Mubasher: Industrial and Commercial Bank of China (ICBC) on Monday stated that its profits rose 3.3% to reach CNY 75 billion ($11.3 billion) in the third quarter of 2017.
The bank attributed the increase in Q3-17 profits to the growth in loans’ interest which levelled up 14%.
ICBC’s operating profits surged 9.3% to CNY 169.5 billion year-on-year in Q3-17.
