Bad loans decline
By Zhang Fengming |
July 31, 2010, Saturday
|
Print Edition
Print Edition
BAD loans at overseas banks in Shanghai dropped in the first half of this year on tight risk controls, the Shanghai Bureau of the China Banking Regulatory Commission said yesterday.
The bad loans of the 20 locally-incorporated overseas banks decreased to 3.72 billion yuan (US$549 million) at the end of June, down 326 million yuan. The bad loan ratio lost 0.17 percentage points to 0.63 percent.
The bad loans of the 20 locally-incorporated overseas banks decreased to 3.72 billion yuan (US$549 million) at the end of June, down 326 million yuan. The bad loan ratio lost 0.17 percentage points to 0.63 percent.
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