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BOC Foresees Steep Narrowing in YoY NIM Decline This Yr with Positive Growth in NII
Recommend 13 Positive 27 Negative 10 |
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Liu Chenggang, Executive Vice President of BANK OF CHINA (03988.HK), said that the bank's NIM stood at 1.26% in 2025, notching a YoY drop of 14 bps. Since the second half of last year, the NIM has stabilized and picked up, remaining flat compared to the first half, while NII has grown both YoY and QoQ. Looking ahead to 2026, he forecast the YoY decline in NIM to narrow considerably, with NII likely to achieve positive growth. Liu noted that the current external environment presents several instability factors, such as geopolitical tensions propping up oil prices, which also compresses the room for interest rate cuts among major international currencies. The domestic banking industry still faces a low-interest-rate environment, but the bank is confident in seizing market opportunities to further enhance operational resilience and sustainable development capabilities. AASTOCKS Financial News Website: www.aastocks.com |
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