Corporate Debt Restructuring Masterclass

18 July 2022 (Mon), 5pm Singapore/HK time

Bank of China & AgBank Beat on 2020 Earnings

Bank of China & AgBank Beat on 2020 Earnings

Chinese banking majors Bank of China and Agricultural Bank of China beat earnings estimates. Bank of China reported a net profit rise of 2.9% to CNY 192.9bn ($29.4bn), beating an estimated 8% drop YoY. Net interest margins was almost flat at 1.85%. NPLs rose to 1.46%...
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