Q1 net interest difference of Banks in Hong Kong narrowed to 2.13%

Hong Kong Monetary Administration pointed out it the latest quarterly report that the operation earnings of the local banks dropped slightly from a year earlier, which can be mainly attributed to the decline in net interest income and rise in operational expense.

The Q1 year-on-year net interest difference is narrowed to 2.13% vs the 2.4% of the previous Q1 and 2.2% of the Q4 last year.

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