China's ICBC says asst quality pressure is growing.
BANKING AND CREDIT NEWS-March 29, 2021--China's ICBC says asst quality pressure is growing
(C)2021 M2 COMMUNICATIONS http://www.m2.com
Global Banking News - 29 March 2021
China-based Industrial & Commercial Bank of China Ltd (1398.HK)(ICBC) has acknowledged that its asset quality pressure has increased.
The bank made the comment after its nonperforming loan ratio rose to its highest in four years in 2020. Even though the firm reported a net profit increase of 1.2 percent in...
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