A closed China Construction Bank branch in Wuhan. The lender says about 5 per cent of its small and medium-size business borrowers had requested an extension of loan repayments. Photo: EPA-EFE A closed China Construction Bank branch in Wuhan. The lender says about 5 per cent of its small and medium-size business borrowers had requested an extension of loan repayments. Photo: EPA-EFE
A closed China Construction Bank branch in Wuhan. The lender says about 5 per cent of its small and medium-size business borrowers had requested an extension of loan repayments. Photo: EPA-EFE

Chinese banks face double threat of more bad debt, lower margins amid worsening coronavirus pandemic

  • Chinese banks, now closely integrated into global supply chains, could be affected if outbreak is not contained by third quarter, China Construction Bank says
  • Non-performing loan pressure to worsen during second quarter and second half of this year: analyst

Topic |   Banking & Finance
A closed China Construction Bank branch in Wuhan. The lender says about 5 per cent of its small and medium-size business borrowers had requested an extension of loan repayments. Photo: EPA-EFE A closed China Construction Bank branch in Wuhan. The lender says about 5 per cent of its small and medium-size business borrowers had requested an extension of loan repayments. Photo: EPA-EFE
A closed China Construction Bank branch in Wuhan. The lender says about 5 per cent of its small and medium-size business borrowers had requested an extension of loan repayments. Photo: EPA-EFE
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