China’s economy faltered, but the Agricultural Bank of China survives

Agricultural Bank of China expects to good profit

In brief: China: Vice-President of Agricultural Bank of China Pan Gongsheng is confident that net profit in 2010 will exceed previous forecast.

Vice President of third-largest bank in China, Agricultural Bank Pan Gongsheng is confident that net profit in 2010 will exceed earlier forecasts compiled after a large-scale offering.

Agricultural Bank said earlier that net profit in 2010 could grow by 30% and up 82.9 billion yuan ($ 12.23 billion). According to Panya Gunshenya, profits in the current year, no doubt, will exceed these figures.

Ukrainian Globalist
2010-07-18 16:12, Economics.

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