Source: 21st Century Business Herald, ChinaScope Financial (Data)
+ China’s city commercial banks have achieved record high scores on a host of regulatory indicators, says Liu Mingkang, former Chairman of the CBRC. He asserts that the banks are on a healthy development path.
+ As of the end of September, 2011, the total assets of China’s city commercial banks were RMB 8.96 trillion constituting 8.3% of the total assets of in the banking sector. The non-performing loan ratio for the city commercial banks was 0.79%, down 0.12 percentage points compared to that at the year’s beginning and - for the fourth consecutive quarter - lower than that of the entire banking sector.