China Construction Bank posted an annual 12 percent rise in third-quarter net profit on a wider net interest, but its results trailed two of the big four domestic banks.
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Net earnings at CCB, the nation's second-biggest lender, totaled 51.9 billion yuan (US$8.2 billion) in the three months. Its net profit in the first nine months topped 158.2 billion yuan under international accounting standards, it said.
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But CCB's 12 percent growth in net income in the third quarter was slower than the Agricultural Bank of China's 16 percent and Bank of China's 17 percent.
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CCB's net interest margin gained 0.06 percentage point annually in the first three quarters to 2.74 percent, the bank said.
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Its interest income grew 18 percent in the third quarter annually to 91.3 billion yuan, while net fee and commission income fell 2 percent to 20.7 billion yuan.
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CCB's bad loans rose 2.5 billion yuan in the quarter to 72.9 billion yuan, and the bad loan ratio was 1 percent by the end of September.Â