Loan Ratios: Hengfeng Bank

loan ratios: State-owned Central Huijin Investment will make a capital injection into Shandong Province-based Hengfeng Bank, a move widely deemed as a breakthrough in the marketization of the bank, led by the provincial government, chinatimes.net.cn reported, according to Global Times China. Hengfeng Bank was repeatedly fined by regulators in 2018 and 2019, after the bank's former chairman Cai Guohua and several other senior executives were put under criminal investigations. But more needs to be done, such as arranging comprehensive evaluations of small and medium-sized banks' bad loan ratios and watching out for the negative impact of financial deleveraging on smaller banks, experts said. Financial statements released by the bank have shown a deteriorating trend. The bank hasn't updated its financial status. The bank had assets of 1.05 trillion yuan 148.8 billion at the end of September 2018, down 21.2 percent compared with the start of 2018. (news.financializer.com). As reported in the news.