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AccessMyLibrary    Browse    P    PTI - The Press Trust of India Ltd.    OCT-05    Beijing, Oct 31 (PTI) The non-performing loans (NPL), considered the bane of Chinese banks, amounts to 158 billion US dollars by the end of September, the banking watchdog said here today.

Beijing, Oct 31 (PTI) The non-performing loans (NPL), considered the bane of Chinese banks, amounts to 158 billion US dollars by the end of September, the banking watchdog said here today.

Publication: PTI - The Press Trust of India Ltd.

Publication Date: 31-OCT-05
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COPYRIGHT 2005 Asia Pulse Pty Ltd

However, a silver lining is appearing in the sense that the NPL ratio has witnessed a steady reduction in the first nine months of this year.

The NPL ratio of commercial banks in China fell by 4.28 percentage points during January-September period to an average of 8.58 per cent by...

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