19 July 2019

China Construction Bank net profit up 11.1% in 2013, filing says

China Construction Bank Corp. (CCB) (00939.HK, 601939.CN) said in a regulatory filing on Sunday its net profit for 2013 grew 11.12 percent to 215.12 billion yuan (US$34.66 billion) from the previous year. Assets as of end-2013 rose 9.95 percent to 15.36 trillion yuan and deposits were up 7.76 percent at 12.22 trillion yuan. Net income from interest increased 10.29 percent to 36.34 billion yuan, while non-performing loans (NPL) spiked 10.64 billion yuan to 85.26 billion yuan, bringing the NPL ratio to 0.99 percent, the report said.

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