LENDING & CREDIT | Cesar Tordesillas, China

NPL ratio of Chinese commercial banks remains at 0.9%

The NPL ratio of China's commercial banks at the end of June remains unchanged from the end of the first quarter at 0.9 percent.

According to the China Banking Regulatory Commission, non-performing loans hit 456.4 billion yuan or US$72.4 billion U.S. dollars at the end of the second quarter.

Foreign-funded banks registered the lowest NPL ratio, at 0.6 percent; NPL ratios for large commercial banks and joint-stock commercial banks stood at 1 percent and 0.7 percent, respectively.

Commercial banks' capital adequacy ratio reached 12.9 percent at the end of June, up from 12.7 percent three months earlier. Their core capital adequacy ratio rose to 10.4 percent from 10.3 percent at the end of March, according to the statement.

China's total banking assets jumped 20 percent year on year to 126.78 trillion yuan at the end of the second quarter. Large commercial banks' assets hit 59.09 trillion yuan, up 14.4 percent from the previous year, accounting for 46.6 percent of the nation's total banking assets.

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