BOC set for rate liberalization
By Gao Changxin in Shanghai and Jiang Xueqing in Beijing | China Daily | Updated: 2014-03-27 08:33
Overseas operations planned to be focus this year, president says
Bank of China Ltd executives expressed confidence on Wednesday that the institution will get through the nation's interest rate liberalization program with a competitive edge.
The bank, the nation's fourth-biggest lender by market capitalization, reported a 12.35 percent profit rise to 163.7 billion yuan ($26.4 billion) in 2013.
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