Bank of Communications's net interest margin amounted to 1.43% in the second quarter of 2019, down from 1.44% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 5.09% in 4Q2015 and an all time low of -0.360% in 4Q2018. The average margin in the last six quarters amounted to 1.10%.
Average asset yield was 3.73% in 2Q2019, up from 3.72% when compared to the same period last year. On the other hand, cost of funding amounted to 2.49% in 2Q2019, down from 2.56%.
When compared to bank's main peers, Home Credit China operated in the second quarter of 2019 with a net interest margin of 17.0% Qudian reached 17.8% and Lexin FinTech some 4.62%.
You can see all the bank’s data at Bank of Communications Profile, or you can download a report on the bank in the report section.
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