The China Banking and Insurance Regulatory Commission in Beijing, China, December 5, 2020. /CFP China's banking sector disposed 3.02 trillion yuan ($466.6 billion) in non-performing assets in
China's small and medium-sized banks are in stable operation and the risks they face are controllable, the country's top banking authority said Thursday. With sound fundamentals of capital, provision
China's non-performing loans in the banking industry are expected to slightly increase in the second quarter, but the risks are controllable, the country's banking regulator said Wednesday.China's ba
China's non-performing loans in the banking industry have increased due to impacts from the novel coronavirus disease (COVID-19), but the risks are under control, the
Loans issued to firms engaged in containing the novel coronavirus outbreak came in at over 953 billion yuan (about 135.8 billion U.S. dollars) as of Feb. 26, the count
Government policies encouraging financial institutions to support enterprises hit by the novel coronavirus outbreak are only interim measures and do not indicate relax
The risks of China's banking and insurance institutions were generally manageable, said an official with the China Banking and Insurance Regulatory Commission (CBIRC)