Arab Today, arab today bank of china\s profit rises 13
Last Updated : GMT 00:00:56
Arab Today, arab today
Arab Today, arab today

Bank of China\'s profit rises 13%

Arab Today, arab today

Arab Today, arab today Bank of China\'s profit rises 13%

Beijing - XINHUA

Bank of China, one of the country\'s big four lenders, said Wednesday its net profit in the first nine months ending September rose 13.2 percent from a year earlier to reach 120.2 billion yuan (19.6 billion U.S. dollars). Earnings per share stood at 0.43 yuan, up 13.2 percent from a year ago, the Beijing-based lender said in a filing to the Shanghai and Hong Kong stock exchanges. Bank of China said its net interest income amounted to 208.2 billion yuan in the first nine months, representing an increase of 18.8 billion yuan or 9.9 percent from a year ago. Impairment losses on assets amounted to 18.7 billion yuan, a jump of 5 billion yuan or 36.89 percent compared with the same period in 2012, the lender said in the statement. In particular, impairment losses on loans and advances amounted to 18.2 billion yuan, representing a year-on-year increase of 4.6 billion or 33.4 percent. The credit cost was 0.34 percent, an increase of 0.07 percentage points from a year earlier. Bank of China reported non-performing loans totalling 72.1 billion yuan, and the ratio of non-performing loans to total loans was 0.96 percent. The ratio of allowance for loan impairment losses to non-performing loans was 232.9 percent, it said. Bank of China said its core capital adequacy ratio, calculated on the basis of Chinese regulations, stood at 10.44 percent on Sept. 30 this year, while capital adequacy ratio was 13.29 percent. Shares of Bank of China rose 0.36 percent to close at 2.82 yuan per share in the Shanghai A-share market. In Hong Kong, Bank of China gained 2.26 percent to close at 3.62 HK dollars (59 U.S. cents) each share.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bank of china\s profit rises 13 Arab Today, arab today bank of china\s profit rises 13

 



Arab Today, arab today
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Top Yemen commander killed

GMT 09:55 2017 Wednesday ,22 February

Top Yemen commander killed
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday