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Chinese Banks Must Brace for Surge in Bad Loans Due to Covid-19 Impact: Regulator

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Outstanding non-performing loans in the sector totalled 3.6 trillion yuan as of end-June, while the bad loan ratio rose to 2.10%, 0.08 percentage points higher than the beginning of the year.

from Top Business News- News18.com
Read The Rest:timesnownews...
Chinese Banks Must Brace for Surge in Bad Loans Due to Covid-19 Impact: Regulator Chinese Banks Must Brace for Surge in Bad Loans Due to Covid-19 Impact: Regulator Reviewed by Team Exprssnews on July 12, 2020 Rating: 5

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