China's ICBC sees slower decline in bank margins this year

Reuters2025-03-28
China's ICBC sees slower decline in bank margins this year

March 28 - The Industrial and Commercial Bank of China 601398.SS said on Friday net interest margins for banks would continue to fall in 2025, but at a slower pace.

The remarks were made by a vice president of the lender at a post-annual results press conference.

(Reporting by Ziyi Tang in Beijing and Engen Tham in Shanghai. Editing by Mark Potter)

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