You don’t get bigger or more stable than Industrial and Commercial Bank of China. The Beijing-based outfit, overseen by chairman Chen Siqing, is the world’s largest commercial lender by assets.
Net profits rose 9.87% year on year in the first half of 2021, to Rmb163.5 billion ($25.6 billion), and by 10.6% on an annualised basis in the three months to the end of September.
Trading income, a key driver of growth all year, jumped 261% year-on-year in the third quarter, to Rmb10.1
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