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Chinese Banks Plan Deposit Rate Cuts to Cushion Pain From a Faltering Economy

by Edinburg Post Report
August 31, 2023
in Latest • Trending
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Large commercial banks in China are planning to lower some deposit rates, ahead of anticipated mortgage-rate cuts that will further squeeze profit margins.

Tags: 601398.SHAsiaAsia PacificBankingBanking/CreditBRICS CountrieschinaCN:601398Commercial BankingcreditDeveloping EconomiesEast AsiaEconomic NewsEmerging Market CountriesFinancial ServicesGreater ChinaIndustrial & Commercial Bank of ChinaInterest RatesMonetary Policymortgage banksMortgage Banks/Real Estate Creditreal estate creditSYNDWSJ-PRO-WSJ.comwsjfinance-asia
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