China's fourth largest bank's 2011 profit up to $19.32 billion .

[kewell333]

just check the list of Banks in India, not a single major bank that too happened only in worldwide financial crisis only.

on the other hand
if there is no support all the Big Banks in china will go bankrupt. the level of incompetence and inefficiencies is simply mind boggling. and this is happening in china in normal working operations of the BIG banks.

so that is how the Chinese people are misled by falsifying and misinterpreting, misrepresenting the things in China.

"Not a single major bank？"
All because India banks are so small compare to China's not only scale but also profit.
The total profit of all Chinese banks maybe ten times of India's banks.




"if there is no support all the Big Banks in china will go bankrupt"?
I am sorry to say, all Chinese banks are stock listed companies. No on can support them execpt themself.
Most of China's banks are owned by different companies(private or state-owned joint-stock listed company) and private individuals.
Then look at the big five, only 30%-40% shared by state, others by many private companies or private individuals.



And you really don't need to worry about Chinese banks go bankrupt.

The Chinese banking industry's profit is only less than oil companies in Fortune 500 , even after they prepared nearly the highest bad debt reserve in the world (400%).

The 20 largest Chinese banks total profit in 2011 will exceed 1.2 trillion Yuan($ 180 billion ). Almost thirteen times of Apple's profit in 2011.

And you call these profit making machine will be bankrupt if state not support them?

 

[rcrmj]

"Not a single major bank？"

All because India banks are so small compare to China's not only scale but also profit.
The total profit of all Chinese banks maybe ten times of India's banks.




"if there is no support all the Big Banks in china will go bankrupt"?

I am sorry to say, all Chinese banks are stock listed companies? No on can support them execpt their own.
Most of China's banks are owned by different companies(private or state-owned joint-stock listed company) and private individuals.

Then look at the big five, only 30%-40% shared by state, others by many private companies or private individuals.



And you really don't need to worry about Chinese bank go bankrupt.

The Chinese banking industry's profit is only less than oil companies in Fortune 500 , even after they prepared nearly the highest bad debt reserve in the world (400%).

The 20 largest Chinese banks total profit in 2011 will exceed 1.2 trillion Yuan($ 180 billion ). Almost thirteen times of Apple's profit in 2011.

And you call these profit making machine will be bankrupt if state no support them?

that little thing is in serious denial, too much depression from living in the slums cause mental difficulties

 

[Pakchina]

+ means possible upgrade; - means possible downgrade. BB+ is 1 grade below BBB- and is considered junk.

Indian banks are of such high quality, their rating is 5 letter grades below China and 1 letter grade above junk. The Chinese industrial banking system is vastly more advanced than agrarian Indian banks. In addition, Chinese banks enjoy great surpluses while India runs huge national deficits.

Loan defaults and bonded labor are commonplace in India.

You don't have to attack China whenever possible. They are more advanced in every aspect than India, including military, technology, economy, and education. Just accept it and move on to points where India is stronger at, like democracy, international allies, etc...

I totally agree with you. The Bollywood daydreamers should move to points where mighty amd shininig but shameful and dirty India is stronger at that is corruption, dirtiness, world weapons procurement, lack of hygiene and sanitation..... all the shameful issues.

 

[peaceful]

india is getting more and more like China in 1980.

 

[kewell333]

China Construction Bank last year a net profit of 169.258 billion yuan ($26.87 billion) year-on-year increase of 25.52%

Construction Bank (601939.SH, 00939.HK3 the evening of May 25, 2011 Annual Report.

2011 Construction Bank net interest income of 304.572 billion yuan, an increase of 21.10% over the previous year attributable to shareholders of the bank net profit of RMB 169.258 billion, an increase of 25.52% over the previous year.

Construction Bank last year a net profit of 169.258 billion yuan year-on-year increase of 25.52% - Education News

 

[kewell333]

And ICBC 2011 net profit will be $33 billion.

 

[kewell333]

ICBC's 2011 net profit of 208.4 billion yuan ($33.01 billion) increased 25.6%

Sina Finance Commercial Bank of China Limited (Stock Code SH: 601 398, HK: 1398) today officially announced the 2011 annual business in accordance with International Financial Reporting Standards in 2011 ICBC net profit of 208.4 billion yuan($33.01 billion) over the previous year-on-year growth of 25.6%, basic earnings per share and net assets per share were 0.60 yuan and 2.74 yuan, 0.12 yuan and 0.39 yuan more than in 2010, the Board recommends dividend of 2.03 yuan for every 10 shares (including tax) As of the end of 2011, ICBC's capital adequacy ratio of 13.17%, core capital adequacy ratio was 10.07%.

2011, annual domestic branches of ICBC RMB loans than in the end of 2010, 8,117 one hundred million yuan, an increase of the turnover rate of 13.1% .2011 ICBC credit to further accelerate the balance of RMB loans in the territory of branches throughout the year less than the previous increase in 864 billion, loans, total payment amount than last year more than 4,770 billion .2011 year, ICBC's NIM (net interest yield) of 2(http://www.agile-news.com/)(Finance News http://www.agile-news.com/).61%, maintained at a reasonable level.
ICBC's 2011 net profit of 208.4 billion increased 25.6% - Finance News