Thursday, October 29, 2020
Tags Chinese non-performing loans

Tag: Chinese non-performing loans

Chinese Banks Expand Bad Debt Write Offs by 96.3 Billion Yuan in Jan-Aug Period

Official data points to a sizeable expansion in efforts by Chinese banks to write-off their dud debt in 2020, as the COVID-19...

CBIRC Forecasts Disposal of 3.4 Trillion Yuan in Bad Banks Loans in 2020

China's banking regulator has flagged its commitment to the disposal of non-performing loans (NPL) in the banking system in 2020.

Non-performing Credit Card Debt Rises amongst Chinese Banks During First Half of 2020

Chinese banks have seen a sizeable rise in non-performing credit card debt in the first half of 2020, as the COVID-19 pandemic...

Chinese A-Share Banks Lift Provisions as NPL Ratio Rises at Half of Listed Lenders

China's listed banks are moving to bulk up their provisions in anticipation of a rise in non-performing loans (NPL) in the wake...

Non-performing Loans of Chinese Small Businesses Will Rise in 2021, Disposal to Expand in H2 2020: Banking Regulator

Senior banking officials anticipate a rise in the dud debt of micro-and-small enterprises (MSE) next year, while also flagging accelerated efforts to...

China’s Banking Regulator Forecasts $331B Surge in Disposal of Non-performing Loans in 2020

China's banking regulator forecasts a considerable rise in the disposal of non-performing loans (NPL) in 2020, due to the economic impacts of...

Chinese Banks Accelerate Disposal of Non-performing Assets in Wake of COVID-19

Chinese commercial banks have stepped up their efforts to dispose of their non-performing assets (NPA) in the wake of the COVID-19 outbreak...

China’s Municipal Banks Especially Susceptible to Rise in Non-performing Loans Post COVID-19: Fitch Ratings

A new report from Fitch Ratings' wholly owned Chinese bond agency highlights the vulnerability of municipal commercial banks in China to the...

China’s Banking Regulator Warns of Large-scale Rise in Non-performing Loans Due to COVID-19

The China Banking and Insurance Regulatory Commission (CBIRC) says that the economic impacts of the COVID-19 pandemic will put greater upwards pressure...

CBIRC Hopes to Accelerate Disposal of Bad Assets with Bundle Transfers of Personal NPL’s

The China Banking and Insurance Regulatory Commission (CBIRC) plans to add another channel for the disposal of bad assets with the launch...

Most Read

Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...

Jack Ma’s Ant Group Valued at over $313 Billion by IPO Pricing

The pricing for Ant Group's upcoming IPO in Hong Kong and Shanghai puts the value of the fintech giant at 2.1 trillion...

Yangtze River Delta Digital Financial Data Centre Will Issue Digital Renminbi

A new fintech institution launched in the eastern Chinese economic hub of the Yangtze River Delta will play a key infrastructure role...

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...