Oct. 31, 2012 (China Knowledge) - Bank of Communications<601328
>, the mainland's fifth-largest lender by market value, has announced its net profit attributable to shareholders rose 15.87% YoY to RMB 44.51 billion in the first nine months of this year.
Basic earnings per share for the period were RMB 0.7, up 12.9% from a year earlier.
In a statement filed with Hong Kong Stock Exchange
, the lender saw its net interest income for the nine months period reach RMB 89.1 billion, reflecting a YoY increase of 16.6%, while its net fee and commission income grew 7.07% YoY to RMB 15.54 billion in the period.
At the end of September 30, 2012, the bank's capital adequacy ratio increased 2.07 percentage points from the end of last year to 14.51%, and its core capital adequacy ratio rose 2.31 percentage points to 11.58%.
Bank of Communications had RMB 5.17 trillion in total assets by the end of Sep, 12.19% more than at the beginning of this year.