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COPYRIGHT 2002 Asia Pulse Pty Ltd
BEIJING, July 31 Asia Pulse - The total amount of non-performing loans (NPL) of Chinese banks decreased by 39.3 billion yuan by the end of June this year from the end of last year, with the rate of non-performing loans falling 2.26 percentage points, according to statistics announced recently by the People's Bank of China.
According to the four-grade classification method, the loans of the four state-owned banks, namely, the Industrial and Commercial Bank of China (ICBC), the China Construction Bank (CCB), the Bank of China (BOC) and the Agricultural Bank of China (ABC), totaled 7 trillion yuan at the end of 2001, of which non-performing loans...
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