The collapse of Silicon Valley Bank will not affect China's banking industry but has highlighted the importance for banks of adhering to their primary business, serving the real economy, balancing their asset-liability structure and steering clear of excessive liquidity risk, experts said.
Banks improve as economy recovers--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
The financial results of listed banks in China will improve steadily this year as the overall economy improves and banks make greater efforts to grant credit, experts said.
Financial institutions should maintain a positive attitude in bolstering the real economy as China will further ease its monetary policy this year to ensure an uptick in the overall economy, experts said.