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BBCNEWS World Business Report June 4, 2024 04:42:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:42:00

Because of lower credit loss provisions so that released more of that earnings coming out and also, there has been great growth in the personal and wealth lending space which asia is pretty strong. i actually think interest rate is actually think interest rate is actually passed the negative and if you look at the interest rate margins, it is been lower because of the interest rate position. so it's really because of some temporary factors such as the year on year comparison and credit loss provision going lower. janet mui, provision going lower. janet mui. many _ provision going lower. janet ...

BBCNEWS BBC News June 4, 2024 05:41:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 05:41:00

It is interesting they have done so well when interest rates are around the world at record low levels. yes. basically, the good result is mainly supported by the economic recovery. so very easy comparison versus last year at the worst of the pandemic, so we get that lift year—on—year. also, we also saw major part because of lower credit loss credit loss permissions, released more of the earnings coming out. also there has been great growth in the personal and well lending space, which for asia is pretty strong. i actually think the interest rate element is passed negative. if you look at ...