China's AgBank needs to make provisions to prepare for trade friction - exec

BEIJING (Reuters) - The Agricultural Bank of China needs to make provisions to prepare for trade friction and zombie firm failures, the president of the lender said at a press conference in Beijing on Wednesday.

Zhao Huan's remarks come a day after the bank posted higher profits for the first half of the year.

(Reporting by Shu Zhang, Writing by Engen Tham; Editing by Himani Sarkar)