loan ratio: The BOC will continue to step up efforts on clearance and dissolution of non-performing loans, the report said, according to Global Times China. Its annualized non-performing loan ratio dropped 0.41 percentage points in the first half of the year, compared with the same period last year. The bank, as one of the country's big four state-owned lenders, has seen steady growth in its business performance and continuous improvement in its brand value in the first half of this year, according to Liu Liange, president of the BOC. As of the end of June, its revenue came in at 276.7 billion yuan about 39 billion US dollars up 10.02 percent year on year, while after-tax profits expanded 5.08 percent to 121.4 billion yuan. Political advisors discuss BRI cooperation on innovation
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Tagged under loan ratio, percentage points topics.