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China's biggest banks stand exposed after profit buffers eroded

Govt mulls lower bad-loan provisions but that may create doubts about regulatory robustness

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Lenders such as Industrial & Commercial Bank of China and Bank of China have let their provision coverage for bad loans - a key swing factor in earnings reports - fall close to the regulatory minimum.
BT_20160426_CPBANK26A_2244678.jpg
Lenders such as Industrial & Commercial Bank of China and Bank of China have let their provision coverage for bad loans - a key swing factor in earnings reports - fall close to the regulatory minimum.

Shanghai

CHINA'S biggest banks stand exposed to their first annual profit declines in more than a decade.

That's because lenders such as Industrial & Commercial Bank of China (ICBC) and Bank of China have let their provision coverage for bad loans - a key swing factor in