Oct. 31, 2012 (China Knowledge) - Industrial and Commercial Bank of China or ICBC<601398
>, the world's biggest lender by market value, has announced its net profit attributable to shareholders increased 13.3% YoY to RMB 185.71 billion in the first nine months of this year.
According to a statement filed with Hong Kong Stock Exchange
, basic earnings per share for the period were RMB 0.53.
From January to September, the company saw its net interest income hit RMB 311.37 billion, 16.6% more than in the first nine months of last year, while its net fee and commission income grew 1.8% YoY to RMB 79.69 billion in the period.
The lender's capital adequacy ratio and core capital adequacy ratio was 13.61% and 10.51% at the end of September 30, 2012.
At the end of last month, the lender's total assets had reached RMB 17.37 trillion, 12.2% more than at the beginning of this year.