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China banks’ deposit growth to decline to 16% in 2012: Barclays
May 22, 2012
Growth in retail deposits is anticipated to deteriorate to a single-digit rate over the longer term, says the bank.
The growth of retail deposits is forecasted to continue declining in the next few years as financial institutions continue to compete with growing wealth management products (WMPs).
Retail deposit growth in 2011 slowed to a rate of 13% from about...
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