NPL ratio Of Chinese commercial banks hit 1.14%

The non-performing loan ratio of commercial banks in China was 1.14 percent at end 2010. The NPL balance is US$65.2 billion, according to a Reuters report.

The provision coverage ratio of commercial banks rose to 218.3 percent as of end 2010, up by 63 percentage points from the beginning of the year.

The amount of subprime loans increased by US$440.5 million at end 2010 from the end of September. The balances of doubtful loans and bad loans decreased by US$1.18 billion and US$185.3 million respectively at end 2010 from the end of September.

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