BEIJING, May 11 (Reuters) - Chinese commercial banks’ non-performing loan (NPL) ratio was 1.75 percent at the end of first quarter of 2018, up from 1.74 percent at end-2017, the banking and insurance regulator said on Friday.
Total non-performing loans hit 1.77 trillion yuan ($278.94 billion) at end-March, while core tier 1 capital adequacy ratio was 10.72 percent, the regulator said.
$1 = 6.3455 Chinese yuan renminbi Reporting by Beijing Monitoring Desk; Editing by Kim Coghill
