China's Bank of Communications says credit card debt fairly high-risk
FILE PHOTO: A people walk past an office of Bank of Communications in Beijing, China, August 27, 2020. REUTERS/Thomas Peter
SHANGHAI : China's Bank of Communications expects the quality of retail credit assets to fluctuate in the second half with the risk on credit card debt fairly high, the lender's chief risk officer Lin Hua said at an earnings news conference on Friday.
Source: Reuters
