The Banking and Insurance Regulatory Commission: the quality of Credit assets in the Banking Industry remains stable

| gov.cn

Xinhua News Agency, Beijing, 14 Nov (Reporter Li Yanxia) according to data released by the China Banking and Insurance Regulatory Commission a few days ago, at the end of the third quarter of this year, the balance of non-performing loans in China's commercial banks was 2.37 trillion yuan, an increase of 132 billion yuan. The non-performing loan ratio was 1.86%, an increase of 0.05 percentage points over the end of the previous quarter, and the quality of credit assets remained basically stable.

Data show that at the end of the third quarter, the balance of normal loans of commercial banks was 124.75 trillion yuan, including 120.93 trillion yuan of normal loans and 3.82 trillion yuan of concerned loans.

In terms of risk offset capacity, at the end of the third quarter, the loan loss reserve balance of commercial banks was 4.44 trillion yuan, an increase of 181.2 billion yuan over the end of the previous quarter, and the provision coverage rate was 187.63%, down 2.97 percentage points from the end of the previous quarter. The loan provision ratio was 3.49%, an increase of 0.04 percentage points over the end of the previous quarter.

Data show that at the end of the third quarter, the local and foreign currency assets of China's banking financial institutions were 284.67 trillion yuan, an increase of 7.7 percent over the same period last year.

The Banking and Insurance Regulatory Commission: the quality of Credit assets in the Banking Industry remains stable

| gov.cn

Xinhua News Agency, Beijing, 14 Nov (Reporter Li Yanxia) according to data released by the China Banking and Insurance Regulatory Commission a few days ago, at the end of the third quarter of this year, the balance of non-performing loans in China's commercial banks was 2.37 trillion yuan, an increase of 132 billion yuan. The non-performing loan ratio was 1.86%, an increase of 0.05 percentage points over the end of the previous quarter, and the quality of credit assets remained basically stable.

Data show that at the end of the third quarter, the balance of normal loans of commercial banks was 124.75 trillion yuan, including 120.93 trillion yuan of normal loans and 3.82 trillion yuan of concerned loans.

In terms of risk offset capacity, at the end of the third quarter, the loan loss reserve balance of commercial banks was 4.44 trillion yuan, an increase of 181.2 billion yuan over the end of the previous quarter, and the provision coverage rate was 187.63%, down 2.97 percentage points from the end of the previous quarter. The loan provision ratio was 3.49%, an increase of 0.04 percentage points over the end of the previous quarter.

Data show that at the end of the third quarter, the local and foreign currency assets of China's banking financial institutions were 284.67 trillion yuan, an increase of 7.7 percent over the same period last year.












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