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Fitch: China Banks' Net Interest Margins Declining
Posted
August 30, 2023
Views
4,740
Likes
66
Comments
10
Engagement
1.60%
August 30, 2023
4,740
66
10
1.60%
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4:23Now PlayingGrace Wu, head of Greater China bank ratings at Fitch Ratings, discusses the prospects for the banking industry. China’s largest banks are preparing to cut interest rates on existing mortgages and deposits, the latest state-directed measures to shore up growth in the world’s second-largest economy. Wu speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
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