The front gate of China Banking and Insurance Regulatory Commission in Beijing. Photo: CCTV.comThe front gate of China Banking and Insurance Regulatory Commission in Beijing. Photo: CCTV.com
The front gate of China Banking and Insurance Regulatory Commission in Beijing. Photo: CCTV.com

China sends 500 senior bankers for training on risk controls as bad loans at decade-high worry regulators

  • Chinese banks have seen their profits eroded by the Covid-19 crisis, resulting in a surge in non-performing loans to 10-year high
  • CBIRC has warned of weakening asset quality, saying a slight relaxation of rules could encourage malpractices

Topic |   China economy
The front gate of China Banking and Insurance Regulatory Commission in Beijing. Photo: CCTV.comThe front gate of China Banking and Insurance Regulatory Commission in Beijing. Photo: CCTV.com
The front gate of China Banking and Insurance Regulatory Commission in Beijing. Photo: CCTV.com
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