Financial China

The Big Three banks – what the future holds

  • Published 08 Apr 2010

Steady fee and commission growth and recovering net interest income could help drive profits by 20% this year.

The Industrial and Commercial Bank of China (1398:HKG), Bank of China (3988:HKG) and China Construction Bank (0939:HKG) have all released their annual 2009 results during the past two weeks, with net profit up 16.1%, 26% and 15.3% respectively. Key operational data released to domestic investors with A-share holdings, shows key themes and gives a sense of what their destinies may be.

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