WRAPUP-China’s big banks flag asset pressure due to virus, boding ill for smaller kin
China’s largest state
banks said the impact of restrictions on movement imposed to
slow the spread of the coronavirus could pull down asset quality
as borrowers struggle to repay loans, though they are likely big
enough to weather any fallout.
banks said the impact of restrictions on movement imposed to
slow the spread of the coronavirus could pull down asset quality
as borrowers struggle to repay loans, though they are likely big
enough to weather any fallout.
Posted by Reuters
