Bloomberg News

ICBC’s Yang Sees Bad Loan Ratio Declining Further This Year

March 09, 2012

The ratio of non-performing loans to total credit at Industrial & Commercial Bank of China (601398) Ltd. has been decreasing and will probably fall further this year, President Yang Kaisheng said in an interview with Bloomberg News in Beijing today.

To contact Bloomberg News staff for this story: Henry Sanderson in Beijing at hsanderson@bloomberg.net

To contact the editor responsible for this story: Nathaniel Espino at nespino@bloomberg.net


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