China’s top bank ICBC’s profit up 3%

The Hindu Business Line - - BANKING -

In­dus­trial and Com­mer­cial Bank of China (ICBC), the coun­try's big­gest-listed lender by as­sets, re­ported on Mon­day a 3.3 per cent rise in net profit for the third quar­ter. State-con­trolled ICBC, one of the world’s top banks by mar­ket cap­i­tal­i­sa­tion and as­sets, posted net profit of 75 bil­lion yuan ($11.28 bil­lion) for the three months through Septem­ber, against 72.6 bil­lion yuan in the same pe­riod a year ear­lier.

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