Home / Business / Finance Tools: Save | Print | E-mail | Most Read | Comment
China Eximbank non-performing loans down in first half year
Adjust font size:

The Export-Import Bank of China (China Eximbank) said on Monday its non-performing loan (NPL) ratio dropped in the first half, amid efforts to improve its business structure.

The NPL ratio fell to 1.8 percent as of June, compared with 2.45 percent a year earlier. Outstanding loans totaled 412.3 billion yuan (58.9 billion U.S. dollars), up 91.3 billion yuan from last year.

New loans totaled 154.6 billion yuan, up 66.77 percent year-on-year, while total assets rose 16.5 percent to 610.8 billion yuan.

Bank governor Li Ruogu attributed the decline in the NPL ratio and the rise in lending to innovation, structural reform, cooperation with overseas lenders and improved risk management improvement.

(Xinhua News Agency August 5, 2008)
Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Eximbank helps Chinese exporters seek int'l market
- Standard Chartered signs co-op agreement with Eximbank
- Eximbank Reduces NPL Ratio to 2.84 Pct
- ABC reports NPL ratio up
- Banks' NPL ratio fall to lowest 5.8%
Most Viewed >>
- Shenzhen home buyers bugged by mortgage dilemma
- Beijing's GDP to break 1-trillion-yuan mark in 2008
- China raises export tax rebate for textiles to 13%
- CPI rise continues to slow down in July
- New funding options for domestic property firms
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?