Source: CCTV.com

10-21-2008 11:39

Huaxia Bank, a mid-sized commercial bank in which Deutsche Bank is a major shareholder, is estimating net profit-growth of at least 90 percent for the first 9 months.

Huaxia Bank is estimating net profit-growth of at least 90 percent for the first 9 months.
Huaxia Bank is estimating net profit-growth of at least 90 
percent for the first 9 months.

Main factors for this big jump are an expanding asset base and non-interest income, wider interest margins and more effective corporate tax rates.

 

Editor:Xiong Qu