BEIJING, June 2 (Xinhua) — China’s industrial banks noticed their non-performing mortgage ratio at 1.59 % on the finish of the primary quarter, official knowledge confirmed.
The steadiness of non-performing loans of economic banks reached 3.4 trillion yuan (about 478.28 billion US {dollars}) on the finish of March 2024, 141.4 billion yuan greater than that on the finish of March 2024. December 2023, knowledge from the Nationwide Monetary Administration Administration seems.
Based on this knowledge, the nation’s industrial banks have maintained a typically secure high quality of their credit score belongings.
The steadiness of economic banks’ excellent loans was 208.2 trillion yuan on the finish of March, and the excellent loans made by banking monetary establishments, together with industrial banks, to micro-enterprises small enterprises are 74,400 billion yuan, in keeping with the information.
By the top of the primary quarter, the whole home and overseas forex belongings of China’s banking monetary establishments stood at 429.6 trillion yuan, a rise of 8.1 % year-on-year, in keeping with the information. END
2024-06-02 23:26:30
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