Arab Today, arab today bank of china\s profit rises 13
Last Updated : GMT 09:23:59
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.

arabstoday
arabstoday

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

 



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 Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Tillerson heads to Gulf, downbeat

GMT 09:23 2017 Friday ,20 October

Tillerson heads to Gulf, downbeat
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Hussein Fahmy happy for honoring in festival

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
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