China Construction Bank 2012 net profit up 14pc

HONG KONG: China Construction Bank(CCB), the country's No.2 lender, said its 2012 net profit rose 14 percent, its slowest annual profit growth as a publicly listed company, hit by the country's attempts to rein in state-owned lenders' profitability.

CCB made a net profit of 193.2 billion yuan ($31.1 billion) in 2012, according to a Chinese-language statement posted on the Shanghai Stock Exchange.

For October-December, it made 34.97 billion yuan, according to Reuters calculations of company figures.