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KM Financial Solutions | China to lower bad loan provisions for smaller banks – state media
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China to lower bad loan provisions for smaller banks – state media

20 Apr China to lower bad loan provisions for smaller banks – state media

Posted at 11:40h in News by
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China’s cabinet has decided to
lower the bad loan provision requirement for medium and small
banks by 20 percentage points temporarily, state television
quoted a cabinet meeting chaired by Premier Li Keqiang as saying
on Tuesday.

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