Yesterday, China Everbright Bank (601,818) and the Industrial Bank (601166) also released results of Letters in 2010, China Everbright Bank year net profit of 12.678 billion yuan, an increase of 65.88%, while Industrial Bank net profit of 18.5 billion, up growth of 40%. However, high growth corresponds with the annual results is that the two banks last year's fourth quarter results are not satisfactory, China Everbright Bank chain last year's fourth quarter net profit fell 18.73%, while Industrial Bank chain has increased by only 2%.
benefit from high credit expansion, last year's performance of banking stocks is very beautiful, but this year could be difficult to continue high growth. IC for map
GF Securities (000,776) Mu China banking analyst, said that with the unprecedented efforts to control domestic credit this year strict banking industry average speed of more than 25% growth this year would have difficulty reproduction. She expects net profit of the banking industry average growth in 2011 will be lower than 20%.
brilliant performance last year, bank stocks, continued high growth this year expected to be difficult.
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