China Everbright Bank is a powerful banking institution, with total assets reaching 6,834.9 billion yuan as of the end of September 2023, an increase of 8.5 percent from the end of the previous year5%。At the same time, the total amount of loans was 3,761.3 billion yuan, an increase of 53%, and the balance of deposits was 4,085.4 billion yuan, an increase of 43%。These figures show that CEB has achieved steady growth in terms of operating scale. In terms of operating income, in the first three quarters of this year, Everbright Bank achieved 1,122The operating income of 300 million yuan, although it decreased compared with the same period last year, but the net profit reached 379100 million yuan, a year-on-year increase of 31%。This shows that CEB has strengthened in terms of profitability.
CEB has been actively expanding its digital service business, with payroll payment as the core entry point. The platform is an enterprise administrative management service platform for China Everbright Bank to provide digital services such as human resources, finance, taxation and collaborative office for corporate customers. By deepening its comprehensive deposit management activities, CEB has strengthened its ability to obtain funds at source, strengthened the public-private linkage to develop the agency issuance business, and launched the Xinyuetong platform. Xinyuetong provides a wealth of service functions, including salary management, individual income tax management, personnel management, organization management, attendance and leave, process management and platform management, etc., to meet the needs of enterprises in personnel, salary, individual income tax, salary payment and other aspects.
The platform also focuses on solving the security and convenience problems of enterprises in the payroll process. For businesses, the security of funds and the confidentiality of information are the primary considerations. Therefore, CEB ensures the confidentiality of payroll data by connecting with each link of customer fund transfer. In addition, the platform also provides the confidentiality function of the detailed data of the agent, the real-time verification of the delivery information and the function of viewing the delivery list. After the payroll is completed, the enterprise can choose to automatically generate payslips or custom payslips, and push them to the Payroll Employee Mini Program used by employees, so that employees can easily make self-service inquiries. The employee applet also provides employees with services such as attendance punching, overtime leave application, and payroll inquiry to meet the personalized needs of employees.
CEB has made remarkable achievements in digital transformation and was awarded the "Fintech Enabling Business Innovation Award" by the Fintech Conference. CEB actively promotes the digital transformation and upgrading of services on its internet platform, strengthens refined business operations, and deepens technology and data empowerment. In the future, CEB will continue to build an open enterprise administrative management service platform focusing on the internal office of small, medium and micro enterprises and the industrial and commercial tax processing. By continuing to expand its services such as payroll payment and fund settlement, as well as providing convenient, rich and diversified online financing services, CEB will further help enterprises improve production and operation efficiency and enhance their core competitiveness.
As an editor, I would like to express my appreciation for CEB's digital transformation and innovative services. Through the Xinyuetong platform, CEB provides one-stop digital services for corporate customers, covering various fields such as human resources, finance, taxation, etc., and solves many management problems for enterprises. The security and convenience of the platform also further enhance the experience of enterprises and employees. I believe that with the deepening of digital transformation, CEB will play a greater role in the financial services sector and bring more convenience and benefits to corporate customers."
In short, through digital transformation and innovative services, CEB's platform provides corporate customers with one-stop digital services in various fields such as human resources, finance, and taxation. The security and convenience of the platform also provide great convenience for enterprises and employees. CEB actively promotes digital transformation to help enterprises improve their efficiency and competitiveness. I would like to express my appreciation for CEB's digital transformation strategy and look forward to CEB's greater development in the financial services sector.