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Tuesday, January 28, 2014
China Citic Bank writing off $852 mln in bad loans
BEIJING--China Citic Bank Corp. (0998.HK) will write off 5.2 billion
yuan ($852 million) in nonperforming loans after securing shareholder
approval. Shareholders approved a previously announced plan to increase
the amount of nonperforming loans to be written off from 2...
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