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non-performing loans – XtremeCuztoms

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Home / Tag: non-performing loans

Tag: non-performing loans

Chinese Banks See Surge in Bad Loans Amid Real Estate Woes

May 23, 2023 admin

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China’s major banks are grappling with a surge of non-performing loans (NPLs) since last year, largely driven by a weakening real estate sector. As of the end of 2022, the NPL balance of 40 listed Chinese banks climbed by 8.84 percent to 1.81 trillion yuan (approximately $262.3 billion), while the NPL ratio slightly slid by…

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Tag: non-performing loans

Chinese Banks See Surge in Bad Loans Amid Real Estate Woes

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