Bank of China says yields of onshore renminbi assets helped support margins in first half
Bank of China says yields of onshore renminbi assets helped support margins in first half SHANGHAI, Aug 28 (Reuters) - Bank of China 601988.SS, 3988.HK, China's fourth-largest commercial bank, said on Friday that yields of domestic renminbi assets stabilised marginally, which helped support the group's net interest margins.
The remarks were made by BoC's President Zhang Hui in a press conference that took place after the lender posted its first-half earnings report.
(Reporting by Selena Li in Hong Kong
Writing by Engen Tham in Shanghai; Editing by Susan Fenton)
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