Bank of China 2015 Profit Rises 0.7% as Fees, Commissions Gain

Bank of China Ltd, the nation’s fourth-largest lender, reported a 0.7 percent increase in 2015 profit as fee and commission income grew.

Net income rose to 170.8 billion yuan ($26.4 billion) last year from 169.6 billion yuan in 2014, the bank reported to the Hong Kong exchange on Wednesday. That compared with the 168.9 billion yuan average of analyst estimates compiled by Bloomberg.

— With assistance by Jun Luo

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