Shanghai Commercial Bank Ltd., together with its subsidiaries, provides banking and related financial services primarily in Hong Kong, the United States, the United Kingdom, and the People’s Republic of China. The company offers various deposit services, such as current savings, checking, fixed deposit, call deposit, and student/children savings accounts, as well as payment services, currency exchange, safe deposit boxes, and ATM services; and RMB services, including deposits, cheques, exchange, remittance, and credit cards to individual and corporate clients. It also provides mortgages and loans, such as housing mortgages, government housing schemes, reverse mortgage, personal tax loans, an...
15 Queen’s Road
Founded in 1950
Shanghai Commercial Bank Reports Earnings Results for the Six Months Ended June 30, 2013
Oct 7 13
Shanghai Commercial Bank reported earnings results for the six months ended June 30, 2013. For the period, the company reported profit attributable to the equity holders of the bank of HKD 886.86 million, compared to HKD 819.41 million for the same period ended June 30, 2012. Net interest income was HKD 1.07 billion, compared to HKD 945.43 million for the same period ended June 30, 2012. Operating profit was HKD 1.1 billion, compared to HKD 1.01 billion for the same period ended June 30, 2012. Profit before income tax was HKD 1.11 billion, compared to HKD 1.03 billion for the same period ended June 30, 2012.