In the second quarter, the volume of non-performing loans of Chinese banks grew at the most significant rates in more than 10 years by 183 billion yuan and reached 1 trillion 960 billion yuan, the China Banking and Insurance Regulatory Commission reported. The share of “bad” loans in the total volume of loans issued by banks reached a maximum since March 2009 of 1.86%. In recent years, the capital adequacy ratio of Chinese banks has deteriorated, especially among small banks. At the end of June, this indicator fell to 13.57% from 13.64% at the end of the first quarter. According to the People's Bank of China, over the first half of the year, loans issued by Chinese banks rose by 1 trillion yuan to 9 trillion yuan in annual terms.
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