Monday, February 24, 2020

China Will Raise Tolerance for Banks' Non-Performing Loans Amid Coronavirus Outbreak


By Reuters
NYT World
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.
Published date: February 24, 2020 at 10:44AM
Reuters
New York Times article

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