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The China Banking Regulatory Commission recently reported Chinese banking industry numbers and for a brief comparison: Profits: 1H2007 - 268.97 billion yuan (35.8 billion U.S. dollars) FY2003 – 32.28 billion yuan
NPL (% of non-performing loans): 2007 – 8.98% 2003 – 17.9%
Total assets: 2007 – 48.5 trillion yuan 2003 – 26.5 trillion yuan
We can draw some rough conclusions from the numbers:
What needs to happen now:
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Steve Haley Director of Market Development and Partnerships at Mojaloop Foundation
01 July
Matt Ryan Chief Transformation Officer at Reef
Anne Willem De Vries Co-founder and CEO at Silverflow
James Smith MD at Dsruptiv Ltd
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