No Data
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.
Express News | Shede Spirits Says Bank of China's Sichuan Branch Agrees to Provide up to 140 Mln Yuan in Loans for Co's Share Buyback Initiative
Market Chatter: Singapore Exchange to Launch Hong Kong SDRs
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.
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.
Morgan Stanley: Upgrade Bank of China (03988) to "shareholding", Q3 performance slightly exceeds expectations.
Bank of China's third-quarter performance slightly exceeded expectations.
No Data
No Data
