Tighter credit card risk rules and weaker repayment capacity pushed up nonperforming retail loans in the first half, prompting lenders to raise provisions and accelerate disposals of troubled debt
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People walk past a bank's personal loan center in Huaian, Jiangsu province. Photo: VCG
Falling credit card issuance, rising bad loans and competition from online credit products are forcing lenders to overhaul a…
A drop in household and corporate lending missed expectations, while heavy government bond issuance lifted broader credit growth
Beijing is forcing a steep cut in borrowing costs across its multi-trillion yuan consumer credit market and dismantling the core…
Strong corporate lending supports overall credit despite weak consumer demand
The case highlights concerns over hidden bad debt tied to China’s property downturn
The pace of disposal efforts has accelerated since July, coinciding with the country’s slowing economy.
