Monday, March 25, 2013

CCB says greater competition set to hurt growth





China Construction Bank, the mainland's second-biggest bank by assets after Industrial and Commercial Bank of China, has warned that interest rate liberalisation could hurt its future income growth, after cuts to government-set benchmark interest rates in the middle of last year.









via Business feed http://www.scmp.com/business/banking-finance/article/1198979/ccb-says-greater-competition-set-hurt-growth

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