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| Liu: the banking subdivision rate of revisit on capital engaged in work 17.1% |
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| Written by Zou himfr |
| Tuesday, 12 May 2009 13:58 |
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According to Xinhua news April 18, the China Banking Regulatory Commission Chairman Liu Mingkang on the 18th in the 2009 Boao Forum for Asia annual meeting said that China's banking sector withstand the financial crisis, has maintained a steady growth. Liu held at the group, "the explore for fiscal research, openness and balanced regulation," sub-forum, said non-performing advances of China's banking subdivision has been a very good balance of manipulate, capital adequacy ratio on the get higher, banks a good rate of revisit, the development of the banking subdivision is healthy. He said that in 2008 industry-wide earnings of China's banking part come to 583.4 billion yuan, setting a world record for the largest earnings development overhead 30%, but furthermore the world's first. Industry-wide come back on capital come to 17.1 percent. The participants are worried about the topic of non-performing borrowings of China's banking part, Liu said that the first quarter of this year, China's banking part non-performing lend rate was only 2.04 per hundred, a decline of the end of last year more than 0.38 percentage points. Balance of non-performing borrowings, comprising a decline of 10.77 billion yuan last year. In his outlook, this outcomes in a considerable boost in borrowings made under the attenuating components, and not very easy to arrive by. About the Author: ,you could find many cheap . Kindly provided by LJ-Marketing.dk You are welcome to use this article on your own website, if you include the link just before this text. |
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