Property loan risks under control, says China’s banking regulator
China’s banking regulator said that the risks surrounding country’s real estate loans are under control. The non-performing property loan ratio was only at 0.49 % by end of the first quarter, 1.49 % points lower than the overall non-performing loan ratio, the China Banking Regulatory Commission said in a statement on its website. The non-performing loan ratio of loans to property developers was at 0.56 percent.
Tags : INTERNATIONAL