Oct. 26, 2012 (China Knowledge) - Huaxia Bank Co Ltd<600015
>, which is partly owned by Deutsche Bank AG, has posted a net profit of RMB 3.11 billion for the third quarter of this year, reflecting a YoY increase of 36.73%.
In the first nine months of this year, Huaxia Bank's net profit amounted to RMB 9.18 billion, up 40.41% than in the same period of last year.
From January to September, the Shanghai listed
company saw its operation revenue grow 19.51% from a year earlier to RMB 29.37 billion.
Net interest income for the nine-month period hit RMB 26.03 billion, up 17% YoY, while its brokerage income surged 39.38% YoY to RMB 3.04 billion.
As of Sep 30, 2012, Huaxia Bank's capital adequacy ratio was 11.23%, lower than 11.68% it realized at the end of last year, and its core capital adequacy ratio reached 8.43%, 0.29 percentage points less than at Dec 31, 2011.