Asset quality

China’s Big Banks Post Profit Gains on Lower Impairments

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China’s biggest banks delivered profit gains last year as sliding credit impairments offset narrowing margins.  Industrial & Commercial Bank of China Ltd., the nation’s largest, said net income rose 0.5% to 365.9 billion yuan , according to a Friday filing. Agricultural Bank of China Ltd. said profit rose 4.7% while China Construction Bank Corp. delivered … Read more

Large Indian NBFIs poised to outperform economic and regulatory challenges: Fitch Ratings

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Large Indian NBFIs poised to outperform amid economic and regulatory challenges: Fitch Ratings

2025-01-24 14:04:00 : New Delhi [India]January 24 (ANI): India’s large non-bank financial institutions (NBFIs) are better positioned to weather economic and regulatory challenges than their smaller peers, according to Fitch Ratings. Although higher economic conditions, bank financing and asset quality issues are expected to impact the sector’s credit growth and profitability in the short term, … Read more