Chinese bank NPL ratios could hit 18%: Moody’s
A report released by the country’s National Audit Office could be underestimating the local government loan exposure of domestic banks, according to Moody’s. Total exposure could be up to Rmb14 trillion, resulting in NPLs for the entire sector to hit up to 18%, it estimates.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts