Sidebar Ads

Monday, March 30, 2020

China's big banks flag asset pressure due to virus, boding ill for smaller kin

China's largest state banks said the impact of restrictions on movement imposed to slow the spread of the coronavirus could pull down asset quality as borrowers struggle to repay loans, though they are likely big enough to weather any fallout.


from Reuters: Business News https://ift.tt/2UPJ7L3

0 comments:

Post a Comment

N Korea hackers stole $1.3bn of crypto this year - report

Some incidents may be linked to North Korean IT workers infiltrating tech firms, according to research firm Chainalysis. from BBC News htt...