皇冠体育app

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皇冠体育app's listed banks H1 net profit up 46%

2010-08-30 15:01

BEIJING - 皇冠体育app'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 皇冠体育app, 皇冠体育app Construction Bank, Bank of 皇冠体育app, and Agricultural Bank of 皇冠体育app, 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, 皇冠体育app Merchants Bank, and 皇冠体育app CITIC Bank, had reported net profits exceeding 10 billion yuan each.

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