Banking

NPL ratio of commercial banks in China down

(Xinhua)
Updated: 2009-10-30 13:27

Non-performing loans (NPL) of commercial banks in China dropped to 504.5 billion yuan at the end of September, which was 55.8 billion yuan less than the number at the beginning of this year, China's banking regulator said on Thursday.

Related readings:  Improved risk controls lessen chance of new NPL surge  China banks see sharp decline in NPL ratio  Smaller banks' NPL ratio below that of big banks

The NPL ratio fell by 0.76 percentage points, compared with data reported at the beginning of 2009, to 1.66 percent.

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