Banks' earning potential dented by rise in ratio
By Wang Lan | China Daily | Updated: 2008-06-12 07:21
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A worker fixes a bank sign in Hai'an, Jiangsu province. Xu Jinbai |
The latest 1 percentage point rise of the bank reserve requirement ratio to 17.5 percent could further squeeze commercial banks' earnings potential as many are not moving quickly enough to diversify their income sources, analysts say.
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