Tag Archives: tide

Chinese commercial banks fear stimulus measures will do little to stem tide of mortgage prepayments, squeezing margins

China’s business banks are elevating questions on whether or not the central financial institution’s latest minimize to excellent mortgage charges can be adequate to carry again a flood of mortgage prepayments and assist shield financial institution margins. The Individuals’s Financial institution of China (PBOC) unveiled new steering final month requiring business banks to decrease rates of interest on excellent mortgages …

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