The Average Day for Big Four Banks in H1? Combined Net Profits of 2.4 Bln Yuan

(Beijing) – The Big Four state-owned banks made more than 431.5 billion yuan in net profits in the first half of the year, calculations based on their financial statements show. This means they earned about 2.4 billion yuan a day on average.

Industrial and Commercial Bank of China (ICBC) continued to lead the pack with net profit of 138.5 billion yuan. The Bank of China (BOC), which also announced its semi-annual report on August 29, says it had net profit of 80.7 billion yuan.