Arab Today, arab today pwc top chinese banks\ asset quality declining
Last Updated : GMT 22:34:05
Arab Today, arab today
Arab Today, arab today

PwC: Top Chinese banks\' asset quality declining

Arab Today, arab today

Arab Today, arab today PwC: Top Chinese banks\' asset quality declining

Beijing - XINHUA

The asset quality of China's top 10 listed banks has clearly declined, according to a report released by PricewaterhouseCoopers (PwC) on Tuesday. PwC expects the non-performing loan (NPL) balance to rise in the near future as the gap between the average delinquency ratio and average NPL ratio had widened, as part of a continuing trend for divergence. The NPL ratio grew at a significantly slower pace than the delinquency ratio, the report said. The top 10 listed banks had an NPL balance of 449.4 billion yuan at the end of 2013, up 19.47 percent from the end of 2012. The average NPL ratio increased 0.06 percentage points to 0.99 percent. This across-the-board increase indicates that the slowdown in economic growth is impacting banks, according to PwC. Its report noted a surge in NPLs in the Yangtze River Delta, where the NPL balance surged 30.90 percent over the pervious year. In terms of industry, most corporate NPLs concentrated on manufacturing and retailing. The NPL balance in the real estate fell, PwC analysis showed. But bank loans to the sector have been closely watched for several years and now shadow banking contributes considerably to property developers' financing. "In 2014, the banking sector will continue to face a complex financial environment. Banks should focus on the impacts of interest rate liberalization, Internet finance, deposit insurance, and the entrance of privately owned banks," said Raymond Yung, PwC China financial services leader.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pwc top chinese banks\ asset quality declining Arab Today, arab today pwc top chinese banks\ asset quality declining

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today pwc top chinese banks\ asset quality declining Arab Today, arab today pwc top chinese banks\ asset quality declining

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Sheraton Grand Hotel reveals its deals

GMT 12:20 2017 Monday ,25 September

Sheraton Grand Hotel reveals its deals
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iraq Kurds in historic independence vote

GMT 15:20 2017 Monday ,25 September

Iraq Kurds in historic independence vote
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:02 2017 Sunday ,24 September

Harry visits mental health hospital

GMT 11:11 2017 Sunday ,24 September

The dark side of new tourism hope

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday