It increased 18.7% year-on-year.
According to BBVA Research, the deteriorating trend in asset quality comes to a halt as profitability in certain upstream industries have improved significantly.
"NPLs continue to rise, totaling 1.51 trn (US$219b) RMB as end of 2016, an increase of 18.7% compared to end-2015. Both non-performing loans (NPLs) and a broad measure of NPLs including special mentioned loan ratio registered a quarter-on-quarter decline in Q4 2016, the first time since 2012."
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