Page last updated at 15:23 GMT, Thursday, 25 March 2010

Chinese holds most profitable title


The Industrial & Commercial Bank of China, the country's biggest commercial lender, has reported its quarterly profit jumped by 58%.

It also announced plans to raise billions of dollars in fresh capital after last year's stimulus-driven surge in lending.

ICBC and other Chinese banks have benefited from a stimulus-fuelled economic rebound that boosted Chinese growth in the fourth quarter.

They are isolated from global financial flows and largely avoided the credit turmoil that battered Western

Juliana Liu reports.


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