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ChinaScope Financial
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ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
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  • CBRC Official: Overall NPL Rate in Chinese Banks is Less Than 2% 0 comments
    Nov 29, 2011 9:28 PM | about stocks: CHINA, NEWS, RATE
    Source: Beijing Times
     
    +   Yan Qingmin, assistant Chairman at the China Banking Regulatory Commission (NASDAQ:CRBC), said that the overall non-performing loan rate in Chinese banks is less than 2%, meeting the standard of international banks.

    +   According to a recent assessment by the IMF, China’s financial system is stable. Were, however, credit, real estate, exchange rates, and debt problems to occur at the same time, the health of the large domestic banks would be at risk.


    Themes: financial sector Stocks: CHINA, NEWS, RATE
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