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Chinese commercial lenders' bad loan ratio slightly up in Q3

(Xinhua)    08:04, November 20, 2018

BEIJING, Nov. 19 (Xinhua) -- China's commercial banks saw a higher non-performing loan ratio at the end of Q3, data from the China Banking and Insurance Regulatory Commission showed Monday.

The non-performing loan ratio of commercial banks stood at 1.87 percent, 0.01 percentage points higher than the end of Q2.

Outstanding bad loans from commercial banks amounted to 2.03 trillion yuan (292.4 billion U.S. dollars) by the end of Q3, 75.1 billion yuan more than that of Q2.

By the end of Q3, Chinese commercial banks held 264 trillion yuan in assets, up 7 percent year on year, the regulator said.

Meanwhile, commercial lenders' liabilities rose 6.6 percent year on year to reach 243 trillion yuan as of the end of Q3.

China continued to take a tough line on market violations in Q3 to maintain stable market order and prevent risks.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Liang Jun, Bianji)

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