In a Thursday statement, the bank said there was a 12.3% decline in operating expenses due to better optimisation of resources and cost management....
This resulted in an improved cost-to-income ratio of 55.7% as compared to 9M20....
This was partially offset by a 16.7% increase in net fee and service income, driven by higher fee income from insurance and mutual fund brokerage....
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星报-商业
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2021-10-21 00:00:00.0
