SHANGHAI/HONG KONG -- Bad loans ticked up, interest margins shrunk and consumer loans were stagnant at China's biggest state-owned banks in 2024, underscoring mounting challenges facing the financial sector as the government readies a 500 billion yuan ($69 billion) capital injection.
Finance
Bad loans rise at Chinese state banks ahead of $69bn capital injection
Interest margins fall to record lows amid deflationary pressure
.jpg?width=780&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto)
China's "big four" state banks have been under pressure for years, since tighter rules triggered a property downturn that has sapped consumer confidence. (Source photos by Mizuho Miyzaki, Takaki Kashiwabara and Reuters)
Read Next
Latest on Finance
