Average private banking net interest margins sat at 4.86 per cent at the end of June, more than double the industry average of 2.05 per cent. Photo: iStockphoto

China’s fledging private banks get off to a smooth start in nation run by the Communist Party

Topic |   Private banking
Average private banking net interest margins sat at 4.86 per cent at the end of June, more than double the industry average of 2.05 per cent. Photo: iStockphoto
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