Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

Chinese commercial banks' bad loan ratio rises to 1.91 pct

May 18, 2020


Abstract : Chinese commercial banks' bad loan ratio rose slightly in the first quarter, data from the banking regulator showed.

BEIJING, May 16 (Xinhua) -- Chinese commercial banks' bad loan ratio rose slightly in the first quarter, data from the banking regulator showed.

The non-performing loan (NPL) ratio of commercial banks stood at 1.91 percent at the end of the first quarter, up 0.05 percentage points from the data seen at the end of last year, the China Banking and Insurance Regulatory Commission said in a statement.

Outstanding bad loans from commercial banks amounted to 2.61 trillion yuan (about 368.1 billion U.S. dollars).

The data also showed the total assets of China's banking industry reached 302.4 trillion yuan in the first quarter, up 9.5 percent year on year.

The lenders' capital adequacy ratio and liquidity coverage ratio came in at 14.53 percent and 151.53 percent, respectively.

By the end of the first quarter, outstanding loans to small and micro businesses extended by the banking sector amounted to 38.9 trillion yuan. Enditem

Scan the QR code and push it to your mobile phone

Keyword: commercial bank banking industry

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial