Mid-sized lender China Minsheng Bank reported a gain in third-quarter profit, helped in part by saving from a lower government tax bill. Photo: Reuters

Minsheng Bank Q3 profit rises 3.4pc, thanks in part to reduced tax bill

A battle amongst substantial shareholders for control of Minsheng Bank continues, prompting analysts’ concerns about effective leadership at the mid-sized lender

Topic |   Banking & Finance

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Mid-sized lender China Minsheng Bank reported a gain in third-quarter profit, helped in part by saving from a lower government tax bill. Photo: Reuters
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