Bank deposits out of favor despite rate hikes

Banking, Finance and Insurance

Friday, September 05, 2008 23:42:20

	Bank deposits out of favor despite rate hikes By STAFF EDITOR Published: September 24, 2007 02:19 AM Banks are looking to new investment products to attract investors as inflation continues to outstrip interest rates despite five rate hikes from the central bank this year, the China Business News reported. A recent survey by the central bank showed 44.3% of respondents said trading securities and stocks is the best ... You are currently reading 51 words of 157 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Central Bank , Bank of Communications , investment , stock market , interest rate , EA , UBS , inflation , wealth management , management , IPO , China Construction Bank	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Banking sector steady despite mortgage risks Financial innovation urged for China’s shipbuilding industry 3-4 year profit horizon for HSBC’s rural business Shenzhen bank boss gets US$3.24m in compensation for ’07 China Reinsurance likely to can HK portion of IPO Changsha Bank sells 20% stake to French counterpart PDB tops annual payroll ranking

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