Bank of Communications
See below for the Latest Bank of Communications News, Analysis, Profit Results, Share Price Information, and Commentary.
BoCom Hong Kong profitability lifted by interest and fee income
BoCom Hong Kong profitability lifted by interest and fee income
The growth of its wealth management business will benefit fee income, says Moody’s
Chinese state banks’ enhanced policy roles increases support prospects
Banks are expected to log moderate credit growth and no increase in risk appetite.
China’s Big 5 banks expected to boost lending with capital support
Fee income may also recover if new stimulus policies are effective, said CreditSights.
BoCom to prioritize risk control, moderate loan book growth: S&P
Its loan book is projected to grow slower in 2024-2026.
Improved outlooks on the horizon for Chinese finance companies
Policies to slow debt growth and control property prices appear to be working, abating economic risks.
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He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.
