Tag: Freshop

The Q2 report reveals a 17% growth in profits for commercial banks compared to the previous year. This is an encouraging figure, yet it masks a significant disparity in the performance of individual banks. A closer look at the numbers reveals a wide gap in provisioning policies, which warrants further investigation and raises several concerns.

"The market has been on an upward trajectory for over a month now, and a correction is necessary to facilitate accumulation and build a foundation for conquering new peaks," predicted the expert from Pinetree.

At the Conference on Deploying Solutions to Stabilize Deposit Interest Rates and Reduce Lending Rates, representatives from multiple banks pledged to reduce lending rates and shared insights into their practical experiences and proposals to more effectively support the economy.