Sunday, 12 July 2020

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

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 https://ift.tt/2DtM1jj

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