English > Finance&Economy > Finance-Breakingnews>BOC Profits Grew 14 Percent in 2008

BOC Profits Grew 14 Percent in 2008

03-25 13:42 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-03-25/110127587.html

»Bank of China reported net earning of 64.4 billion yuan for 2008, up 14.4 percent from 2007.

»To deal with the historically small gap between lending and deposit rates, the banks adopted a variety of measures including lowering liability costs and increasing the percentage of non-term accounts in the total number of accounts.

 

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