国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economy

Markets

Industries

Insights

Reports

Events

Bank of Communications expects 2 to 3 rate cuts for 2009

(Xinhua)
Updated: 2008-12-21 08:43

Bank of Communications, one of the top five banks on the Chinese mainland, forecast two to three interest rate cuts for 2009.

The bank said on Saturday the central bank would cut rate by 54 to 81 basis points next year. Although commercial banks would see a profit rise of 40 to 50 percent in 2008, they could hardly have positive net profits next year.

The 2009 growth would mainly come from the spread between deposits and loans and intermediary businesses, while the reduced spread and changes in the assets quality would have a negative impact on commercial bank's profits.