China Minsheng Bank's revenue up 11.16% in H1

BEIJING - China Minsheng Bank (CMBC) saw its operating revenue rise 11.16 percent year-on-year in the first half (H1) of 2020, company data showed.

The bank's total operating revenue stood at 98.11 billion yuan ($14.3 billion) in H1, according to a company statement.

The bank's net profits attributable to shareholders came in at 28.45 billion yuan in H1, down 10.02 percent year-on-year.

The non-performing loan ratio was 1.69 percent at the end of June, up 0.13 percentage points from the end of last year, the statement said.

Listed in both Shanghai and Hong Kong, it is China's first national joint-stock commercial bank initiated and founded mainly by non-State-owned enterprises.