Finance: ICBC sees end-2006 NPL ratio at 3.9%

(AFX News)
Updated: 2006-12-28 14:36

The Industrial and Commercial Bank of China expects to have a non-performing loans (NPLs) ratio of 3.9 percent at the end of 2006, falling to 3.5 percent by end 2007, Niu Ximing, vice president of the bank told a finance forum.

The bank's NPLs ratio at the end of last year was 4.69 percent.


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