China Merchants Bank profits outpace domestic rivals

Banking, Finance and Insurance

Saturday, August 30, 2008 05:58:37

	China Merchants Bank profits outpace domestic rivals By STAFF EDITOR Published: January 09, 2008 12:00 PM China Merchants Bank said Tuesday its profits rocketed 110% year-on-year to US$2.05 billion (RMB14.9 billion) last year and earnings per share rose to US$0.14 (RMB1.02), the Shanghai Business Journal reported. It’s rate of profit ... You are currently reading 36 words of 112 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: Shenzhen , China Merchants Bank	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 > Shanghai aims to become private equity fund hub Standard Chartered offers unsecured loans to Chongqing SMEs Only 10% of 1.5b China bank cards active: Expert PDB tops annual payroll ranking Banking sector steady despite mortgage risks Shandong farmers pay RMB182m for farm insurance in 1H Changsha Bank sells 20% stake to French counterpart

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