NPL rate increased in Shanghai in 2012

Non-performing loans held by banks in Shanghai in 2012 were worth over 27 billion yuan ($4.3 billion), with a NPL rate of 0.66 percent, up 0.06 percent year-on-year, the Banking Regulatory Bureau said on Wednesday.

The balance of all loans increased 9.98 percent year-on-year.

The contribution of small- and micro-enterprises for the balance of loans was over 835 billion yuan, up 14.58 percent year-on-year.

The general assets of banks in the city were up 11.91 percent, or over 961 billion yuan.

Total assets held by banks in Shanghai exceeded 9 trillion yuan.

 

yuran@chinadaily.com.cn