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ICBC reports steady 2024 results, focuses on quality, risk management

March 29, 2025 at 05:14 AM UTCBy FilingReader AI

The Industrial & Commercial Bank of China (ICBC) announced its 2024 annual results, showcasing a year of steady performance amidst a complex economic landscape. Net profit attributable to shareholders reached ¥3,658.63 billion, a slight increase of 0.5% year-over-year. The bank emphasized high-quality development, reflected in a stable non-performing loan ratio of 1.34% and a strong provision coverage ratio of 214.91%.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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