Bank of China says faces margin pressure in second half from rate liberalisation
BEIJING (Reuters) - Bank of China Ltd said on Friday it faces margin pressure in the second half of this year from interest rate liberalisation, an official said at a press conference.
Bank of China Vice President Zhang Jinliang also told a results briefing that the weak trade sector hurt the lender's fee income in the first half.
(Reporting by Shu Zhang in Beijing and Engen Tham in Shanghai; Editing by Muralikumar Anantharaman)
