CHINA ORDER BANKS TO RECLAIM TRUST LOANS
China's Banking regulator ordered the banks to transfer off-balance sheet loans onto their books and
make provisions for those that may default. The assets linked to wealth management product provided by the trust companies must be shifted onto banks' Balance sheet by end of 2011 Lender s should prepare provisions equal to 150% of the potential losses.
make provisions for those that may default. The assets linked to wealth management product provided by the trust companies must be shifted onto banks' Balance sheet by end of 2011 Lender s should prepare provisions equal to 150% of the potential losses.
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