Regulator considers bailout of China banks

The China Banking Regulatory Commission said on Thursday 29 May that time is running out for lenders to reduce the levels of nonperforming loans and if this did not happen a bailout of the industry may be considered.

Source: Reuters

China's new banking regulator said Thursday that "time is running out" for lenders to reduce bad loans, improve management and bolster capital, and that another bailout of the industry was under consideration.

Liu Mingkang, chairman of the China Banking Regulatory

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.