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.
Thought Leadership Centre
Most Read
1. Japan’s SMFG eyes $1.1b additional investment in India’s Yes Bank: report 2. GXS Bank launches GXS Invest 3. Singapore and China reaffirm green finance cooperation 4. Hong Kong lenders consider making bad bank to offload $25b in soured loans 5. Singapore banks’ interest income expected to come weaker in Q2Resource Center
Read Here
Advertise
Sign Up
Event News
The bank was honoured for being a trusted wealth partner for high-net-worth clients and for setting a new standard in digital wealth management.
Commentary
Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia