BEIJING, Nov. 7 (Xinhua) -- The Bank of China (BOC), one of the country's four big state-owned lenders, saw its revenue expand slightly in the first three quarters of the year, while its net profit fell.
The bank's revenue grew 3.23 percent year on year to 430.302 billion yuan (about 64.9 billion U.S. dollars) in the first nine months, the bank said in a report filed with the Hong Kong Exchanges and Clearing Limited.
Reported post-tax profit for the January-September period came in at 155.986 billion yuan, down 8.91 percent year on year.
By the end of September, the outstanding loans for poverty alleviation had increased to 142.017 billion yuan, up 21.09 percent compared with the beginning of the year, data from the bank's official website showed.
Established in 1912, the BOC is the first commercial bank listed both on the A-share and H-share markets. Enditem