Chinese banks' bad loans rose in the first three months of this year and their capital power weakened. This is according to data from the China Banking and Regulatory Commission on Wednesday.
The numbers are further evidence of the country's fragile economic recovery. The average non-performing loans ratio rose to 0.96 percent at the end of March, from 0.95 percent at the end of 2012.
China's banking watchdog also says the average loan-to-deposit ratio was a little below 65 percent at the end of March, down slightly. Another key takeaway is the capital adequacy ratio, which stood at 12.3 percent, as the regulator put forward tougher capital rules in January.
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