Market news
09.10.2019, 09:20

Moody’s maintains stable outlook for Chinese banking system amid US-China trade spat

Moody’s Investors Service, released its latest review report on the Chinese banking system, maintaining a stable outlook.

"The operating environment for Chinese banks is deteriorating as the escalating trade tensions with the United States will add further pressure to the country's economic growth", Moody's said.

Nevertheless, Moody's maintained its stable outlook for the Chinese banking system on stable liquidity and adequate capitalization.

"Despite the ongoing trade tensions and slowing economic growth, accommodative government policies will support the asset quality of Chinese banks over the next 12 to 18 months while capital and liquidity also remain adequate. However, profitability will weaken on declining asset yields due to looser monetary policy and interest rate reform and continued high credit costs to reflect high corporate leverage and a slowing economy", Moody's said.

© 2000-2021. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Feedback
Live Chat E-mail
Up
Choose your language / location