You are here

Bad loans at China banks hit decade high as economy slows

Non-performing loans rise 51% from year ago to 1.27t yuan in December; bad-loan ratio climbs to 1.67%
Tuesday, February 16, 2016 - 05:50

Beijing

SOURED loans at Chinese commercial banks rose to the highest level since June 2006 as the nation's economic expansion slowed to the weakest pace in a quarter century.

Non-performing loans jumped 51 per cent from a year earlier to 1.27 trillion yuan (S$270 billion) in

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom