2,601,446
非現金項目調整： Adjustments for non-cash items:
客戶貸款及墊款及其他 Impairment losses on loans and
賬項減值虧損準備 advances and other accounts 552,959 667,677
出售可供出售證券淨收益 Net gain on disposal of available-for-sale securities (129,729) (59,715)
出售物業及設備淨 Net (gain)/loss on disposal of property and
（收益）╱虧損 equipment (15)
投資物業重估收益 Revaluation gain on investment properties (9,546) (3,046)
遞延支出攤銷 Amortisation of deferred expenses 36,571 121,632
物業及設備折舊 Depreciation on property and equipment 150,220 135,135
權益證券股息收入 Dividend income from equity securities (6,098) (6,294)
債務資本利息支出 Interest expense on loan capital 504,064 503,309
匯兌差額 Foreign exchange differences (107,715) (373,269)
營運資金變動前的經營溢利 Operating profit before changes in working Capital 4,043,950 3,587,605
經營資產（增加）╱減少 (Increase)/decrease in operating assets
原到期日超過3個月的在銀 Placements with and advances to banks,
行、中央銀行及其他金 central banks and other financial institutions
融機構的存款及墊款 with original maturity beyond 3 months 3,096,013 (42,678)
原到期日超過3個月的 Treasury bills with original maturity
國庫券 beyond 3 months 5,851,710 (7,875,416)
原到期日超過3個月的 Certificates of deposit held with original
持有存款證 maturity beyond 3 months (4,081,411) (7,651,121)
交易用途資產 Trading assets (1,304,181) (986,206)
客戶貸款及墊款及 Loans and advances to customers and
其他賬項 other accounts (18,412,937) (20,483,681)
可供出售證券 Available-for-sale securities (6,746,042) (8,111,502)
(21,596,848) (45,150,604)
經營負債增加╱（減少） Increase/(decrease) in operating liabilities
銀行及其他金融機構的 Deposits and balances of banks and
存款及結存 other financial institutions 2,598,359 (1,471,100)
客戶存款 Deposits from customers 14,883,011 31,742,004
交易用途負債 Trading liabilities 440,830 580,807
已發行存款證 Certificates of deposit issued 201,380 (3,509,246)
其他負債 Other liabilities (2,298,988) 4,597,056
15,824,592 31,939,521
用於經營業務的現金額 Cash used in operating activities (1,728,306) (9,623,478)
二零一六年報 123
Annual Report 2016
財務報表附註 Notes to the Financial Statements
32 現金及現金等值項目（續） 32 Notes to consolidated cash flow statement (continued)
2016
港幣千元 港幣千元
HK$’000 HK$’000
(a) 經營溢利與經營業務之 (a) Reconciliation of operating profit to net cash flow
現金淨額的對賬（續） (used in)/from operating activities (continued)
用於經營業務的現金額 Cash used in operating activities (1,728,306) (9,623,478)
已付所得稅 Income tax paid
已付香港利得稅 Hong Kong Profits Tax paid (197,426) (389,223)
已付海外稅項 Overseas tax paid (62,553) (52,565)
用於經營業務的現金淨額 Net cash flow used in operating activities (1,988,285) (10,065,266)
經營業務產生的現金 Cash flows from operating
流量包括： activities include:
已收利息 Interest received 6,891,019 6,578,774
已付利息 Interest paid (2,599,419) (2,847,156)
(b) 現金及現金等值項目 (b) Analysis of the balances of cash
的結存分析 and cash equivalents
現金及在銀行、中央銀行及 Cash and balances with banks, central banks and
其他金融機構的結存 other financial institutions 26,458,664 19,497,229
在銀行、中央銀行及其他 Placements with and advances to banks, central
金融機構的存款及墊款 banks and other financial institutions with original
（原於3個月內到期） maturity within 3 months 18,304,676 22,453,326
國庫券及持有的存款證 Treasury bills and certificates of deposit held
（原於3個月內到期） with original maturity within 3 months:
－可供出售證券 – Available-for-sale securities 9,753,931 9,744,861
54,517,271 51,695,416
124 中信銀行（國際）有限公司
CHINA CITIC BANK INTERNATIONAL LIMITED
財務報表附註 Notes to the Financial Statements
33 用作負債抵押的資產及抵押品接受作 33 Assets pledged as security for liabilities and collateral
為抵押資產 accepted as security for assets
2016
港幣千元 港幣千元
HK$’000 HK$’000
用作負債抵押的資產 Assets pledged as security for liabilities
用作抵押可供出售證券的 Available-for-sale securities pledged for
法定存款（附註(1)） statutory deposit (Note 1) 85,304 85,541
用作抵押可供出售證券的 Available-for-sale securities pledged for
個人負債（附註(2)） own liabilities (Note 2) – 77,800
85,304 163,341
抵押品接受作為抵押資產 Collateral accepted as security for assets
允許出售或在沒有違約轉押抵 Fair value of the collateral permitted to sell or
押品的公允價值（附註3） repledge in the absence of default (Note 3) – 1,592,835
附註： Note:
(1) 用作抵押的資產是指於結算日抵押予美國 (1) The assets pledged represented statutory deposits pledged by the
貨幣監理處的法定存款。 overseas branches of the Bank to the Office of the Comptroller of the
Currency in the United States.
(2) 於2015年， 根 據 銷 售 和 回 購 交 易 之 擔 保 (2) At 31 December 2015, the assets pledged regarded as ‘collateral’
責任，視為「抵押品」的抵押資產為港幣 under the s
