A report from Bank of China International (BoCI) reseachers led by Yuan Lin estimates that a 3 per cent bond price decline would hurt banks’ net profits by approximately 2 per cent. Photo: Cpressphoto

China’s small banks vulnerable to bond sell-off, analysts say

Bank of China report estimates a 3pc bond price decline will hurt banks’ net profits by an average 2pc; Bank of Nanjing and Ping’An bank could see 6.8pc, 4.7pc falls

TOP PICKS

A report from Bank of China International (BoCI) reseachers led by Yuan Lin estimates that a 3 per cent bond price decline would hurt banks’ net profits by approximately 2 per cent. Photo: Cpressphoto
READ FULL ARTICLE