Banks face slower profit growth
Updated: 2013-07-31 17:21
By WU YIYAO in Shanghai (chinadaily.com.cn)
|
|||||||||||
Net profit growth for lenders may slow this year, according to a report by China Banking Association on Tuesday.
The report said lenders listed in the A-share market may see net profit growth drop to 8 percent year-on-year.
Lenders face increasing risks while net profit shrinks amid slowing economic growth, and they may face greater pressure in the next few years, the report said.
Commercial banks need to restructure their assets and liabilities, the report said.
Related Stories
Nationwide debt audit crucial for policymaking 2013-07-31 10:18
Bank assets see lowest growth in two years 2013-07-26 17:58
Chinese banks' assets up 13.5% 2013-07-26 09:10
Lending rates reform has 'no impact' on ratings 2013-07-25 17:55
Banks' image brightens with customers 2013-07-23 07:19
Today's Top News
Trilateral FTA talks still at exploratory stage
Israelis, Palestinians will meet again soon: Kerry
Apple faces more staff abuse charges
Japan diplomat seeks to mend ties
Beijing and Canberra to resume trade talks
Top leader vows to meet growth target
PBOC repo move to ease concerns
China expected to rise in luxury travel market
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Duo find new lives, homes a world apart |
Education overhaul |
Carbon market helps cut emissions |
Attractive Cities for Foreigners |
Terraces on top of the world |
No summer relief for kindergarten |