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CBIRC: End-Sep Commercial Bank NPL Ratio Up to 1.87%
CBIRC issued 3Q18 regulatory benchmark data for the banking industry. As of end-September, the loan balance used on SMEs was RMB33 trillion.For the first three quarters this year, ...
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CBIRC: End-Sep Commercial Bank NPL Ratio Up to 1.87%
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2018/11/20 08:53
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CBIRC issued 3Q18 regulatory benchmark data for the banking industry. As of end-September, the loan balance used on SMEs was RMB33 trillion.

For the first three quarters this year, commercial banks achieved net profit RMB1.51 trillion, up 5.91% yearly, with the growth rate decelerating 1.49 ppts as compared with that over a year ago period.

As of end-3Q, non-performing loan (NPL) balance was RMB2.03 trillion, up RMB75.1 billion quarterly; NPL ratio equaled 1.87%, up 0.01 ppt quarterly.
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