Money
Commercial banks' bad loans fall in 2010
Updated: 2011-01-27 10:04
(Xinhua)
BEIJING -- China's banking watchdog said Wednesday Chinese domestic commercial banks' balance of non-performing loans (NPL) decreased 14 percent through 2010 to stand at 429.3 billion yuan ($65.17 billion) at year-end.
At the end of 2010, the banks' NPL ratio had edged down 0.44 percentage points over the year to 1.14 percent, the China Banking Regulatory Commission (CBRC) said.
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The CBRC also said the liquidity ratio of commercial banks fell one percentage point year-on-year to 42.2 percent.
Domestic commercial banks are large-scale commercial banks, joint-stock commercial banks, city commercial banks, rural commercial banks and foreign banks.
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