China's top 10 listed banks are operating smoothly, expanding the size of their assets and liabilities and maintaining earnings growth while exhibiting a clear downward trend in terms of the quality of their credit assets, according to an report released by London-based PricewaterhouseCooper's — Analysis of China's Top 10 Listed Banks Results for 2013.
Data on the 10 lenders showed total assets of 86.92 trillion yuan ($13.94 trillion) in 2013, up 10.46 percent from the end of 2012. These banks posted net profits of 1.09 trillion yuan for 2013, up 12.64 percent year-on-year- though this growth rate fell by 3.77 percent compared to 2012.
Let's take a look at the top 10 listed banks in China.
No 10 China Minsheng Banking Corp Ltd
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A pedestrian walks past a branch of China Minsheng Banking Corp Ltd in Hangzhou city, East China's Zhejiang province, September 16, 2013. [Photo/IC] |
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