AgriBank 2010 Profit Rises 46% IPO Boosts Lending Capacity

AgriBank 2010 Profit Rises 46% IPO Boosts Lending Capacity

Qilai Shen/Bloomberg

Agricultural Bank of China Ltd., the nation’s fourth-largest lender by market value, said 2010 profit growth accelerated to 46 percent after an initial public offering bolstered capital and expanded its lending capacity.