Provision Ratios of Five Largest State-Owned Banks Now Exceed 2.5%

China's five largest State-Owned Banks (ICBC, Bank of China, Agricultural Bank of China, Construction Bank of China, and China Bank of Communications) have all reported their provisions for non-performing loans are higher than 2.5%, according to an anonymous insider. Other banks with joint-stock systems are now under greater pressure to increase their provision ratios.

Source
China Securities Journal

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