Ping An Bank's net profits up 13.6 pct in 2019
Contributed by NAMPA / Xinhua.
BEIJING, Feb. 15 (Xinhua) -- Ping An Bank saw a 13.6-percent rise in net profits in 2019 thanks to the strong performance of retail businesses.
The company's net profits rose to 28.2 billion yuan (about 4 billion U.S. dollars) last year, according to its financial report.
The bank's revenue reached 137.96 billion yuan in 2019, up 18.2 percent year on year, said the report.
Since the beginning of last year, the bank has diverted more loans to retail businesses and improved the quality of it ...