China will raise tolerance for banks’ non-performing loans amid coronavirus outbreak
China will increase the
tolerance for non-performing loans (NPL) for local branches of
financial institutions and encourage them to write off some bad
loans to lower the NPL ratio, an official said on Monday.
tolerance for non-performing loans (NPL) for local branches of
financial institutions and encourage them to write off some bad
loans to lower the NPL ratio, an official said on Monday.
Posted by Reuters
