久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

  Home>News Center>China
       
 

Banks make major progress on NPLs
By Chuan Yu (China Daily)
Updated: 2004-07-28 10:59

Chinese banks have made major progress in their campaigns to reduce non-performing assets in the first half of this year, the China Banking Regulatory Commission (CBRC) said Tuesday.

But the commission warned about fresh difficulties in such efforts, indicating that new bad loans will likely emerge from fixed asset projects that have been suspended or cancelled because of the State's recent measures to cool down frenzied fixed investment growth.

Non-performing loans (NPLs) at China's major banks - the four State-owned commercial banks and the 11 joint-stock banks - dropped by 4.44 percentage points from the end of last year to 1.66 trillion yuan (US$200 billion), or 13.32 per cent of their total lendings, at the end of June.

The four State-owned lenders held 1.52 trillion yuan (US$183 billion) of the total, or 15.59 per cent of their loan portfolios, the CBRC said. The four banks are the Industrial and Commercial Bank of China, the Bank of China (BOC), the China Construction Bank (CCB) and the Agricultural Bank of China.

The commission said the major reason for the fast decline of NPLs was massive disposals at the BOC, the CCB and the Bank of Communications, one of the joint-stock lenders that is undergoing a major restructuring.

The BOC and CCB, which were chosen at the end of last year by the Chinese Government for a pilot joint-stock reform and received a combined US$45 billion recapitalization, sold nearly 280 billion yuan (US$33.7 billion) in NPLs to a State-owned asset management company in June.

Despite the massive NPL disposals, the CBRC said its task of reducing both outstanding NPLs and the NPL ratios at major banks this year has got more difficult as the "loans to some suspended or cancelled projects will create a new batch of bad loans."

The government has ordered tight credit curbs and land controls this year on overheated sectors such as steel, cement and aluminium, trying to slow down the rapid growth in fixed investment and bank loans starting from the latter half of last year.

A big number of steel and cement plants as well as many other fixed asset projects like economic development zones and shopping malls have reportedly been ordered to stop construction.

Analysts have expressed worries such administrative measures will not solve the problem, although they have had some immediate effect on slowing down fixed investment and bank loans.

China's broad money supply, which is mainly driven by bank loans, rose by 16.2 per cent in the first half of this year, down by 4.7 percentage points from a year earlier.



 
  Today's Top News     Top China News
 

Foreigners encouraged to invest in West China

 

   
 

Chinese-American faces trial for spying

 

   
 

China shuts down 700 porno websites

 

   
 

Japanese-left bombs injure Jilin boys

 

   
 

Explosion shakes Chinese embassy in Kabul

 

   
 

Disasters claim lives, do damage to farmland

 

   
  Explosion shakes Chinese embassy in Kabul
   
  Books published to mark Deng's 100th birth day
   
  Chinese-American faces trial for spying
   
  Japanese-left bombs injure Jilin boys
   
  Disease-free zones key to animal husbandry
   
  Foreigners encouraged to invest in West China
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
Commercial banks achieve profits
   
Cinda signs deal on bad loans
   
Banks strengthen IPO efforts
   
AMCs entrusted with massive NPL disposal
  News Talk  
  When will china have direct elections?  
Advertisement
         
主站蜘蛛池模板: 久草视频在线资源 | 美国做受三级的视频播放 | 亚洲二区在线播放 | 亚洲三级网 | 91精品欧美一区二区三区 | 色噜噜国产精品视频一区二区 | 欧美13一14周岁a在线播放 | 可以免费看黄的网址 | 亚洲欧美日韩久久一区 | 欧美在线高清 | 国产日韩视频在线观看 | 日韩精品中文字幕在线 | 欧美又粗又硬又大久久久 | 中国一级性生活片 | 一区二区国产在线观看 | 在线精品日韩一区二区三区 | 成人丝袜激情一区二区 | a一级爱做片免费 | 99热在线观看 | 中文字幕一区在线观看 | 亚洲天堂网在线视频 | 99久久精品6在线播放 | 久久午夜视频 | 亚洲成人偷拍自拍 | 在线观看亚洲人成网站 | 玖玖精品视频在线观看 | 免费国产综合视频在线看 | 日本 欧美 国产 | 一区二区三区免费视频 www | 人人操美女 | 免费观看视频成人国产 | 亚洲福利视频一区二区三区 | 欧美特级 | 日本三级香港三级人妇r | 久久久久久免费视频 | 毛片com| 嫩模大尺度人体福利视频 | 外国成人网在线观看免费视频 | 亚洲成人播放 | 久久久国产成人精品 | 国产大学生自拍 |