Summary
[Yi Gang: National Poverty Alleviation Microfinance Non-Performing Loan Rate is Overall Controllable]The Governor of the People’s Bank of China, Yi Gang, said at the opening speech of the Sino-German “Fintech and Global Payments Field Panorama-Exploring Xinjiang” as of the end of July this year. , The total amount of microfinance for poverty alleviation nationwide has exceeded 710 billion yuan, and the NPL ratio is generally controllable. In general, the national poverty alleviation microfinance has maintained a low non-performing loan rate with a small amount of financial discounts, and is sustainable as a whole. (China Securities Network)
The central bank website news on September 18, the Chinese peopleBankPresident Yi Gang said in the opening speech of the Sino-German video conference “Fintech and Global Payments: Exploring Xinjiang Region”CreditA total of more than 710 billion yuan has been issued, and the non-performing loan rate is generally controllable. In general, the national poverty alleviation microfinance has maintained a low non-performing loan rate with a small amount of financial discounts, and is sustainable as a whole.
(Source: China Securities Network)
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