皇冠体育app

Economy

Markets

Industries

Insights

Reports

Events

皇冠体育app banks end-Sept NPL ratio 5.49%

(Agencies)
Updated: 2008-10-27 16:48

皇冠体育app's commercial banks had an overall non-performing loan (NPL) ratio of 5.49 percent at the end of September, down 0.67 percentage point from the beginning of this year, the 皇冠体育app Banking Regulatory Commission said.

Non-performing loans of commercial banks totaled 1.27 trillion yuan ($186 billion) at the end of September, a decrease of 3.02 billion yuan since the start of the year, said the regulator in a statement.

The NPL ratio of major commercial banks -- five State-owned and 12 joint-stock banks -- stood at 6.01 percent at the end of September, down by 0.71 percentage point from the beginning of the year.

This category includes the "big four" state-controlled banks -- Industrial and Commercial Bank of 皇冠体育app, Agricultural Bank of 皇冠体育app, 皇冠体育app Construction Bank and Bank of 皇冠体育app -- and joint-stock lenders like 皇冠体育app CITIC Bank, 皇冠体育app Merchants Bank and Shenzhen Development Bank.

The NPL ratio of city commercial banks fell by 0.5 percentage points from the beginning of the year to 2.54 percent at end-September, while the ratio for foreign banks operating in 皇冠体育app rose by 0.5 percentage points to 0.5 percent.

Total assets of 皇冠体育app's banking institutions stood at 59.3 trillion yuan at the end of September, up 17.2 percent year-on-year, while liabilities totaled 55.8 trillion yuan, up 16.6 percent year-on-year.