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Profits slowing among big banks

By Li Xiang ( China Daily ) Updated: 2017-03-30 07:16:52

Chinese banks will continue to experience profitability and asset quality pressures this year, analysts said on Wednesday.

Their comments came in response to two of the country's Big Five lenders - Bank of Communications and Agricultural Bank of China - posting flat annual profit growth, amid higher operating pressure and narrowing interest margins.

The remaining three lenders of the group - Industrial and Commercial Bank of China, Bank of China and China Construction Bank - are all scheduled to release their annual reports this week.

Profits slowing among big banks

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