China's 6 Biggest State Banks Report First Simultaneous Revenue and Net Profit Growth Since 2022
China's six largest state-owned banks, including ICBC, China Construction Bank, Agricultural Bank of China, Bank of China, Bank of Communications, and Postal Savings Bank of China, recorded their first simultaneous rise in first-half revenue and net profit since 2022. This comes as their margins, which had been under pressure for two years, showed tentative signs of stabilizing.
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