China Merchants Bank profits up 11.4pc on higher net interest income, improved asset quality

Published: 18/08/2017
China Merchants Bank profits up 11.4pc on higher net interest income, improved asset quality
Source: WWW.SCMP.COM

China Merchants Bank, mainland China’s first joint-stock commercial bank, posted profits for the first half of 2017 that were 11.4 per cent higher compared to the same period last year, the bank said in a filing to the Hong Kong stock exchange late on Friday. The results suggest that mainland China’s other large banks will report solid figures when they publish their interim results la

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