China’s big banks post rise in Q3 profits, squeeze on NIM
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China’s big banks post rise in Q3 profits, squeeze on NIM
China’s largest lenders posted a rise in third-quarter profits on Wednesday, although margins were slimmer for some. The frontrunner was Agricultural Bank of China Ltd (AgBank), which reported a 5.88% rise in third quarter net profit. Four of the country’s other biggest banks also reported profit i»»»
China’s Proposed Capital Rules to Align with Final Basel III
Vivian Xue and Grace Wu at Fitch Ratings estimate the four Chinese G-SIBs will need to issue at least CNY 1.3 trillion in capital instruments by January 2025. Proposed capital rules stemming from the implementation of the final Basel III standards will not immediately affect the ratings of Chinese »»»
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