IN BRIEF (Page 13)
China Daily | Updated: 2010-10-28 08:25
Bank of China profit rises
Bank of China Ltd, the country's fourth-largest lender by assets, said its third-quarter net profit rose 29 percent from a year earlier on a higher net interest margin and steady growth in its fee-based businesses.
The lender's net profit in the third quarter stood at 27.22 billion yuan ($4.1 billion), up from 21.05 billion yuan a year earlier.
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