LINE

Text:AAAPrint
Economy

Chinese lenders' bad loan ratio to slightly retreat: report

1
2017-07-20 09:23Xinhua Editor: Gu Liping ECNS App Download

China's commercial banks will see their bad loan ratio remain generally stable and slightly retreat in the coming quarters, a report released by China Orient Asset Management predicts.

In the fourth quarter of 2016, Chinese lenders' non-performing loan ratio declined for the first time since 2012 to 1.74 percent, suggesting that loan losses posing risks to the country's financial market are easing.

The ratio stood unchanged in the first three months of 2017.

Citing results from sample surveys and data analysis, the report concluded that the banks' bad loan ratio would remain stable from the second quarter of 2017 to the first quarter next year.

But as China pushes ahead with economic structural upgrades, the ratio would still face upward pressure, the report added.

China Orient Asset Management is one of the country's four asset management companies set up in 1999 to deal with the toxic assets of state-owned banks in a bid to help them transform to market-oriented financial institutions.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.