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What is the future trend of Interest Spread development? Peng Jiawen, Deputy President of CMB: The decline will gradually narrow, and this trend will continue in the third quarter and fourth quarter.
Jinshi data news on September 2nd, China Merchants Bank held a mid-term performance exchange meeting for 2024. Regarding the future development trend of Interest Spread, Peng Jiawen, Vice President and Chief Financial Officer, and Secretary of the Board of Directors, stated that the quarterly Interest Spread is gradually narrowing or the rate of decline is gradually narrowing, and this trend will continue. Peng Jiawen emphasized that the speed of the quarterly decline in Interest Spread has actually eased a lot compared to last year. Peng Jiawen further stated that this trend will continue in the third and fourth quarters.