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ICBC says quake only small impact on loan portfolio

Wed Jun 4, 2008 10:37pm EDT

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HONG KONG, June 5 (Reuters) - Industrial Bank of China (ICBC) (1398.HK) (601398.SS), the world's largest bank by market value, said on Thursday that the Sichuan earthquake had only a limited impact on its loan portfolio.

China

The bank said Sichuan province accounts for 2.8 percent of its loan portfolio.

ICBC also said it plans to be the world's most profitable bank in five years.

(Reporting by Kennix Chim)

(Writing by Michael Flaherty)

China


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