Chinese banks expected to face lower margins.

Published date17 April 2024

BANKING AND CREDIT NEWS-April 17, 2024--Chinese banks expected to face lower margins

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Global Banking News - 17 April 2024

Analysts feel that major commercial banks in China could face lower margins as interest rates could fall further.

The banks are expected to face lower net interest margins (NIMs) as a fall in interest rates could affect earnings. All four megabanks reported contraction in NIMs to between 1.41 percent and 1.60 percent in the fourth quarter of 2023, compared to between 1.69 percent and 1.90 percent in the corresponding...

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