China's ICBC sees non-performing loan ratio falling to 3.5 pct in 2007 |
|
|
|
Published
:
Tue, 03 Apr 2007 11:40
|
BEIJING (XFN-ASIA) - The Industrial and Commercial Bank of China (ICBC) (HK 1398; SHA 601398), the mainland's largest commercial bank by assets, expects its non-performing loan ratio to fall to 3.5 pct in 2007, the bank's president said.Yang Kaisheng, president of ICBC, told a media briefing here that the lender also sees its non-performing loan ratio under three pct within three years.ICBC's non-performing loans ratio stood at 3.79 pct as of the end of 2006.derek.jiang@xfn.com
|
|
|
|
|
|
|
| Stock
Quotes * |
|
NASDAQ
|
|
2792.28 |
22.57 (
0.81 %)
|
| SYMBOL (
2012-01-19 ) |
| LAST |
CHANGE
|
|
CARNIVAL
(
11:35am )
|
|
2017.00 |
46.00 (
2.42 %)
|
|
WHITBREAD
(
11:35am )
|
|
1662.99 |
33.99 (
2.09 %)
|
| SYMBOL (
2012-01-19 )
|
| LAST |
CHANGE
|
|
IBM
(
12:34pm ) |
|
181.50 |
0.43 (
0.24 %)
|
| SYMBOL (
2012-01-19 )
|
| LAST |
CHANGE
|
|
|
Print this Story
China's ICBC 2006 net profit up 31 pct on retail banking, lending ops - UPDATE 