- CNTV English - CCTV News

Homepage > News > Biz >

China's listed banks H1 net profit up 46%

08-30-2010 15:32 BJT

BEIJING - China's listed banks reported a 45.67-percent rise in combined net profits year-on-year during the first half.

Combined net profits of the 16 listed banks reached 343.4 billion yuan ($50.5 billion), according to figures in their first-half business reports released by the banks.

Shanghai Pudong Development Bank said late Sunday in a statement filed with the Shanghai Stock Exchange that its first-half net profits rose 33.92 percent due largely to a lending boom and increased commission fees, reaching 9.08 billion yuan.

Bank of Beijing announced Sunday its first-half net profit jumped 33.47 percent year-on-year to hit 3.9 billion yuan.

Of the 16 listed banks, Industrial and Commercial Bank of China, China Construction Bank, Bank of China, and Agricultural Bank of China, or the "big four" commercial banks, accounted for 74.5 percent of the total net profits, with ICBC being the top earner reporting 84.6 billion yuan of net profit.

Three other banks, including the Bank of Communications, China Merchants Bank, and China CITIC Bank, had reported net profits exceeding 10 billion yuan each.

Editor:Xiong Qu |Source: China Daily

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program