Chinese Bank ICBC ME Posts 69% Rise In 2012 Profit
The Middle East unit of the world’s largest lending bank, Industrial and Commercial Bank of China, announced that its 2012 pre-tax profit rose 69 per cent to $54 million, up from $32 million in 2011. Operating income increased 47 per cent year-on-year to reach $72 million in 2012, while net…
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