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Fitch Bohua: 1Q CN Commercial Banks' NIM Further Narrows to 1.43%
Recommend 31 Positive 58 Negative 27 |
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In 1Q25, the asset scale of Chinese commercial banks grew by 5% YoY, Fitch Bohua released a report saying. There was a certain differentiation in the asset growth rates among different types of banks, with regional banks continuing to leverage local economic vitality to maintain their asset growth advantage. The net interest margin (NIM) of commercial banks further narrowed to 1.43% during the quarter, a 9 bps narrower decline from 2024, with the margin of narrowing NIM easing, according to the report. The yield on the asset side of commercial banks further declined. Considering that the LPR may continue to be lowered while the reduction in deposit rates generally lagged behind, it is expected that the NIM of commercial banks will continue to narrow within the year. AASTOCKS Financial News Website: www.aastocks.com |
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