Chinese banks

Chinese bank profit growth may fall to single digits in 2013

Profits will be squeezed by lower interest margins and fee income, analysts say.
<div style="text-align: left;"> Minsheng Bank is expected to be the most resilient among the Chinese lenders in terms of earnings growth (Imaginechina) </div>
<div style="text-align: left;"> Minsheng Bank is expected to be the most resilient among the Chinese lenders in terms of earnings growth (Imaginechina) </div>
August 28, 2012

The profitable Chinese banks are not immune to the country’s slowing economic growth and their profit growth will drop below 10% in 2013, analysts estimate.

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