Moody's: Interest-rate liberalization taks a toll on banks - Breaking News Allvoices

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Source: China News
Nim : Denmark | 7 months ago  
Ruling out effects of the recent reduction in benchmark rates, the current increased flexibility in setting interest rates alone could depress Chinese banks' net interest margin...
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  • Rate deregulation may hurt banks' margins

    Chinadaily | 7 months ago
    China's moves to deregulate interest rates may cut banks' 2012 profits by 28.5 billion yuan ($4.5 billion), or 3 percent of last year's figure, by squeezing loan profitability, according to Moody's Investors Service. "Allowing banks greater...


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