ICBC, China’s largest bank by assets, reported a profit of US$23.5 billion in the first six months of the year. Photo: Reuters
World’s largest company warns of ‘complicated’ second half, even as ICBC’s interim profit growth of 4.5 per cent beats estimates
- China’s largest lender by assets said the global economic environment is expected to ‘tighten on the whole’ in the second half
- ICBC said it still expects China’s economy will continue to ‘operate robustly’
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Banking & Finance
ICBC, China’s largest bank by assets, reported a profit of US$23.5 billion in the first six months of the year. Photo: Reuters