Several large banks’ real estate bad loan ratio increase in first half, most banks saw share of real estate lending drop amid tighter scrutiny

china real estate sector

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Several large Chinese commercial banks saw bank loan ratio for their real estate-related lending increased in the first half of the year after authorities tightened rules for bank's lending to the sector and for property developers' debt levels.

As of the end of June, among China's six largest state-owned banks and ten listed joint-stock banks, ten banks' non-performing loan (NPL) ratio for real estate-related lending increased in the first half of the year from the start of this year, according to the lenders' first-half financial results.

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