News Snapshot:
© Reuters. FILE PHOTO: The logo of Industrial and Commercial Bank of China (ICBC) is pictured at the entrance to its branch in Beijing, China April 1, 2019. REUTERS/Florence Lo/File Photo BEIJING (Reuters) – Industrial and Commercial Bank of China Ltd (ICBC), the world’s largest commercial lender by assets, said net profit grew 4.9% year-on-year in the first half of this year as the Chinese economy recovered from the COVID -19 pandemic. Profit was 171.5 billion yuan ($24.82 billion) in the six months through June, compared with 163.47 billion yuan in the same period a year earlier, the bank said...
