PBOC sees three risks to China's banking system

Chinese banks continues to face three major kinds of risk, namely credit risk, performance risk and trans-business risk, according to Xiang Junbo, deputy governor of the People's Bank of China.

Xiang said on Tuesday 26 April that credit risk is the major risk now. Due to lack of information, banks sometimes make wrong judgment of loan and investment, he said.

He said performance risk became an issue when information technology system turned invalid, but financial institution did not make instant

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account