{"id":14316,"date":"2007-08-23T10:32:57","date_gmt":"2007-08-23T17:32:57","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2007\/08\/23\/china-banks-witness-profit-surge-bbc-news\/"},"modified":"2007-08-23T10:32:57","modified_gmt":"2007-08-23T17:32:57","slug":"china-banks-witness-profit-surge-bbc-news","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2007\/08\/china-banks-witness-profit-surge-bbc-news\/","title":{"rendered":"China Banks Witness Profit Surge &#8211; BBC News"},"content":{"rendered":"<p><a href=\"\/wp-content\/uploads\/mt-old\/_44074952_yuancount_ap.jpg\"><img loading=\"lazy\" decoding=\"async\" alt=\"_44074952_yuancount_ap.jpg\" src=\"\/wp-content\/uploads\/mt-old\/_44074952_yuancount_ap-thumb.jpg\" width=\"200\" height=\"149\" \/><\/a> From BBC News:<\/p>\n<blockquote><p>Half-year profits at two of China&#8217;s biggest banks have surged on the back of higher lending and rising fees. <a href=\"http:\/\/en.wikipedia.org\/wiki\/Industrial_and_Commercial_Bank_of_China\">Industrial &#038; Commercial Bank of China (ICBC) <\/a>, China&#8217;s biggest bank, said net profits for the six months to June rose 62% to 41.04bn yuan ($5.4bn; \u00ac\u00a32.7bn)<\/p>\n<p>Meanwhile, <a href=\"http:\/\/en.wikipedia.org\/wiki\/Bank_of_China\">Bank of China <\/a>revealed net income rose 52% from the same period last year to 29.5bn yuan. Higher lending and a rise in fee-based income drove the increase, the country&#8217;s fourth-biggest lender said. <a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/business\/6960292.stm\">[Full Text] <\/a><\/p><\/blockquote>\n<p>[Image: <a href=\"\/2007\/08\/china_raises_interest_rates_4th_time_in_2007_to_curb_in.php\">Rising interest rates <\/a>have allowed banks to up their charges, from BBC News.]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From BBC News: Half-year profits at two of China&#8217;s biggest banks have surged on the back of higher lending and rising fees. Industrial &#038; Commercial Bank of China (ICBC) , China&#8217;s biggest bank, said net profits for the six months to June rose 62% to 41.04bn yuan ($5.4bn; \u00ac\u00a32.7bn) Meanwhile, Bank of China revealed net [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[5897,3178,492],"class_list":["post-14316","post","type-post","status-publish","format-standard","hentry","category-economy","tag-bank-of-china","tag-icbc","tag-interest-rate","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China Banks Witness Profit Surge - BBC News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2007\/08\/china-banks-witness-profit-surge-bbc-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Banks Witness Profit Surge - BBC News\" \/>\n<meta property=\"og:description\" content=\"From BBC News: Half-year profits at two of China&#8217;s biggest banks have surged on the back of higher lending and rising fees. 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