Arab Today, arab today icbc 2013 profits up 102
Last Updated : GMT 07:45:36
Arab Today, arab today
Arab Today, arab today

ICBC 2013 profits up 10.2%

Arab Today, arab today

Arab Today, arab today ICBC 2013 profits up 10.2%

Beijing - XINHUA

The Industrial and Commercial Bank of China (ICBC), the country's largest bank, on Thursday reported a 10.2-percent increase in its net profits in 2013. The bank's net profits stood at 263 billion yuan (42.42 billion U.S. dollars) last year, according to the company's financial report. ICBC planned to set aside nearly 92 billion yuan, or about 35 percent of the net profits, as cash dividends to its shareholders. At the end of 2013, ICBC's non-performing loans ratio was 0.94 percent, up 0.09 percentage points from the previous year. Its provision coverage ratio was 257.19 percent. The bank cut lending in risky sectors. Last year, outstanding loans to local government financing vehicles, property developers and industries with serious overcapacity problems declined by 94.3 billion yuan, 8.6 billion yuan and 19.9 billion yuan, respectively. ICBC also made progress in global business. Its overseas assets reached 209.2 billion U.S. dollars at the end of 2013, surging 28.5 percent year on year.

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 icbc 2013 profits up 102 Arab Today, arab today icbc 2013 profits up 102

 



Arab Today, arab today

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 icbc 2013 profits up 102 Arab Today, arab today icbc 2013 profits up 102

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
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