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More Banks Forced to Recognize Bad Loans Under Tougher Standard

2019年04月22日 20:44 来源于 财新网
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For some lenders in wealthy Zhejiang province, loans overdue by over 60 days now classed as nonperforming
Multiple banks in the rich province of Zhejiang have started to list credit overdue for over 60 days as nonperforming loans to better reflect their asset quality. Photo: IC

* China’s commercial banks had 2.03 trillion yuan in NPLs at the end of 2018, accounting for 1.83% of their total lending, but many have questioned the official figure

* Local authorities aim to get hold of more accurate bad loan figures to better control nonpayment risks that could threaten stability of the financial system

版面编辑:喻竹杨洋