March 27, 2018 / 3:56 AM / 6 months ago

China Citic Bank exec: expect market rates to remain relatively high in 2018

BEIJING, March 27 (Reuters) - China Citic Bank Vice President Fang Heying said on Tuesday that market interest rates are expected to remain at a relatively high level in 2018.

Fang, speaking at a press conference following the firm’s disclosure of 2017 full-year earnings on Monday, also said the bank’s assets are expected to grow by 8 to 10 percent this year.

Reporting by Shu Zhang; Writing by Beijing Monitoring Desk Editing by Shri Navaratnam

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