financetom
Business
financetom
/
Business
/
China's Bank of Communications says margin pressure will continue in short term
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
China's Bank of Communications says margin pressure will continue in short term
Mar 21, 2025 3:20 AM

BEIJING, March 21 (Reuters) - China's Bank of

Communications said on Friday net interest margins - a key

indicator of profitability - will continue to face pressure in

the short term.

The remarks were made by the lender's Vice President Zhou

Wanfu at a press conference following the publication of annual

results.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Frontier Communications Shareholder Glendon Capital to Vote Against Verizon Acquisition
Frontier Communications Shareholder Glendon Capital to Vote Against Verizon Acquisition
Oct 23, 2024
09:14 AM EDT, 10/23/2024 (MT Newswires) -- Frontier Communications Parent ( FYBR ) shareholder Glendon Capital Management said Wednesday it will vote against Frontier's proposed sale to Verizon (VZ) for $38.50 per share as the deal substantially undervalues the company. In a letter to Frontier's board, Glendon, which holds nearly 10% of the company's shares, said it estimates Frontier's enterprise...
McCormick Expects to Reach Long-Term Growth Targets by 2028, Reaffirms 2024 Guidance
McCormick Expects to Reach Long-Term Growth Targets by 2028, Reaffirms 2024 Guidance
Oct 23, 2024
09:15 AM EDT, 10/23/2024 (MT Newswires) -- McCormick ( MKC ) said Wednesday it expects to reach the low end of its long-term growth targets for net sales, operating income, and earnings per share by 2028, without the benefit of acquisitions. The company reiterated its growth targets over the five-year period ending in 2028 of 4% to 6% for net...
Soccer-Mourinho seeks winner's medal and bonus if Man City are stripped of titles
Soccer-Mourinho seeks winner's medal and bonus if Man City are stripped of titles
Oct 23, 2024
Oct 23 (Reuters) - Jose Mourinho cheekily said he is looking to add a fourth Premier League medal to his glittering cabinet if Manchester City are stripped of their titles and rivals Manchester United ( MANU ) are awarded the Premier League trophy for the 2017-18 season. Mourinho, who won three titles with Chelsea, guided United to a second-place finish...
BRIEF-Lumos Pharma Enters Into Definitive Merger Agreement With Double Point Ventures To Go Private Via A Tender Offer Of $4.25 Cash Per Share Plus Contingent Value Rights (Cvr)
BRIEF-Lumos Pharma Enters Into Definitive Merger Agreement With Double Point Ventures To Go Private Via A Tender Offer Of $4.25 Cash Per Share Plus Contingent Value Rights (Cvr)
Oct 23, 2024
Oct 23 (Reuters) - Lumos Pharma Inc ( LUMO ): * LUMOS PHARMA ENTERS INTO DEFINITIVE MERGER AGREEMENT WITH DOUBLE POINT VENTURES TO GO PRIVATE VIA A TENDER OFFER OF $4.25 CASH PER SHARE PLUS CONTINGENT VALUE RIGHTS (CVR) * LUMOS PHARMA ENTERS INTO DEFINITIVE MERGER AGREEMENT WITH DOUBLE POINT VENTURES TO GO PRIVATE VIA A TENDER OFFER OF $4.25...
Copyright 2023-2025 - www.financetom.com All Rights Reserved