Profits seen under pressure for China’s banks


Margins hit: The Bank of China is among the republic’s top five lenders that are all set to see weaker margins. – Reuters

Higher costs and fewer lucrative lending options among issues

HONG KONG: Chinese lenders in 2016 likely posted their lowest interest margins since the global financial crisis, due to higher costs and fewer lucrative lending options, with the going set to get tougher as the key gauge of profitability stays under pressure.

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