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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Chinese #banks’ net interest margin hit record low in Q1 as lending rates fell https://t.co/SneX7rsqGC
Banks are getting a serious margin call right now. From the recent FDIC report... "This is the ninth straight quarter of unusually high unrealized losses since the Federal Reserve began to raise interest rates in first quarter 2022." https://t.co/bJ3WhKXv6D
Overdue commercial real estate loans tied to U.S. banks increased to 1.25% in the first quarter — a new cycle high, according to a recent analysis by S&P Global Market Intelligence. https://t.co/5ZcrRM22vC
Chinese lenders' net interest margin fell to a record low in the first quarter, marking the lowest level in 13 years. This decline in net interest margin, a key profitability metric for China’s commercial banks, has weighed down their profit growth. The drop is attributed to declining lending rates.
