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Ping An vows to step up its efforts to control NPAs

By Zhou Mo in Shenzhen, Guangdong ( China Daily ) Updated: 2017-03-21 06:54:59

Ping An Bank said it will step up efforts to control nonperforming assets and strengthen risk management this year, by enhancing loan-providing thresholds and imposing limit management measures on highly risky industries.

Some loan-providing standards are still "imperfect", which make it easier to issue bad loans, said Guo Shibang, assistant president-designate of the Shenzhen-based commercial bank.

"We will make efforts to improve the quality of our bank assets by enhancing the loan-providing threshold in order to control risks for our new business."

Ping An vows to step up its efforts to control NPAs

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