trending Market Intelligence /marketintelligence/en/news-insights/trending/-5e6lLM2N0vzusXWuUFazg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Chinese banks' H1 profit up 7.92%, bad loan ratio steady in Q2

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

Chinese banks' H1 profit up 7.92%, bad loan ratio steady in Q2

China's commercial banks reported profits reached 970.3 billion yuan for the six months ended June, up 7.92% from a year earlier, China Banking Regulatory Commission data showed.

The banks' non-performing loan ratio held steady at 1.74% at end-June, the same level recorded at end-March and end-2016. That level was down from 1.76% at the end of the third quarter of 2016, said a South China Morning Post report.

Total bad loans rose to 1.64 trillion yuan, up from 1.58 trillion yuan at end-March. "Special mention loans", or assets presenting unwarranted credit risks, dipped to 3.64% by end-June from 3.77% at end-March.

Loan loss reserves increased to 2.9 trillion yuan, up by 74.7 billion yuan from last quarter, while the provision coverage was at 177.2%, down 1.58 percentage points from end-March, said a Xinhua report in China Daily.

"The data reflected that banking asset quality is under control," said Zhao Yarui, a senior researcher at Bank of Communications. "Yet, credit risks still remain given the still relatively large scale of bad loans and special mention loans," said an SCMP report.

As of Aug. 14, US$1 was equivalent to 6.67 Chinese yuan.