Bank of Communications expects the NPL ratio to grow to 1.8 per cent by the end of this year, or even 1.9 per cent if economic growth falls short of expectation. Photo: Reuters

Bad loans continue to haunt mainland lenders despite better-than-expected showing in first quarter

Bad loan ratio remained unchanged at 1.74pc at the end of March, down from a recent high of 1.76pc in the third quarter of last year

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Bank of Communications expects the NPL ratio to grow to 1.8 per cent by the end of this year, or even 1.9 per cent if economic growth falls short of expectation. Photo: Reuters
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