Banks at Chinese provinces with smaller GDP sizes are suffering faster accumulation of bad debt, putting additional pressure to these regions that are already grappling with enormous economic challenges.  As of the end of the third quarter this year, non-performing loan (NPL) ratios of banks in Jilin and Gansu provinces were above 4%. NPL ratios […]

Banks In Provinces With Smaller GDP Struggle With Higher Bad Debt appeared first on China Money Network.