Huaxia Bank H1 profit rises 20% as fee in­come surges

China Daily (Hong Kong) - - BUSINESS DIGEST -

Huaxia Bank Co, partly owned by Deutsche Bank AG, said first-half profit rose 20 per­cent as lend­ing and fee in­come growth off­set a jump in bad-loan charges. Net in­come climbed to 7.3 bil­lion yuan ($1.2 bil­lion) in the six months ended June 30, from 6.1 bil­lion yuan a year ear­lier, the Bei­jing-based lender said in a state­ment to the Shang­hai Stock Ex­change on Thurs­day.

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