Bad loans are staying at an 'excellent range'

The mainland's leading state-owned lenders expect non-performing loans to remain steady in the fourth quarter as the economy stabilises.

Li Lihui, president of Bank of China (BOC), said the non-performing loan level of the bank would remain stable in the fourth quarter and would improve next year, following the country's economy.

via Business feed http://www.scmp.com/business/banking-finance/article/1078237/bad-loans-are-staying-excellent-range