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    News: 2024.04.02

    Bank of China executives plan to resolve real estate and local debt risks

    Reuters quoted Bank of China executives as saying they were planning to resolve risks in key areas, including real estate and local debt. The report also mentioned that Bank of China executives said that interest rate spreads will still face great pressure this year. At the same time, pressure on high-cost deposits...

    Bank of China executives plan to resolve risks

    Bank of China executives revealed that they are actively planning to resolve risks in key areas, including real estate and local debt. This measure aims to ensure the stability and healthy development of the financial system.

    Real estate risks draw attention

    As the real estate market fluctuates, Bank of China executives are particularly concerned about resolving real estate risks. They plan to adopt a series of measures to effectively deal with possible risks and ensure the stable operation of the financial system.

    Interest rate pressure remains

    Despite actively responding to risks, Bank of China executives admitted that interest rate spreads will still face great pressure this year. This means banks need to work harder to manage funding costs to ensure business continuity.

    • Pressure on high-cost deposits intensifies
    • Changes in the financial environment need to be addressed
    • Risk management becomes a priority

    Overall, the risk-resolving measures planned by Bank of China executives will provide strong support for the stability and healthy development of the financial system. It also requires banks to remain vigilant when facing the challenges of interest margin pressure and high-cost deposits to ensure business long-term development.