Reuters logo
BRIEF-Bank of Communications posts FY net profit of RMB 67.21 billion
March 28, 2017 / 8:37 AM / 6 months ago

BRIEF-Bank of Communications posts FY net profit of RMB 67.21 billion

March 28 (Reuters) - Bank Of Communications Co Ltd

* FY net interest income RMB 134,871 million versus RMB 144,172 million a year ago

* FY net profit RMB 67,210 million versus RMB 66,528 million a year ago

* As at Dec 31, capital adequacy ratio was 14.02 percent versus 13.49 percent a year ago

* “Commercial banks will face with huge pressures and great challenges in operations and management”

* Group’s increase in total assets is expected to be not lower than 5% in 2017

* FY net interest spread and net interest margin decreased by 31 and 34 basis points on a year-on-year basis to 1.75% and 1.88% respectively Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below