A rebound in economic growth has allowed Chinese banks to outrun the approaching shadow of bad loans and given them more time to strengthen their balance sheets.
When China’s banks announce their 2012 results this week, they are expected to report another year of large profits and negligible non-performing loans. State media estimates that profits for the country’s five biggest banks rose 12 per cent last year and that their bad-loan ratio was steady at 0.99 per cent.
China Construction Bank reported its results yesterday; the first of the country’s “big four” banks to report its results. Its net profit rose 14 per cent to Rmb193.2bn ($31.1bn) in 2012, from Rmb169.3bn a year earlier. Analysts had expected Rmb192.7bn.
您已阅读33%（724字），剩余67%（1444字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。