The non-performing loans (NPL), as a proportion of the Industrial and Commercial Bank of China (ICBC), the world's largest bank by market value rose to 0.56 percent in 2009 compared with 2.29 percent a year Last ICBC in a statement Monday.
The NPL ratio of ICBC was also lower than the proportion of NPLs in the industry as a whole, which rose to 1.58 percent last year, according to the Banking Regulatory Commission of China (CCBC).
ICBC rate of NPLs fell by six years in a row. ICBC has attributed the good performance in the NPL ratio of strict bank lending controls and new types of loans.
All branches of ICBC abroad have benefited in 2009. Reserve assets increased by 22.9 percent in 2009 to 49.2 billion U.S. dollars, the statement said.
It does not have a specific percentage of foreign assets to total assets of the Bank in 2009.
Banking supervision has two guidelines on working capital loans and personal loans, Feb. 21. The guidelines ordered the banks to manage risks carefully and ensure that loans are used for their intended purpose.
The two directions in recent actions against bad loans of Chinese banks have lent too much money to watch in 2009.
