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Banks show rosy profit rise in 2008

By Zhang Ran and Yang Zhen | China Daily | Updated: 2009-02-27 07:51

Banks show rosy profit rise in 2008

People walk in front of a Bank of China branch in Beijing. Bloomberg News

The global economic crisis has not taken a big toll on China's banking industry as its lenders have cumulatively posted after-tax profits of 583 billion yuan in 2008, the country's banking regulator said yesterday.

Banks show rosy profit rise in 2008

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