15
Sep

Another large state-owned Bank of China’s mid-year report released today shows that the bank’s total assets close to 10 trillion yuan, achieving after-tax profit to shareholders entitled to 52.022 billion yuan, an increase of 26.87%.

It is noteworthy that, as of the end 6, the bank holds a “two room” book value of debt of 8.19 billion; hold Portugal, Ireland, Italy, Greece and Spain, five European countries face value of 3.395 billion yuan bond various types of institutions, This means that Bank of China, the first half of the five countries in total debt reduction of 3.625 billion yuan.

Analysts point of view: in the second half performance increase or narrow banking

Currently, in addition to the Agricultural Bank and three other, the 16 listed banks have 12 release reported accumulated net income of 283.313 billion yuan, which accounted to 29.86% of ICBC. From the net profit growth of the Industrial Bank, China CITIC Bank, Nanjing Bank and China Merchants Bank are more than 40% increase in performance.

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