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

Andy Burnham to embark on cost of living tour through the UK

No 10 says the prime minister's plans will "give people some room to breathe", but opposition figures accuse him of "hypo...