CCB's 1Q Saw Continuous NIM Expansion and Eased Credit Risks
Narrow-moat China Construction Bank, or CCB, posted solid first-quarter results featuring a 7.3% growth in revenue and 5.4% growth in net profit. The results came in largely in line with our expectation, confirming our view that large banks are better positioned to steer through rising challenges brought by intensifying deposit competitions and tightening rules in asset management business. Impact of the implementation of IFRS9 looked manageable. We estimate the adoption of expected credit losse...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.