NPL rate increased in Shanghai in 2012
Updated: 2013-01-24 17:15
By YU RAN (chinadaily.com.cn)
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Non-performing loans held by banks in Shanghai in 2012 were worth over 27 billion yuan ($4.3 billion), with a NPL rate of 0.66 percent, up 0.06 percent year-on-year, the Banking Regulatory Bureau said on Wednesday.
The balance of all loans increased 9.98 percent year-on-year.
The contribution of small- and micro-enterprises for the balance of loans was over 835 billion yuan, up 14.58 percent year-on-year.
The general assets of banks in the city were up 11.91 percent, or over 961 billion yuan.
Total assets held by banks in Shanghai exceeded 9 trillion yuan.
yuran@chinadaily.com.cn
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