You are here
China to agree to 50b yuan of bad loan securitisation: sources
CHINA will allow domestic banks to issue up to 50 billion yuan (S$10.7 billion) of asset-backed securities based on their non-performing loans (NPLs), the first quota for such sales since 2008, people familiar with the matter said.
The quota, which will initially be
- CALL +65 6388 3838
- EMAIL email@example.com