China Bank Bad-Loan Ratio Jumps Most in at Least a Decade
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Chinese banks’ bad-loan ratio jumped the most in at least a decade in the fourth quarter as a property-market slump and an economic slowdown constrained borrowers’ repayment ability.
Nonperforming loans accounted for 1.29 percent of commercial banks’ total advances as of Dec. 31, up from 1.16 percent three months earlier, the China Banking Regulatory Commission said in a statement today. The bad-loan ratio for all banking institutions, including policy banks, stood at 1.64 percent at the end of last year, according to the CBRC.