On August 24th 2006, China Construction Bank Corporation released its interim results.

Up until June 30th, the bank had realized an operating income of 70.864 billion Yuan, up 12.6 per cent per year, and a net income of 23.223 billion Yuan, up 13.3 per cent. Each share earned 0.10 Yuan; capital adequacy ratio (CAR) stood at 13.15 per cent, and the non-performance loan (NPL) ratio fell from 3.84 per cent at the end of last year to 3.51 per cent.

Rapid increase in housing loan service for individuals was a bright spot of the first half. By June 30th, housing loans for individuals within China had reached 391.875 billion Yuan, an increase of 12.5 per cent upon the end of last year, the growth ranking no. 1 amongst other similar Chinese banks.

By People's Daily Online