The ratio of nonperforming loans at China's commercial banks stood at 1.74 percent in the first quarter of 2017, down 0.01 percentage point year-on-year, the bank regulator said on Wednesday.
The banks' total outstanding loans stood at 89.3 trillion yuan ($14 trillion) as of the end of the first quarter, according to a post on the website of the China Banking Regulatory Commission on Wednesday.
The total net profit of commercial banks reached 493.3 billion yuan, up 4.61 percent year-on-year, the post showed.
