FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA PRESS: Non-performing Loans Transfer Increases Significantly

CHINA PRESS
EM BulletAPACChinaEmerging Market NewsBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets

Personal non-performing loan (NPL) transfers accelerated significantly in Q2, increasing by 547.67% to CNY27.9 billion from Q1’s CNY4.3 billion, 21st Century Business Herald reported. Personal NPLs are more difficult to deal with compared to corporate loans due to the lack of collateral, while local asset-management companies, the main recipients of NPLs, are finding it increasingly hard to dispose of them as their number grows.

64 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Personal non-performing loan (NPL) transfers accelerated significantly in Q2, increasing by 547.67% to CNY27.9 billion from Q1’s CNY4.3 billion, 21st Century Business Herald reported. Personal NPLs are more difficult to deal with compared to corporate loans due to the lack of collateral, while local asset-management companies, the main recipients of NPLs, are finding it increasingly hard to dispose of them as their number grows.