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BEIJING, Aug. 7 (Xinhuanet) -- Non-performing loans (NPL) issued by major
Chinese banks were down 93.4 billion yuan (11.3 billion US dollars) and the
ratio of NPLs to total loans dropped by 3.51 percentage points in the first half
of this year.
Statistics released by the China Banking Regulatory Commission on Thursday
show NPLs issued by major banks totaled 2,540 billion yuan (307.1 billion US
dollars) and the bad-debt ratio was 19.6 percent at the end of June.
The major banks include the four state-owned commercial banks, three
government-run non-profit policy banks and 11 joint-stock commercial banks.
Loans issued by these financial institutions account for 82 percent of the
country's total banking loans.
During the first half of this year, bad debts of state-owned commercial
banks totaled 2,007 billion yuan (243 billion US dollars), down 81.1 billion
(9.8 billion dollars) from the end of last year; policy banks' bad loans
amounted to 334 billion yuan (40.4 billion dollars), down 6.6 billion yuan (798
million dollars);and joint-stock commercial banks 196.7 billion yuan (23.8
billion dollars), down 5.7 billion yuan (689 million dollars).
Bad-debt ratios of state-owned commercial banks, policy banks and
joint-stock commercial banks amounted to 22.19 percent, 18.61 percent and 9.34
percent respectively, down 4.02, 1.18 and 3.51 percentage points. Enditem
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