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Europe Daily Bulletin No. 11065

24 April 2014
Contents Publication in full By article 29 / 29
BUSINESS NEWS NO 101 / (ae) banking

Disparities in 2013 results for major Chinese banks. - The results for the major Chinese banks in 2013 were mixed. On the positive side, profits for the five main institutions again broke new records. At a cumulative level they were worth 862 billion Yuan (more than €100 billion) or an annual increase of almost 13%. This therefore confirms the comfortable position enjoyed by Chinese banks, thanks to legislation that continues to maintain a margin between deposit and lending rates that...

Contents

ECONOMY - FINANCE
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
BUSINESS NEWS NO 101