{"id":140800,"date":"2023-12-22T18:30:14","date_gmt":"2023-12-22T11:30:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-biggest-banks-lower-deposit-rates-for-third-time-in-2023-with-eye-on-improving-profitability\/"},"modified":"2023-12-22T18:48:50","modified_gmt":"2023-12-22T11:48:50","slug":"chinas-biggest-banks-lower-deposit-rates-for-third-time-in-2023-with-eye-on-improving-profitability","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-biggest-banks-lower-deposit-rates-for-third-time-in-2023-with-eye-on-improving-profitability\/","title":{"rendered":"China\u2019s biggest banks lower deposit rates for third time in 2023 with eye on improving profitability"},"content":{"rendered":"


\nChina\u2019s largest state-owned banks are lowering their deposit rates for the third time in 2023, in their latest effort to ease the pressure on their net interest margins and to improve profitability.
\n
\nSource : South China Morning Post
\nRead more…China\u2019s biggest banks lower deposit rates for third time in 2023 with eye on improving profitability<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s largest state-owned banks are lowering their deposit rates for the third time in 2023,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-140800","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ACY","jetpack-related-posts":[{"id":126811,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-banks-profitability-can-weather-record-cut-in-mortgage-lending-rates-analysts-say\/","url_meta":{"origin":140800,"position":0},"title":"Chinese banks\u2019 profitability can weather record cut in mortgage lending rates, analysts say","date":"May 23, 2022","format":false,"excerpt":"\r Chinese banks are likely to survive an unexpectedly large cut in their loan prime rate, the benchmark they use to price mortgages and long-term infrastructure loans, thanks to lower funding costs that have given them more headroom to heed Beijing\u2019s call to support the ailing property sector, analysts said.\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135761,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-banks-brace-for-tough-year-as-low-interest-rates-property-crisis-hit-profitability\/","url_meta":{"origin":140800,"position":1},"title":"Chinese banks brace for tough year as low interest rates, property crisis hit profitability","date":"April 4, 2023","format":false,"excerpt":"\r Major banks have reported declining net interest margins, a crucial measure of their profitability, while the struggling property market portends slower growth, if not an outright contraction, in new mortgage applications.\r \r Source : South China Morning Post\r Read more...Chinese banks brace for tough year as low interest rates,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-central-banks-move-to-raise-rates-will-increase-profitability-for-banks-lenders-and-will-help-contain-inflation-experts\/","url_meta":{"origin":140800,"position":2},"title":"UAE Central Bank\u2019s move to raise rates will \u201cincrease profitability for banks, lenders\u201d and will help contain inflation: experts","date":"March 17, 2022","format":false,"excerpt":"\r Given the UAE economy's impressive recovery from the pandemic, and the significant rise in oil prices, the impact of a rate hike on economic growth could be limited in the near term, experts said\r \r Source : arabianbusiness.com\r Read more...UAE Central Bank\u2019s move to raise rates will \u201cincrease profitability\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/03\/UAE-dirhams1-1000x667-2.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":126442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-post-covid-economic-recovery-is-improving-the-profitability-of-saudi-arabias-top-10-banks\/","url_meta":{"origin":140800,"position":3},"title":"How post-Covid economic recovery is improving the profitability of Saudi Arabia\u2019s top 10 banks","date":"May 10, 2022","format":false,"excerpt":"\r All of the top 10 Saudi banks reported growth as the aggregate loans and advances (L&A) grew 14.2 percent year-on-year in FY 2021\r \r Source : arabianbusiness.com\r Read more...How post-Covid economic recovery is improving the profitability of Saudi Arabia\u2019s top 10 banks","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/05\/riyadh_skyline-1000x729-1.jpg?fit=1000%2C729&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":104785,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-banks-become-first-in-chinas-megacities-to-ease-mortgage-rates-others-may-follow-suit-say-analysts\/","url_meta":{"origin":140800,"position":4},"title":"Shenzhen banks become first in China\u2019s megacities to ease mortgage rates \u2013 others may follow suit, say analysts","date":"March 8, 2019","format":false,"excerpt":"\r Mortgage rates in Shenzhen have begun to creep down, in a sign that the strict property controls holding house prices in check in mainland China\u2019s biggest cities may be starting to loosen.\r\rSome of the southern city\u2019s banks have tentatively lowered their borrowing costs for homeowners in the last few\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-seeks-to-ease-household-pressure-free-up-spending-power-by-pushing-banks-to-lower-mortgage-rates\/","url_meta":{"origin":140800,"position":5},"title":"China seeks to ease household pressure, free up spending power by pushing banks to lower mortgage rates","date":"August 2, 2023","format":false,"excerpt":"\r Authorities say they will continue to \u2018support the stable and healthy growth of the property market\u2019 amid China\u2019s overall economic slowdown, with one pledge to ask commercial banks to lower mortgage rates for existing borrowers.\r \r Source : South China Morning Post\r Read more...China seeks to ease household pressure,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140800"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=140800"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140800\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}