Solid earnings expected
By Hu Xiaocen |
March 14, 2013, Thursday
|
Print Edition
Print Edition
LISTED Chinese banks are set to report stronger earnings in 2012 and they managed to keep a low level of bad loans, the central bank said yesterday.
"The major business indicators point to a good performance for the lenders," Pan Gongsheng, vice governor of the People's Bank of China, said in Beijing. "I think they will report stronger performance in their 2012 financial results."
Pan attributed the banks' strong financial results to a stable macro-economic situation, surging credit, banking reforms and better management.
The banks kept their bad loan ratio and outstanding non-performing loans at a very low level, he said. Currently the outstanding bad loans stood below 500 billion yuan (US$80.4 billion), while the bad loan ratio is 0.95 percent.
"The major business indicators point to a good performance for the lenders," Pan Gongsheng, vice governor of the People's Bank of China, said in Beijing. "I think they will report stronger performance in their 2012 financial results."
Pan attributed the banks' strong financial results to a stable macro-economic situation, surging credit, banking reforms and better management.
The banks kept their bad loan ratio and outstanding non-performing loans at a very low level, he said. Currently the outstanding bad loans stood below 500 billion yuan (US$80.4 billion), while the bad loan ratio is 0.95 percent.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
