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Chinese banks' profit decline to worsen in H2: Fitch Ratings
Updated : 5 years, 8 months ago IST
Hong Kong/Shanghai, September 4 (ANI): The fall in Chinese banks' profits will accelerate in the second half of current calendar year as authorities target to more than double the amount of non-performing loans (NPLs) resolved compared with the first half of the year, Fitch Ratings has said.
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Stable outlook for Chinese banks balances deteriorating operating environm
Updated : 6 years, 7 months ago IST
Hong Kong, Oct 9 (ANI): The operating environment for Chinese banks is deteriorating as the escalating trade tensions with the United States will add further pressure to the country's economic growth, Moody's Investors Service said in a new report released on Wednesday.
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