Chinese banks cautious on new loans
Relaxed monetary policies impart little boost on new lending in China
Relaxed monetary policies impart little boost on new lending in China
Banks remain cautious over credit quality–and further cuts will do little to change their minds.
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1. UOB reports flat net profit growth in Q1 despite record fee income 2. Sea rebrands digital finance business SeaMoney to Monee 3. Barclays integrates Ant Int’l model to FX hedging platform 4. DBS’ net profit fell 2% to S$2.9b in Q1 2025 on higher tax expenses. 5. Hong Leong Bank unveils Meet @ HLB Branch concept in SemenyihResource Center
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Productive sectors need more capital to stimulate the slowing economy.
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