Bank Of China First-half Profit Falls 11.5%, Steepest H1 Fall Since Market Debut


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Bank of China Ltd (BoC), the country's fourthbiggest lender by assets, on Sunday posted an 11.5% fall in firsthalf net profit, the steepest drop for the JanuaryJune period since its market debut. 30, 2020, 4:08 PM IST FOLLOW US ON: Instagram BEIJING/SHANGHAI: Bank of China Ltd (BoC), the country’s fourth-biggest lender by assets, on Sunday posted an 11.5% fall in first-half net profit, the steepest drop for the January-June period since its market debut. Profit was 100.9 billion yuan ($14.70 billion) in the six months ended June 30, versus 114.05 billion yuan a year earlier, according to the lender’s statement...