Banks are boosting their mid-year performance and refining their performance assessments.
Bankers have two major exams each year: the mid-year sprint and the year-end sprint. Against the backdrop of continuously declining deposit rates and increasingly fierce competition in loan business, many bankers are in a race against time during the mid-year sprint. With the decrease in deposit rates, the pressure of attracting deposits has increased. At the key point of mid-year evaluation, banks are shifting more resources towards inclusive financial services in performance evaluation. Asset disposal of non-performing assets is also a key focus of bank evaluation, as recovered assets can also contribute to profits.
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