ICBC to Lead China’s Biggest Banks in Posting Slower Profit Gain

ICBC to Lead China’s Biggest Banks in Posting Slower Profit Gain

Nelson Ching/Bloomberg

Industrial & Commercial Bank of China Ltd. (ICBC), the largest Chinese lender by assets, will probably say on Aug. 29 that its net income climbed 9 percent to 67.4 billion yuan, allowing the Beijing-based company to retain its spot as the world’s most profitable bank, according to the analysts’ estimates.