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<HK Home>Fitch Bohua Anticipates Mainland CN Interest Rates to Keep Declining Next Yr, Banking NIMs Remain Subdued
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Fitch Bohua opined that banking liquidity in Mainland China will remain abundant in 2026 under a “more proactive” fiscal policy and “moderately loose” monetary policy, and expected that interest rates will keep declining, with banking NIMs still facing certain narrowing pressures.

Under the policy tone of “activating existing assets”, financial resource allocation in 2026 is projected to accelerate towards new quality productivity and national key strategic areas. Fitch Bohua also believed that the credit outlook for Chinese state-owned banks is stable in 2026.

Related NewsUnemployment Rate for Nov in China is 5.1%, unchanged from its last period. The forecast was 5.1%.

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