MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Flowers, tributes left at scene after boy, 10, killed in crosswalk crash

  • CCAC uncovers attendance records fraud at public school

  • A Father’s Day Feast to Remember

  • MasterChef Asia returns, chooses Macau as filming location

  • Macau home prices edge down, rents flat

  • Japan woos Philippine leader during state visit with arms sales

Macau
Home›Macau›Banking | BOC closes 2020 with 3% revenue growth, BNU drops 42%

Banking | BOC closes 2020 with 3% revenue growth, BNU drops 42%

By Renato Marques, MDT
February 11, 2021
7
0
Share:

 

The Bank of China-Macau (BOC) recorded a profit last year of MOP5.6 billion, an official financial report published yesterday at the Official Gazette shows.
The result represents a 3% growth year-on-year when compared to 2019.
Concurrently, the other currency-issuing bank – Banco Nacional Ultramarino (BNU) has reported profits amounting to MOP420.3 million in 2020, a result that represents a significant drop of 41.7% when compared with 2019, when the bank closed the year with profits of MOP721.9 million.
In 2019, the branch of the Chinese state-owned bank reported the highest net profit amount among the banks operating in Macau, followed by the Industrial and Commercial Bank of China (ICBC) and Tai Fung Bank.
In 2020, the ICBC group has reported profits of MOP3.08 billion, slightly less than in 2019 when the result was MOP3.07 billion.
As for the third-highest profiter, Tai Fung Bank also marginally increased its profits last year by scoring just 0.5% more than in 2019 to a total of MOP2.19 billion.
Such results continue to keep the ranking of the highest profiter banking institutions in Macau unchanged from 2019, which in 2020 continued to be led by BOC, followed by ICBC and Tai Fung.

FacebookTweetPin

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X

Like this:

Like Loading…

Related

Previous Article

Panda pavilion free during Spring Festival Holiday

Next Article

Macau Legend casinos allegedly forces staff to ...

0
Shares

    Related articles More from author

    • Macau

      Man arrested for assaulting high school girl

      October 9, 2025
      By -
    • Macau

      85% social security proof of life logged electronically

      January 30, 2024
      By -
    • HeadlinesMacau

      5G network tender accepting bids until Aug. 12

      July 1, 2022
      By Renato Marques, MDT
    • AdvertorialMacau

      Melco Back to School Program promotes lifelong learning for colleagues

      August 26, 2022
      By -
    • Macau

      Policy Address | Sonia Chan | Authorities strive to make administration less bureaucratic

      November 24, 2015
      By Aries Un
    • HeadlinesMacau

      WeChat Pay hopes to expand business in Macau

      April 25, 2018
      By Julie Zhu, MDT

    Leave a reply Cancel reply

    You must be logged in to post a comment.

    • HeadlinesMacau

      Smoking cessation services see 31% increase in past year

    • Extra TimesMacau

      Macau Racing Tips | Last Week Tip:The Shaoxing 1050 Metres Sand  2021-04-09 | Fri | 21:25

    • World

      UK | Brexit uncertainty to stay Bank of England’s hand

    DAILY EDITION

    Friday, May 29, 2026 – edition no. 4960
    Friday, May 29, 2026 – edition no. 4960

    Greater Bay

    MDT MACAU GRAND PRIX SPECIAL

    May 2026
    M T W T F S S
     123
    45678910
    11121314151617
    18192021222324
    25262728293031
    « Apr    

    Timeline

    • May 29, 2026

      Flowers, tributes left at scene after boy, 10, killed in crosswalk crash

    • May 29, 2026

      CCAC uncovers attendance records fraud at public school

    • May 29, 2026

      A Father’s Day Feast to Remember

    • May 29, 2026

      MasterChef Asia returns, chooses Macau as filming location

    • May 29, 2026

      Macau home prices edge down, rents flat

    • May 29, 2026

      Japan woos Philippine leader during state visit with arms sales

    • May 29, 2026

      Police report two rape cases in two consecutive days

    • May 29, 2026

      Police inspected over 500 random people in 13 days, found irregularities in over 11%

    • May 29, 2026

      Macau to host conference on digital currency, cross-border innovation

    • May 29, 2026

      Air conditioner fire injures two, evacuates 110

    Recent Posts

    HeadlinesMacau

    Enrollment hits 89,000 for new school year, kindergarten sees decline

    With summer vacation now over, the Education and Youth Development Bureau (DSEDJ) announced that approximately 80% of schools in Macau resumed classes yesterday, with the student population for this academic ...
    • Military Club marks 146th anniversary with exhibitions

      By -
      June 1, 2016
    • Advertorial – MGM Lion Dance Championship | Macau International Invitational 2018

      By -
      October 31, 2018
    • Casinos close 2022 with MOP42.2b in GGR, 51% drop from 2021

      By Renato Marques, MDT
      January 4, 2023
    • Briefs | Tea Culture House closed until Oct. 19

      By -
      October 9, 2017
    • Recent

    • Popular

    • Flowers, tributes left at scene after boy, 10, killed in crosswalk crash

      By Yuki Lei, MDT
      May 29, 2026
    • CCAC uncovers attendance records fraud at public school

      By Ricaela Diputado, MDT
      May 29, 2026
    • A Father’s Day Feast to Remember

      By Irene Sam, MDT
      May 29, 2026
    • MasterChef Asia returns, chooses Macau as filming location

      By Ricaela Diputado, MDT
      May 29, 2026
    • Macau home prices edge down, rents flat

      By Yuki Lei, MDT
      May 29, 2026
    • Japan woos Philippine leader during state visit with arms sales

      By -
      May 29, 2026
    • Police report two rape cases in two consecutive days

      By Ricaela Diputado, MDT
      May 29, 2026
    • Canidrome may have its days numbered, decision in ‘one or two months’

      By Paulo Coutinho, MDT
      May 26, 2016
    • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

      By -
      May 4, 2016
    • Editorial | Canidoomed

      By Paulo Coutinho, MDT
      June 1, 2016
    • Animal Welfare | Canidrome presented with ultimatum: close or move

      By Daniel Beitler, MDT
      July 22, 2016
    • Australia regulator cracks down on alleged exportation of dogs to Macau

      By Paulo Coutinho, MDT
      June 10, 2016
    • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

      By Catarina Pinto
      July 6, 2015
    • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

      By Daniel Beitler, MDT
      May 27, 2016
    • Contact our Administrator
    • Contact our Editor-in-Chief
    • Contacts
    • Our Team
    • Privacy Policy
    • Terms and Conditions
    • Editorial Statute
    • Code of Ethics
    COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
    MACAU DAILY TIMES
    • Home
    • Macau
      • Photo Shop
      • Advertorial
    • Interview
    • Greater Bay
    • Business
      • Corporate Bits
    • China
    • Asia
    • World
    • Sports
    • Opinion
      • Editorial
      • Our Desk
      • Business Views
      • China Daily
      • Multipolar World
      • The Conversation
      • World Views
    • Our Team
    • Editorial Statute
      • Code of Ethics
      • Privacy Policy
      • Terms and Conditions
    • Archive
    • Contacts
    • Extra Times
      • Drive In
      • Book It
      • tTunes
      • Features
      • World of Bacchus
      • Taste of Edesia

    Loading Comments...

    You must be logged in to post a comment.

      %d