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China's big banks post rise in Q3 profits, squeeze on NIM

China's largest banks reported third-quarter profit increases despite slimmer profit margins and ongoing challenges in the economy, including reduced loan demand and pressure on net interest margins.

investing.com • 30/10/2024 - 09:47 AM

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China banks weigh trimming deposit rates as early as this week, Bloomberg News reports

Chinese banks are expected to reduce deposit rates significantly, following central bank guidance, to alleviate financial pressure amid economic slowdown and high bad debts.

investing.com • 15/10/2024 - 04:00 AM

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China's big banks to cut existing mortgage rates Oct 25

China's major banks cut mortgage rates to stimulate the economy and support the property market starting October 25, reducing rates up to 30 basis points below the benchmark.

investing.com • 12/10/2024 - 02:05 AM

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China's top banks post lower second quarter profit as property sector weighs

China's largest banks reported lower profits amid weak loan demand, but issued dividends. Economic struggles persist with pressure on interest margins and rising property sector bad loans.

investing.com • 30/08/2024 - 13:47 PM

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Morning Bid: Data deluge closes out rollercoaster month

Asian markets face mixed conditions with significant economic releases, including GDP and inflation data from key countries. Investors are poised for potential volatility amid varied corporate earnings.

investing.com • 29/08/2024 - 21:53 PM

China's big banks post rise in Q3 profits, squeeze on NIM

China banks weigh trimming deposit rates as early as this week, Bloomberg News reports

China's big banks to cut existing mortgage rates Oct 25

China's top banks post lower second quarter profit as property sector weighs

Morning Bid: Data deluge closes out rollercoaster month

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