BEIJING, Aug. 9 (Xinhua) -- The non-performing loan ratio of China's commercial banks came in at 1.56 percent at the end of June, down from 1.59 percent at the end of March, official data showed on Friday.
The balance of non-performing loans stood at 3.3 trillion yuan (461.9 billion U.S. dollars) at the end of June, 27.2 billion yuan less than at the end of March, according to the National Financial Regulatory Administration.
The balance of performing loans at commercial banks amounted to 210.8 trillion yuan at the end of the second quarter, confirming that these financial institutions had maintained generally stable credit asset quality, it said.
The balance of loan loss provisions increased by 104 billion yuan in the second quarter to hit 7 trillion yuan at the end of June, demonstrating the risk resilience of commercial banks. Enditem
Go to Forum >>0 Comment(s)