China’s big banks brace for lagging COVID-19 risks as bad loans rise

4/4 © Reuters. A logo of the Agricultural Bank of China is seen at the SIBOS banking and financial conference in Toronto 2/4 BEIJING/SHANGHAI (Reuters) – Four of China’s five largest state-owned banks said they have increased their provisions against bad debt to brace for future losses due to the impact of the global coronavirus […]

Continue Reading