(MENAFN) China Merchants Bank Co., Ltd. Posted its net profit owned by shareholders has presented a solid expansion in 2016, as the lender set further focus on the quality of its business rise.
Moreover, the Chinese bank also added its net profit was jumped by 7.6% during the mentioned year to hit 62.1 billion yuan.
Meanwhile, China Merchants Bank said this progress has covered the expansion of its business revenue which was surged by 3.75%.
According to the bank's annual report, the lender's overall assets rose by 8.54% to reach 5.94 trillion yuan by the end of the previous year.
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