Bank plans to promote retail business with outlet expansion
A China Citic Bank Corp branch in Nanjing, Jiangsu province. The bank reported a 0.7 percent growth in net profit in 2012, and attributed the slower-than-expected rate to the increase of more than 3 billion yuan ($483 million) in provision for bad loans. Zhen Huai / for China Daily |
Seventh-largest lender considering acquisition of a financial institution
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