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Chinese banks see drop in bad loans
China's banks reported a reduction in bad loans fall and the maintenance of capital strength in the first three months of 2012.
The China Banking Regulatory Commission said banks reported that their average non-performing loan ratio dropped to 0.9 percent as at the end of March from 1.0 percent in the fourth quarter of 2011.
The weighted average capital adequacy ratio of Chinese banks remained unchanged at 12.7 percent in Q1 versus Q4. Core capital adequacy crawled upward to 10.3 percent from 10.2 percent over the same period.
CBRC requires major banks to maintain a minimum CAR of 11.5 percent. Other banks need a minimum CAR of 10.5 percent.
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