Non-performing loans, or NPLs, among Chinese lenders have increased for four consecutive quarters - the longest period of asset-quality deterioration since 2004, when authorities began to release such figures.
A Bank of China Co Ltd outlet in Haikou, Hainan province. According to data from the China Banking Regulatory Commission, all types of banks saw an increase in non-performing loans, including major State-owned lenders, rural banks and foreign banks. [Photo/China Daily]
Data from the China Banking Regulatory Commission on Thursday showed soured loans rose by 22.4 billion yuan ($3.6 billion) from July to September, to 478.8 billion yuan.
All types of banks saw an increase in bad loans, including the major State-owned lenders, joint-stock banks, rural banks and foreign banks.
A Bank of China Co Ltd outlet in Haikou, Hainan province. According to data from the China Banking Regulatory Commission, all types of banks saw an increase in non-performing loans, including major State-owned lenders, rural banks and foreign banks. [Photo/China Daily]
Data from the China Banking Regulatory Commission on Thursday showed soured loans rose by 22.4 billion yuan ($3.6 billion) from July to September, to 478.8 billion yuan.
All types of banks saw an increase in bad loans, including the major State-owned lenders, joint-stock banks, rural banks and foreign banks.
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