China Banks Increase Bad Loan Write Offs to Improve Default Ratios

Five largest banks in China have written off 22.1bn yuan in first half, up from 7.65bn yuan last year, according to Bloomberg.



via IBTimes.co.uk : Articles by Jerin Mathew http://www.ibtimes.co.uk/articles/516254/20131023/china-bank-bad-debt-credit-crisis-gdp.htm October 23, 2013 at 11:49AM