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BIZCHINA> News
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Minsheng bank's 1st quarter profit up
(China Daily)
Updated: 2007-07-06 08:21
The bank, in a statement to the Shanghai Stock Exchange, did not provide a figure for first-half profit and said its growth estimate was based on unaudited numbers. The company has about 287 outlets nationwide, and it has carved out a niche lending to small- and medium-sized companies. (For more biz stories, please visit Industries)
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China Minsheng Banking Corp said first-half profit surged more than 60 percent as it extended more loans and demand for services such as wealth management increased.