China Construction Bank (CCB) has posted 25% growth in net profit in 2011, but said the slowing global and domestic economies pose challenges.
CCB is the world's second largest bank by market capitalization with Bank of America as one of its shareholders.
CCB's net profit was 169bn renminbi ($26.8bn, £16.9bn) in the year to 31 December, up from 135bn renminbi in the previous year.
Yet banks in China remain concerned about a possible rise in loan defaults.
"Commercial banks face various risks including possible bursting of the real estate bubble, increased risks involved in cross-border investment by enterprises, and operating difficulties of some enterprises," CCB said in a news release.
Source & Image : BBC
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