CBRC chairman reveals NPL securitization push

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By Rev Hui
14 Mar 2016

The securitization of non-performing loans will be one of the key tasks for the China Banking Regulatory Commission this year, according to chairman Shang Fulin.

Improving the asset quality of the country’s banking sector is one of the CBRC's main objectives, Shang told a National People’s Congress press conference last Saturday.

Developing the securitization of non-performing loans is one way to achieve that target as it would improve the capital turnover rate of the ...

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