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FX debate

FX debate

Testing times in the search for alpha

Sovereign wealth funds on euromoney.com

Sovereign wealth funds on euromoney.com

The facts and figures revealed by Euromoney are used by many other information providers today.

Monday, May 5, 2008

Non-performing loans ratio of Chinese commercial banks declines to record low in 2007.





Non-performing loans ratio of Chinese commercial banks declines to record low in 2007. According to news agency Xinhua , figures of the China Banking Regulatory Commission (CBRC) show that the non-performing loans (NPL) ratio of Chinese commercial banks declined by 0.93pps y/y to a record low of 6.2% in 2007. The total assets of the banking sector increased by 19.7% y/y to CNY 52.6tn. Outstanding deposits increased to CNY 40.1tn, a y/y increase of 15.2% and a growth rate slower by 0.74pps than in 2006. Outstanding loans increased by 16.4% y/y to CNY 27.8tn during the year. The total net income of the banking industry amounted to CNY 446.7bn in 2007.







We are much closer to the bottom than par, but this market could still go down 2% in a week simply on unknown news

John Redding of Eaton Vance outlines just how jittery the loan market has become

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