Bad Debt At China's - And The World's - Largest Bank Surges By Most Ever
October 30, 2014 at 16:41 PM EDT
ICBC’s nonperforming loans rose to 115.5 billion yuan in September from 105.7 billion yuan in June. The increase was the biggest since quarterly data became available. Nonperforming credit accounted for 1.06 percent of total advances.
