Free Trial

China's private banks are selling.......>

CHINA PRESS
CHINA PRESS: China's private banks are selling deposit products with lower
yields following action from the banking regulator, Securities Times reports.
The newspaper's research found few deposit products with interest rates higher
than 5%, the report said. Citing Wang Yifeng, the chief banking analyst with
Everbright Securities, the Times said interest rates on loans are falling
rapidly so banks can control liability costs when competing for customers. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.