Shanghai-listed banks achieved double growth in both revenue and net profit in the first three quarters.

The third-quarter reports recently released by 33 banks listed on the Shanghai Stock Exchange show that in the first three quarters, Shanghai-listed banks achieved growth in both revenue and net profit. Among them, total operating revenue was 4.44 trillion yuan, up 7.90% year on year; net profit attributable to parent company shareholders was 1.66 trillion yuan, up 3.68% year on year; the average net interest margin was 1.45%, and the average non-performing loan ratio was 1.16%.