October 27 -- Bank of China (BOC) (601988.SH, 3988.HK) recorded a 21.52 percent year-on-year increase in net profit for the first three quarters to 96.3 billion yuan, reports Beijing Times, citing a bank filing.

According to BOC, it had further reduced its holdings of European and American debt in the third quarter, and currently does not hold any debt issued by Portugal, Ireland, Greece and Spain.

Source:CapitalVue