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China Big 4 banks likely to show flat profits

This comes as bad debts continue to soar while funds set aside to cover losses fall close to regulatory limits
Tuesday, March 29, 2016 - 05:50

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Six cuts in the central bank's benchmark interest rate over 17 months has narrowed lenders' net interest margins.

Beijing

CHINA'S Big Four state-run banks this week are set to report annual earnings growth that likely flat-lined after around a decade of terrific profitability, as a surge in soured loans continued unabated while economic expansion weakened.

Profit growth has slowed in recent

sentifi.com

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