|
BIZCHINA> News
![]() |
|
Chinese banks urged to guard against liquidity risks
(Xinhua)
Updated: 2008-09-26 00:18 BEIJING -- Chinese banks should guard against liquidity risks, market risks and operation risks in response to the USsubprime crisis, Liu Mingkang, chairman of the China Banking Regulatory Commission, said on Thursday. The shareholding commercial lenders also need to actively avert credit risks brought about by the economic slow-down, Liu told a bankers' meeting in Beijing. He urged banks to boost corporate governance and internal control, closely watch the major developments in the global financial sphere and improve the ability to predict and avert international risks. The shareholding commercial banks have become more competitive over the past years. On average, their capital adequacy ratio was at 10.1 percent and their non-performing loans ratio fell to 1.65 percent by the end of June. The banks posted total net earnings of 55.4 billion yuan (8.1 billion US dollars) in the first half of the year, up 106.2 percent from a year earlier. (For more biz stories, please visit Industries)
|
清远市| 平乡县| 龙井市| 武汉市| 肥东县| 塘沽区| 玉溪市| 桂阳县| 洞头县| 南和县| 连平县| 绍兴县| 府谷县| 黄石市| 综艺| 会理县| 聊城市| 呼伦贝尔市| 永顺县| 桐庐县| 金昌市| 浦东新区| 安平县| 忻城县| 桦川县| 崇州市| 柳河县| 儋州市| 外汇| 惠来县| 保德县| 扶沟县| 石河子市| 凤台县| 祁阳县| 宕昌县| 敖汉旗| 邹城市| 东兴市| 汉中市| 海兴县|