China's listed banks see interest margins fall below warning line

Earning power hit by low lending rates and credit uncertainty

20240501N Shengjing Bank

Liaoning province-based Shengjing Bank's interest margin fell to 0.96% in 2023, the lowest of any listed Chinese bank.

NORIYUKI DOI, Nikkei staff writer

SHANGHAI -- Interest margins at China's listed banks continue to shrink, with almost 70% falling below an industry warning line, as lending interest rates fall from sluggish demand and credit uncertainty boosts funding costs.

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