Bloomberg Markets :press: on Nostr: China’s Mega Banks Trim Deposit Rates as Stimulus Hits Profits China’s largest ...
China’s Mega Banks Trim Deposit Rates as Stimulus Hits Profits
China’s largest state-owned lenders have cut their deposit rates on Friday, their second reduction this year as they rushed to salvage record low margins amid weakened profitability. #press
https://www.bloomberg.com/news/articles/2024-10-18/china-s-mega-banks-trim-deposit-rates-as-stimulus-hits-profits?utm_source=press.coop
China’s largest state-owned lenders have cut their deposit rates on Friday, their second reduction this year as they rushed to salvage record low margins amid weakened profitability. #press
https://www.bloomberg.com/news/articles/2024-10-18/china-s-mega-banks-trim-deposit-rates-as-stimulus-hits-profits?utm_source=press.coop