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KM Financial Solutions | China will raise tolerance for banks’ non-performing loans amid coronavirus outbreak
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China will raise tolerance for banks’ non-performing loans amid coronavirus outbreak

23 Feb China will raise tolerance for banks’ non-performing loans amid coronavirus outbreak

Posted at 08:37h in News by
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China will increase the
tolerance for non-performing loans (NPL) for local branches of
financial institutions and encourage them to write off some bad
loans to lower the NPL ratio, an official said on Monday.

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