Citic Bank - 9-month net profit at RMB 32.9bn ($5.18bn), up 2% , the growth marked a slowdown from 2.51% gain seen in the first half of the year. The bank said it expects to earn RM3.4bn this year, compared with RM4.3bn last year and RM6.2bn in 2014.
Citic Bank - 9-month net profit at RMB 32.9bn ($5.18bn), up 2%, the growth marked a slowdown from 2.51% gain seen in the first half of the year. Overall profit growth at China's major banks has been weak as the economy enters a period of slower growth.