Lenders' asset quality declines further in Q1
By Wang Xiaotian | China Daily | Updated: 2013-05-03 07:34
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Agricultural Bank of China's booth at a banking trade show in Beijing. Out of 16 listed Chinese banks, only Agricultural Bank of China and Bank of Beijing reported a decline in both bad loans and non-performing loan ratios. Provided to China Daily |
Chinese banks' asset quality continued to deteriorate in the first quarter as the economy faltered, according to the financial reports of major banks.
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