Big Four Banks' H1 Net Profit Likely to Fall

By staff reporter Fang Huilei and intern reporter Feng Zhe

(.com.cn) China's four largest listed banks are expected to see their first-half net profit reduced by narrower net interest margins and higher loan-loss provision requirements, despite having extended record loans over the period, analysts surveyed by said.

Commercial banks loaned 7.4 trillion yuan in the first six months, and the scale of lending could moderate profit declines for some of these banks, analysts said.