Latest News :2009.05.05

May 5, 2009 (China Knowledge) - Bank of Nanjing<601009>, a Shanghai-listed city-level commercial bank partly owned by BNP Paribas SA, said Thursday that its net profit for 2008 increased 60.1% year on year to RMB 1.46 billion, sources reported.

The bank's earnings per share were RMB 0.79.

Last year, the lender's operating income soared 67.4% to RMB 3.22 billion, with income from intermediary business growing 233.33% to RMB 220 million.

At the end of last year, the bank's total assets had reached RMB 93.71 billion, up 23.19% year on year, and its loan balance amounted to RMB 40.18 billion.

The bank reported a slight 0.68% year-on-year increase in net profit for the first quarter of this year, which totaled RMB 413 million.