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.


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