Small and medium-sized firms in coastal provinces are at the heart of the bad debt problem at banks such as China Citic. Photo: Bloomberg Small and medium-sized firms in coastal provinces are at the heart of the bad debt problem at banks such as China Citic. Photo: Bloomberg
Small and medium-sized firms in coastal provinces are at the heart of the bad debt problem at banks such as China Citic. Photo: Bloomberg

Citic and its peers bear brunt of NPLs

Bad loans at Citic up 16.5pc quarter on quarter with other joint-stock banks not far behind

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Small and medium-sized firms in coastal provinces are at the heart of the bad debt problem at banks such as China Citic. Photo: Bloomberg Small and medium-sized firms in coastal provinces are at the heart of the bad debt problem at banks such as China Citic. Photo: Bloomberg
Small and medium-sized firms in coastal provinces are at the heart of the bad debt problem at banks such as China Citic. Photo: Bloomberg
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