www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Industries

Opportunities await nation's banks, E&Y says

By Jiang Xueqing (China Daily) Updated: 2014-05-09 09:46

Opportunities await nation's banks, E&Y says

Four women walk in front of the headquarters of Bank of China in Beijing. China's banking industry still has opportunities in the long run as the fundamentals supporting the country's long-term economic growth remain unchanged, according to a China banking industry report issued by Ernst & Young LLP. Wang Yueling / For China Daily

Fundamental changes mean new potential for profit and growth

China's banks can embrace opportunities thrown up by the country's economic fundamentals and prospects for long-term economic growth, London-headquartered Ernst & Young LLP said in a report on Thursday.

"Industrialization, urbanization and information technology all enjoy broad development space and the growth potential will be realized gradually" once the economy restructures and industry upgrades, Geoffrey Choi, the assurance leader of EY Financial Services in Greater China, said. Commercial banks need to change strategically and "build a long-term sustainable growth engine."

Opportunities await nation's banks, E&Y says
Share prices of China's listed banks are extremely low and will continue to be undervalued if investors don't assess properly how banks will be hit by rising non-performing loans and weakening house prices, he said.

At end-March, the average NPL ratio of 16 A-share listed banks was 1.01 percent compared with 0.98 percent at end-December. The banks have enhanced protection against credit risk and been more aggressive in collecting and writing off bad loans to improve asset quality. The write-offs increased to 83.47 billion yuan ($13.55 billion) in 2013 from 34.13 billion yuan in 2012.

Additionally, China's interest rate liberalization is having an impact on the banks' net interest margin, Ernst & Young's report said. To tackle that, banks attempted to expand intermediary business and explored new areas for business growth.

In 2013, the average net interest margin, a main index of banks' profitability, of the listed banks dropped 17 basis points to 2.61 percent from 2.78 percent in 2012, compared with a 4 basis-point decline in 2012 from 2011.

Their fee and commission income grew 23 percent in 2013, to make up 20 percent of operating income compared with 18 percent for the previous year.

Commercial banks will embrace opportunities in investment banking, thanks to an expected increase in mergers and acquisitions growing out of economic restructuring and increased demand for underwriting and issuing of debt securities, Choi said.

Greater demand for wealth management is expected as household incomes increase, he said. That will support development of asset management services, he said.

Opportunities await nation's banks, E&Y says

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 亚洲成av人影片在线观看 | 伊人五月天婷婷琪琪综合 | 成人在线午夜 | 亚洲视频在线免费观看 | 狠狠色丁香婷婷久久综合考虑 | 国产伦码精品一区二区 | av毛片在线看 | 欧美深夜影院 | 中美日韩在线网免费毛片视频 | 中文一级国产特级毛片视频 | 免费一级特黄特色黄大任片 | 毛片免费观看的视频在线 | 亚洲欧美国产精品久久久 | 国产成人经典三级在线观看 | 男女一级爽爽快视频 | 碰超在线观看 | 国产成人精品精品欧美 | 亚洲免费在线视频播放 | 国产美女精品在线 | 国产欧美久久久精品影院 | 人人公开免费超级碰碰碰视频 | 一级毛片免费播放视频 | 国产91精品在线 | 久久国产午夜精品理论片34页 | 18视频网站在线观看 | 日韩免费一区二区三区在线 | 亚洲人成影院在线高清 | 成人毛片在线视频 | 亚洲人成高清毛片 | 国产原创系列在线 | 女在床上被男的插爽叫视频 | 国产一级片大全 | 欧美视频亚洲视频 | 亚洲免费视频在线观看 | 97久久精品午夜一区二区 | 一级做a爰全过程免费视频毛片 | 欧美韩国xxx | 欧美视频xxxxx | 亚洲男人天堂手机版 | 中文字幕在线无限2021 | 亚洲免费在线播放 |