Bad loans at Chinese commercial banks fall in 2010
BEIJING, Jan. 26 (Xinhua) -- China's banking 1 watchdog said Wednesday Chinese domestic commercial banks' balance of non-performing loans (NPL) decreased（减少） 14 percent through 2010 to stand at 429.3 billion yuan (65.17 billion U.S. dollars) at year-end.
At the end of 2010, the banks' NPL ratio had edged down 0.44 percentage points over the year to 1.14 percent, the China Banking Regulatory Commission (CBRC) said.
Joint-stock commercial banks reported 4.86 billion yuan of NPL at the end of 2010, down 21 percent year on year, and a NPL ratio of 0.53 percent, down 0.32 percentage points.
The CBRC also said the liquidity 2 ratio of commercial banks fell one percentage point year on year to 42.2 percent.
Domestic commercial banks are large-scale commercial banks, joint-stock commercial banks, city commercial banks, rural commercial banks and foreign banks.(本文由在线英语听力室整理编辑)
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