Chinese banks report lower bad loans in 2009

0 CommentsPrint E-mail Xinhua, January 16, 2010
Adjust font size:

Chinese commercial banks saw their bad loan ratio declined to 1.58 percent by the end 2009, China Banking Regulatory Commission said on Friday.

The figure was down 0.84 percentage points from the beginning of 2009, according to the commission.

The bad loans stood at 497.33 billion yuan (72.82 billion U.S. dollars), down 62.98 billion yuan from the beginning of 2009.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter