China Daily: Lenders’ asset quality improving on credit reforms

Two of the largest State-owned commercial banks in China recorded a significant improvement in their asset quality last year, as a combined result of several factors including the adjustment of their credit structures and acceleration of the disposal of nonperforming loans. Industrial and Commercial Bank of China Ltd has seen a noticeable enhancement of its asset…

Tumisu / Pixabay


Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers

Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 13 subscribers whichever comes first – please do not share this discount with others