Caixin OnlineFinance & EconomicsTop Stories Finance Concern Banks May Be Underreporting NPLs
11.12.2012 17:39

Concern Banks May Be Underreporting NPLs

Lenders could be giving some toxic debts generous classifications to avoid increase in bad loan figures
By staff reporters Wen Xiu and Huo Kan

(Beijing) – Recent figures show that the amount of toxic assets at commercial banks remained relatively low, but regulators are concerned that the real conditions of the credit business might be worse than the data suggests.

By the end of September, the amount of outstanding non-performing loans (NPLs) at all commercial banks in the country increased by 63 billion yuan from nine months ago, reaching 0.97 percent of all outstanding loans, up from the 0.9 percent at the end of June, the China Banking Regulatory Commission (CBRC) said.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter
Latest Issue
On the Cover:

Take Down

Zhou Yongkang's rise from rural China, the empire he built and the stunning decision to topple him


Issue 81
September, 2014

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Take Down
Zhou Yongkang's rise from rural China, the empire he built and the stunning decision to topple him
Issue 81
09.01.2014

Subscribe       |       Newsletter        |        FAQ