China’s economy is undeniably slowing down. At 7.4%, its gross domestic product (GDP) growth in 2014 was the slowest it has been in 24 years. This has sent ripple effects through the country's economy and into the banking sector, all the way up to the big four banks – China Construction Bank, Agricultural Bank of China, Industrial and Commercial Bank of China (ICBC) and Bank of China.
China’s banking sector varies enormously, so much so that even local bankers struggle to quantify the size difference between the gargantuan ICBC and China’s smallest lenders. So, if the country's economic slowdown is challenging the big four, what about province-focused small to medium-sized banks?
