USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Finance

Chinese lenders' bad loan ratio to slightly retreat: Report

Xinhua | Updated: 2017-07-20 09:39

BEIJING — 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.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US