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Guiyang Co Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Quality lenders cut allowance to NPLs, release more credit resources

Among 42 A-share listed Chinese banks, 10 lenders cut the allowance for loan impairment losses to nonperforming loans in the first quarter, as China urged large and quality banks to release funds to step up support for the real economy.

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