Moody’s: Chinese banks’ asset quality, capitalisation stable

Moody's said statistics revealed by the People's Bank of China (PBOC) and China Banking and Insurance Regulatory Commission (CBIRC) are in line with its view.

KUALA LUMPUR: Moody’s Investors Service expects Chinese banks' asset quality and capitalisation will be stable over the next 12 to 18 months as the economy continues to recover.

In its in-depth report on Monday, the rating agency said statistics revealed by the People's Bank of China (PBOC) and China Banking and Insurance Regulatory Commission (CBIRC) are in line with its view