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Banking, Finance and Insurance

Beijing Rural Bank’s Q1 net profit up 38%
By STAFF EDITOR
Published: April 16, 2008 04:01 PM
Beijing Rural Commercial Bank posted a net profit of US$125.42 million (RMB877 million) in the first quarter, up 38.04% year-on-year, the China Securities Journal reported. Non-performing loans (NPLs) were reduced by US$32.32 million (RMB226 million) to US$919.13 million (RMB6.427 billion), dropping its ...
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