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BIZCHINA> Reports
China Construction Bank net profit declines 18.2% in Q1
(chinadaily.com.cn)
Updated: 2009-04-25 10:31

China Construction Bank's first-quarter net profit fell 18.2 percent from a year earlier to 26.3 billion yuan ($3.85 billion), the bank announced Friday.

Related publication:

China Construction Bank net profit declines 18.2% in Q1



 
Interest income was 50.87 billion yuan, down 6.55 percent, reflecting the central bank's five interest rate cuts since September, it said.

As of the end of March, non-performing loans totaled 81.9 billion yuan, down 1.95 billion yuan from the end of last year. Its non-performing loan ratio was 1.9 percent, down 0.3 percentage points from the end of 2008...

The full text is available in the April Issue of China Banking. Please visit publications for more subscription details.


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