China’s commercial banks resilient against risks: regulator

A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] BEIJING – The balance of loan loss provisions of China’s commercial banks came in at 6.9 trillion yuan ($970 billion) at the end of the first quarter of this year, data from the country’s financial regulator showed. The figure increased … Continue reading China’s commercial banks resilient against risks: regulator