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Business / Markets

Bank of China has 10% growth

(China Daily) Updated: 2012-04-27 12:08

Bank of China Ltd, the country's third-biggest lender by assets, posted 10 percent growth in its first-quarter profit as a slowdown in the world's second-largest economy curtailed loan expansion and margins.

Net income climbed to 36.8 billion yuan ($5.8 billion) from 33.4 billion yuan a year earlier, according to stock exchange filings by the Beijing-based lender.

China Daily - Agencies

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