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TWO CHINESE BANKING MAJORS ENJOY HIGHER PROFITS IN 2004.

Publication: AsiaPulse News
Publication Date: 29-JUN-05
Format: Online - approximately 182 words
Delivery: Immediate Online Access

Article Excerpt
BEIJING, June 29 Asia Pulse - The Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China (ABC), two of China's "big four" state-owned banks, have recently published their 2004 annual reports, showing major operating indexes hitting record high.

ICBC realized profits of 74.6 billion yuan...

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