Econ and Finance - 11 Aug 2020

Bank profits tank in Q2

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

The banking regulator (CBIRC) dropped the latest stats for the banking system on Monday.

The headline:As you might expect, bank profitability dropped through the floor in Q2 2020 (Caixin).

“China’s commercial banks reported a 9.4% decline in first half net profits to 1 trillion yuan ($143 bil...

Snuh-ohez.

Your subscription doesn't include access to this content. Upgrade your account to access.

Change your plan