BEIJING , December 27 , SinoCast -- Banks' non-performing loans (NPLs) continue to rebound in China in 2013, the upward trend has not yet been curbed, but the overall risk is controllable, according to an outlook by Chengxin International Credit Rating Co., Ltd. Since 2013, banks' NPL outstanding has still taken on a rising trend. In the first three quarters of this year, newly-added NPLs hit CNY 33.9 billion , CNY 6.7 billion and CNY 24.1 billion quarterly or CNY 64.7 billion in total, NPL outstanding hit CNY 563.6 billion , NPL ratio hit 0.97%, growing 0.02 percentage points over the end of last year. As listed banks have a high market share in the Yangtze River Delta and Jiangsu and Zhejiang provinces, newly-added NPLs of listed banks reached CNY 56.995 billion in first three quarters of this year, accounting for 80.62% of total newly-added NPLs in the industry. The risk of local government financing platform loans and real estate loans is still the most concerned topic in the market this year and even next year.
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