Banks’ net interest margins continued falling in Q1
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Banks’ net interest margins (NIMs) continued to decline in Q1. On May 15, the financial regulator (NFRA) disclosed that commercial banks’ NIMs were 1.40% at end-March, down from 1.42% three months earlier. China’s big six state owned banks had the worst NIMs, averaging 1.29%, down from 1.3% at end-2...