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At 1.56% Non-Performing Loans in China's commercial banks

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Στο 1.56% τα Μη Ε&xi ;υετομενεισεπο&rho ;ις τρπες Κiνς /></p> <p><strong>The ratio of non-performing loans at China's commercial banks stood at 1.56% at the end of June, down from 1.59% at the end of March, according to official data. </strong></p> <p>The balance of non-performing loans stood at 3.3 trillion yuan (420 billion euros) at the end of June, down 27.2 billion yuan (3.47 billion euros) from at the end of March, according to China's relevant regulatory authority (NFRA).</p> <p>On the other hand, the balance of non-performing loans in commercial banks was recorded at 210.8 trillion yuan (26.90 trillion euros) at the end of the second quarter, confirming the maintenance of a stable level of credit in the listed banks, according to NFRA.< /p> </p> <p>Meanwhile, the People's Bank of China (PBOC, central bank), said in a statement that the residential rental sector in China, which is expected to record dynamic demand but also stable supply, “constitutes an important dimension” for the new development model of the brokerage sector in the country for the future.</p> <p>Given the significant changes in the supply and demand dynamics of the brokerage market, the scale of housing availability is already very large, noted the Central Bank in its report, on the implementation of monetary policy.</p> <p>On the demand side, market players predict that China's population in need of housing will exceed 200 million residents with the dynamic development of the housing market to remain relatively large, the PBOC notes.</p> <p>The People's Bank of China adds that momentum is growing among important social groups, including recent university graduates entering the labor market, and workers with low incomes, according to the recording of market trends in recent years.</p> <p>source: OMEGALIVE</p> <p><noindex></p> <div class=Source: 24h.com.cy

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