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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

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


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...

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