Defying the economic downturn both at home and abroad, Chinese banks continued their growth streak in the first half of this year, with an 18.25-percent year-on-year increase in their net profit.

In the said period, the 16 Chinese banks listed in Shanghai and Shenzhen bourses reported a combined net profit of 545.2 billion yuan, accounting for 53.98 percent of the total net profits generated by all the 2,453 companies traded in A shares. Their operating revenues hit 1.28 trillion yuan, up 17.94 percent from the corresponding period last year.

The strong growth momentum enabled the banks to dole out a large amount of their earnings on the payroll in the first half year, as companies in a large number of industries were cutting their labor cost in face of a lackluster economy.

Of the 16 listed banks, ten reported an average monthly salary of 20,000 to 30,000 yuan for its employees, four offered 15,000 to 20,000 yuan and two paid as high as more than 30,000 yuan per month.

Following are the 10 Chinese banks with the fattest paychecks for their employees:

  Industrial Bank (兴业银行)

  
 Average monthly salary: 24,600 yuan, up 0.27% year on year

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