Citibank China partner Pudong's Q3 net rises 20 pct


SHANGHAI, Nov 1 (Reuters) - Pudong Bank , partly owned by Citigroup , outperformed same-sized rivals with a 20 percent jump in third-quarter earnings as loans inched up 5.2 percent from end-June amid Beijing's efforts to constrict credit. Pudong Development Bank, in which the world's largest financial group owns 4.62 percent, posted a net profit of 510.19 million yuan ($61.64 million) in the period, which also saw the bank's slowest earnings growth since the final quarter of 2003. Still, ...

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