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The transformation of the Banking Industry in adversity in 2024: the mud and dawn of the "light asset" vision.
How far is dawn?
On the first trading day of the New Year, Bank stocks opened high and then fell back. Many Institutions: the opening performance may be better than in previous years, but the trend of declining net interest margin remains unchanged.
① The crediting ratio between each quarter is expected to recover to a ratio of 4:3:2:1. ② It is expected that policy trends will continue, gradually boosting demand in the Real Estate sector. ③ This year, the decline in net interest margin for Banks is narrower compared to 2024, with a calculated interest margin of 1.34% under neutral assumptions.
Huishang Bank Announces Director Resignation
HUISHANG BANK (03698): Wu Tian resigns as Non-Executive Director.
HUISHANG BANK (03698) announced that due to reaching the retirement age, Mr. Wu Tian, a non-executive Director of the bank, will retire in December 2024...
Huishang Bank Appoints KPMG as New Auditors
HUISHANG BANK (03698) intends to change its external audit firm.
HUISHANG BANK (03698) announced that after completing the 2024 annual audit work, Ernst & Young Hua Ming Accounting Firm...
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