Chinese banks

Profitability of Chinese banks set to fall

Once again, the country's lenders will post good 2011 results, however, 2012 earnings prospects are gloomy.

<div style="text-align: left;"> Bank of China's profit growth is already the weakest of its peers </div>

Lillian Liu

March 22, 2012

Chinese banks routinely publish good annual results these days. Their 2011 earnings, which will be announced from today onwards, are likely to set new records as well. But this good fortune will not continue. Rising bad loans and weaker demand are hurting the earnings outlook for banks in 2012.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.