Here is what the page “Hong Kong banks’ profit growth slows as rising bad debts offset wealth-management income |” contains. Hong Kong’s retail banks posted 7.3 per cent pre-tax profit growth last year, as rising bad debts and a narrower net interest margin offset growing income... Hong Kong’s retail banks posted 7.3 per cent pre-tax profit growth last year, as rising bad debts and a narrower net interest margin offset growing income from wealth-management services. The city’s 30 retail banks recorded lower growth in aggregated pre-tax profit than in 2024, when profits increas Nova Global News curates publicly available headlines and summaries with source attribution.
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