The effect of PBoC's loan prime rate reform in 2019 on the profitability of Chinese banks and corporations
Using data from China, we show how the profitability of Chinese banks and corporations evolved after the Loan Prime Rate (LPR) reform in August 2019. With lending rates falling after the reform, we derived empirical results that the profitability of Chinese banks, measured by its return on assets (R...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
Nanyang Technological University
2024
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10356/175450 |