ICBC Plans No Fund Raising; Loans Jump to Record in 2009

ICBC Plans No Fund Raising; Loans Jump to Record in 2009
March 8 (Bloomberg) — Industrial & Commercial Bank of China Ltd. , the world’s largest lender by market value, said it has no fund-raising plan at the moment even as it boosted lending by 24 percent to a record last year.

Read more on Bloomberg

Related posts:

1. ICBC Has No Plan to Raise Capital After 24% Loan Growth
2. Westpac Quarterly Earnings Jump on Loan Demand, Fewer Defaults
3. ICBC Says Loan Growth ‘Stabilized,’ Will Lend to State Projects
4. CoBank reports record earnings for 2009
5. Nedbank 2009 Profit Falls 25% on Recession, Bad Debts (Update4)

Tagged as: 2009, Bank Of China, Bloomberg, China Ltd, Commercial Bank Of China, Fund, Fund Raising, ICBC, Industrial Commercial Bank Of China, jump, loans, plans, Raising, Record