China Everbright Bank Net income in H1 tumbles 47%
August 12, 2009, Wednesday
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Print Edition
Print Edition
CHINA Everbright Bank reported a net profit of 3.43 billion yuan (US$502 million) in the first half, down 46.99 percent year on year, said a statement on the bank's Website yesterday.
The bank's outstanding loans soared 31.6 percent to 616.5 billion yuan since January, while its non-performing loan narrowed by 640 million yuan to 8.73 billion yuan by the end of June.
The bank's outstanding loans soared 31.6 percent to 616.5 billion yuan since January, while its non-performing loan narrowed by 640 million yuan to 8.73 billion yuan by the end of June.
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