08:10 am - Thursday 09 February 2012
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Chinese Banks Post Profit Jumps

By musiclover - Wed Aug 18, 3:06 pm

Bank of Communications Co. posted a 30% rise in first-half net profit on wider lending margins and higher interest and fee income, but its result was eclipsed by smaller rival China Merchants Bank Co., whose first-half earnings jumped 60% from a year earlier.

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