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Higher for longer interest rate environment continues to benefit banks’ profitability in 2024, KPMG report finds

  • Written by Reporters

Banks must stay ahead of technology development and climate risks to thrive in fast-changing

HONG KONG SAR - Media OutReach Newswire - 11 July 2024 - Banks in Hong Kong saw moderate balance sheet growth last year with notable increases in net interest margins (NIM) and operating profit amid higher interest rates. In line with KPMG's prediction in...

Read more: Higher for longer interest rate environment continues to benefit banks’ profitability in 2024,...

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