BEIJING Cheap Nike Air Force 1 High Shoes UK , Aug. 30 (Xinhua) -- Agricultural Bank of China (ABC),one of the country's biggest lenders, reported higher earningsgrowth Wednesday thanks to steady increase of net interestincome.


The company's net profit attributable to equity holders rose 3.3percent year on year to 108.6 billion yuan (about 16.4 billion U.S.dollars) in the first six months (H1), as calculated under theinternational financial reporting standards, according to astatement filed on the Hong Kong Stock Exchange.


This was higher than a 0.8-percent rise in the same period oflast year.


Net interest income, which accounted for 75.7 percent of thecompany's total operating income in H1, increased 6.2 percent yearon year.


Non-performing loan ratio stood at 2.19 percent by the end ofJune, lower than the 2.37-percent six months earlier.


The bank's provision coverage ratio, a measure of funds setaside to cover bad loans, rose to 181.8 percent from 173.4 percentat the end of last year.


In H2, the company will continue to focus on risk prevention,building a comprehensive risk management system while strictlycontrolling the quality of new loans, according to thestatement.


ABC shares in Hong Kong rose 0.81 percent on Wednesday while itsshares in Shanghai fell 1.28 percent. Enditem


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