The latest window guidance, which calls for recognising NPLs at more than 60 days overdue, has only been issued to China’s six biggest banks: Industrial and Commercial Bank of China, Bank of China, China Construction Bank, Agricultural Bank of China, Postal Savings Bank of China and Bank of Communications. Photo: Reuters

China’s biggest banks well prepped on non-performing loans, ready for stricter reporting standard

  • ‘Window guidance’ by top watchdog on recognising NPLs early unlikely to affect loans or impairment charges, say analysts
  • Some banks have been using stringent conventions since as early as 2018
Topic |   Banking & Finance

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The latest window guidance, which calls for recognising NPLs at more than 60 days overdue, has only been issued to China’s six biggest banks: Industrial and Commercial Bank of China, Bank of China, China Construction Bank, Agricultural Bank of China, Postal Savings Bank of China and Bank of Communications. Photo: Reuters
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