Bank profits up 69% in 2007

Banking, Finance and Insurance

Friday, October 10, 2008 21:05:52

	Bank profits up 69% in 2007 By STAFF EDITOR Published: February 13, 2008 12:00 PM Booming earnings from private wealth management products pushed profits at Chinese banks up 68.7% last year after regulators cut taxes on interest earnings, the Oriental Morning Post reported, citing the central bank’s ... You are currently reading 34 words of 104 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Central Bank , China Banking , tax , wealth management , management	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Desire to invest in stocks, real estate hits 10-year low Banking sector steady despite mortgage risks Standard Chartered offers unsecured loans to Chongqing SMEs Beijing Rural Bank’s Q1 net profit up 38% Power distributer to buy 20% Guangzhou Securities stake Shenzhen bank boss gets US$3.24m in compensation for ’07 Sino-Canadian life insurer enters Guangdong

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