Bank of China’s net profit up 12.28 percent in 2021

BEIJING – The Bank of China (BOC), one of the country’s four big state-owned lenders, saw its net profit up 12.28 percent year on year in 2021.

Last year, BOC rake in a total of 216.56 billion yuan (about 34.1 billion US dollars) in net profit attributable to shareholders of its parent company, according to the bank’s report filed with the Shanghai Stock Exchange.

Its revenue rose by 6.71 percent from a year ago, the report noted.

 

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