Chinese banks’ non-performing loans ratio at 0.95%, says CBRC15 November, 2012, 17:35. Posted by Zarathustra
China Banking Regulatory Commission (CBRC) publishes the numbers for Chinese banking system.
Total banking assets rose to RMB128.5455 trillion by the end of Q3, up from RMB126.7831 trillion in the Q2, and increased by 19.67% from a year early according to CBRC. Total banking liabilities rose to RMB128.2893 trillion, up from RMB118.8470 trillion.
The all-important but unbelievable total non-performing loans rose from RMB 456.4 billion to RMB 478.8 billion, while NPL ratio rose from 0.94% to 0.95%.