Bad loans stay low
By Hu Xiaocen |
October 27, 2012, Saturday
|
Print Edition
Print Edition
Bad loans at banks in Shanghai stayed low last month, with their exposure to cash-strapped steel traders under control, the local banking regulator said yesterday.
They posted a bad loan ratio of 0.6 percent, similar to the level at the start of this year. Their exposure to steel traders was at 1.3 percent.
They posted a bad loan ratio of 0.6 percent, similar to the level at the start of this year. Their exposure to steel traders was at 1.3 percent.
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