BEIJING Feb 22 China's banking regulator said
on Wednesday the commercial banking sector's net profit rose to
1.65 trillion yuan ($240 billion) last year, a 3.54 percent
increase from 2015.
Chinese commercial banks' weighted average core tier 1
capital adequacy ratio was 10.75 percent at the end of 2016, the
China Banking Regulatory Commission (CBRC) said in an online
The sector's non-performing loan (NPL) ratio was at 1.74
percent at end-December, largely flat from the end of the third
quarter, the CBRC said, while the volume of NPLs increased to
1.51 trillion yuan, from 1.49 trillion yuan.
($1 = 6.8790 Chinese yuan)
(Reporting by Beijing Monitoring Desk; Editing by Richard