ABU DHABI/AD MEDIA OFFICE The Department of Municipalities and Transport (DMT) has announced the opening of …
Read More »China’s banks are looking healthier. Time to get picky
China’s banks are turning the corner — or are they? A surprise increase in full-year profit at Agricultural Bank of China Ltd. and better-than-estimated 2016 earnings at Bank of Communications Co., or Bocom, are reinforcing the view that lenders in the People’s Republic are getting a grip on their multiyear bad-loan problem. And with short-term interest rates starting to …
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