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China's SPD Bank net profit up 2.18 pct in 2017

Xinhua,April 28, 2018 Adjust font size:

SHANGHAI, April 28 (Xinhua) -- Shanghai Pudong Development (SPD) Bank said its net profit for 2017 rose 2.18 percent year on year to nearly 54.26 billion yuan (8.56 billion U.S. dollars).

Revenue climbed 4.88 percent to 168.62 billion yuan last year, the bank said in its annual report released Friday night.

Its total assets amounted to 6.14 trillion yuan at the end of 2017, up 4.78 percent from the end of 2016.

Meanwhile, its non-performing loan ratio by March saw a decrease of 0.01 percentage points from the end of 2017. Enditem