China rate cut decreases banks' net interest income
Recent rate cuts to shave off $7.2b from Chinese banks’ net interest income
Recent rate cuts to shave off $7.2b from Chinese banks’ net interest income
The impact on mortgage loans will not be felt until January 2023.
Join the community
Thought Leadership Centre
Most Read
1. UOB to take legal action against Yang Kee Logistics’ ex-CEO 2. OCBC to finance $10.9b of investments to UK growth sectors 3. Singapore’s financial sector turns to contract hiring for cost control 4. India’s credit card spend slumps 9% MoM to 7-month low 5. ANZ moves up incoming CEO Nuno Matos’ start date to May 12Resource Center
Awards
Jul
03
Jul
03
Jul
08
Events
Event News
PH banks and insurers face MSME credit gap, AI fraud, climate risk
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
Why high capital levels are a double-edged sword for Singapore banks
WealthTech vs. Banks: The battle for Asia’s $700b digital wealth opportunity
Empowering Women in Finance: Securing a Future of Opportunity