SHANGHAI: China Construction Bank Corp (CCB) , the country’s second-biggest lender by assets, posted a 1.4 percent rise in first-quarter net profit on Friday.
The last one of China’s Big Five banks to report first-quarter earnings, CCB said in a statement its profit reached 67.95 billion yuan ($10.5 billion) in the three months through March from 67 billion yuan in the same period a year earlier.
CCB’s non-performing loan ratio rose to 1.63 percent by end-March, from 1.58 percent at the end of 2015.
Copyright Reuters, 2016
Courtesy : BRecorder