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BEIJING - China's commercial banks posted 1.1 trillion yuan ($169.70 billion) in net profits in the first half of 2021, up 11.1% year on year, the China Banking and Insurance Regulatory Commission (CBIRC) said on Tuesday.

The banks' non-performing loan rate stood at 1.76% as of end-June, 0.05 percentage points lower than three months previously, it added.

($1 = 6.4819 Chinese yuan renminbi) REUTERS



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