China's ICBC, the world's biggest bank, posts 10% Q3 profit rise

By Reuters News

- Industrial and Commercial Bank of China 601398.SS, , the world's largest lender by assets, reported on Friday a 9.97% rise in the third-quarter net profit.

Net profit was 111.958 billion yuan ($16.82 billion) for the three months ended September 30, compared to 101.805 billion yuan in the same period last year, the bank said in a filing.



($1 = 6.6552 Chinese yuan renminbi)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.