China to lower bad loan provisions for smaller banks – state media
China’s cabinet has decided to
lower the bad loan provision requirement for medium and small
banks by 20 percentage points temporarily, state television
quoted a cabinet meeting chaired by Premier Li Keqiang as saying
on Tuesday.
lower the bad loan provision requirement for medium and small
banks by 20 percentage points temporarily, state television
quoted a cabinet meeting chaired by Premier Li Keqiang as saying
on Tuesday.
Posted by Reuters
