Smaller city banks such as Bank of Chongqing can charge higher interest rates to local companies to compensate for the higher risk. Photo: SCMP Handout

Bank of Chongqing Q3 profit result up 11.2pc, bolstered by fee and commission income

Bank of Chongqing third-quarter result backs up the trend of smaller banks outperforming larger rivals following interest rate cuts by the PBOC

TOP PICKS

Smaller city banks such as Bank of Chongqing can charge higher interest rates to local companies to compensate for the higher risk. Photo: SCMP Handout
READ FULL ARTICLE