Agbank’s Profit Jumps as Bad-Loan Provisions Fall

Agbank’s Profit Jumps as Bad-Loan Provisions Fall Play

Aug. 29 (Bloomberg) -- Agricultural Bank of China, the nation’s third-largest lender by market value, posted a 22 percent increase in second-quarter profit as it set aside less money for bad loans, while lending and fee income rose. Mia Saini reports on Bloomberg Television's "First Up." (Source: Bloomberg)

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