BEIJING, Aug. 10 (Xinhua) — The non-performing loan ratio at China’s commercial banks stood at 1.56 percent at the end of June, slightly lower than the 1.59 percent recorded at the end of March, official data showed Friday.
The balance of non-performing loans stood at 3.3 trillion yuan ($461.9 billion) at the end of June, a decrease of 27.2 billion yuan from the end of March, according to the National Administration for Financial Regulation.
The balance of commercial banks’ performing loans stood at 210.8 trillion yuan at the end of the second quarter, indicating generally stable credit asset quality.
The balance of loan loss provisions increased by 104 billion yuan in the second quarter to 7 trillion yuan at the end of June, reflecting the risk resilience of commercial banks.