Large banks are accelerating their expansion to lower-tier cities! The balance of inclusive small and micro loans is increasing while interest rates are decreasing. Small and medium-sized banks are speeding up to attract customers.

From the perspective of inclusive finance, state-owned banks continue to lower the average interest rate on inclusive loans for small and micro enterprises this year, while the loan balance has grown rapidly since the beginning of the year. Joint-stock banks and city commercial banks, on the other hand, compete for customers based on service quality.

cls.cnNov 4 10:16 ET

China Feihe Unit Invests 500 Million Yuan in China Construction Bank's Financial Product

MT NewswiresNov 4 07:55 ET

Earnings Call: CCB Reports Stable Growth and Commitment to Green Finance

InvestingNov 4 04:08 ET

Citic Sec: The implementation of advanced methods of capital measurement is progressing in an orderly manner. It is recommended to reevaluate the investment value of banks.

From the perspective of investing in the banking sector, the revenue growth rate and profit growth rate of listed banks in the third quarter have both improved, with overall sound asset quality. Currently in the observation period of the macroeconomic policy effects, the subsequent policy support is expected to help alleviate real risks, especially the credit risks of the urban investment and real estate sectors, providing a solid foundation for the stability of the banks' net assets.

Zhitong FinanceNov 3 19:38 ET

China Construction Bank Corporation (CICHY) Q3 2024 Earnings Call Transcript Summary

moomoo AINov 1 23:57 ET · Conference Call

Minsheng Securities: In the third quarter of 2024, the performance growth rate of the six major state-owned industries has marginally improved, and the asset quality remains stable.

In the third quarter of 2024, the six major banks' overall operations are stable, with the asset scale steadily expanding, and the asset quality maintained at a reasonable level.

Zhitong FinanceNov 1 03:20 ET