China’s Mega Banks Report Profit Jumps as Margins Recover

China's largest banks reported increased quarterly profits as nonperforming loan ratios declined and net interest margins widened from previous lows. The banks reduced the proportion of loans classified as bad or overdue in their portfolios. Interest margins, the difference between lending and deposit rates, had reached historically low levels in prior quarters before recovering.

• Bloomberg — China’s Mega Banks Report Profit Jumps as Margins Recover

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