Bank of China Q1 profit falls 2.9%

SHANGHAI/HONGKONG(Reuters) -Bank of China (BoC) reported a 2.9% fall in net profit in the first quarter, according to a filing on Tuesday.

Profit was 54.364 billion yuan ($7.48 billion) in the three months ended March 31, compared with 55.989 billion yuan in the same period a year earlier, BoC said in the filing.

($1 = 7.2710 Chinese yuan renminbi)

(Reporting by Engen Tham, Selena Li and Ziyi Tang; Editing by Louise Heavens)

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