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Learn Chinese online - Banking: ICBC reports 61% growth in profits

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BIZCHINA / Biz Media Digest

Banking: ICBC reports 61% growth in profits

(Xinhua)
Updated: 2007-08-24 14:30

The Industrial and Commercial Bank of China (ICBC), the country's largest
lender, Thursday reported a 61.4-percent increase in after tax profits in
the first half of the year.

Profits rose to 41.4 billion yuan (US$5.45 billion) for the January-June
period, up 25.7 billion yuan in the same period a year ago, according to
the bank's half-year report.

(For more biz stories, please visit Industry Updates)

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