Tuesday, October 20, 2020
Tags Non-performing loan ratio

Tag: Non-performing loan ratio

Chinese Commercial Banks Post First Rise in Non-performing Loan Ratio Since 2016

China's commercial banks have just posted the first increase in their non-performing loan (NPL) ratio since the end of 2016. The NPL ratio of Chinese...

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Chinese Central Bank Overhauls Commercial Banking Law

The People's Bank of China (PBOC) has unveiled a broad raft of proposed changes to China's commercial banking law.

Ant Group Raises Target Valuation to USD$280 Billion

Chinese fintech giant Ant Group plans to raise the target value for its IPO to USD$280 billion according to sources.

Postal Savings Bank of China Enters Comprehensive Strategic Cooperative Agreement with JD.com’s Fintech Subsidiary

One of China's big six state-owned banks has entered a strategic cooperative agreement with the fintech subsidiary of a leading Chinese e-commerce...

Foreign Companies Will Not Flee China Despite Impacts of COVID-19 on Global Economy: Deputy IMF Director Zhu Min

One of China's leading economists says that the COVID-19 pandemic and its related impacts will not compel foreign companies to withdraw from...