Chinese bank results indicate weaker growth, but megabanks remain highly profitable
China’s big four banks are expected to post weaker results on the back of rising NPLs and a slowdown in economic growth. August 29, 2012 | Baron LaudermilkIf recent events are anything to go by, the upcoming 2Q12 results could be the last set of solid results for China’s big four banks due to a slowdown in economic growth, dwindling deposits and a more competitive market that may give commercial and rural banks an edge. Please login to read the complete article. If you already have an account, you can login now or subscribe/register.
Categories: China, Government Finance, Rmb, Wealth ManagementChina,Government Finance,Rmb,Wealth Management, China,Government Finance,Rmb,Wealth Management, , Capital Marketscapital, Capital Markets, Keywords:CCB, ABC, ICBC, PBoC, SMEs, Europe, United States, 2008 Financial Crisis, Liquidity, NBS, PMI, NPL, SME, SOE CCB, ABC, ICBC, PBoC, SMEs, Europe, United States, 2008 Financial Crisis, Liquidity, NBS, PMI, NPL, SME, SOE
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