I posted earlier on moves in China to dump bad property-related loans:
China sets record in bad asset disposals, shifts focus to housing marketMore now:
China’s major banks are speeding up property loan write-offs under regulatory pressure to clean up balance sheets and support the broader economy.
Regulators, including ICBC, have been urged to accelerate the disposal of bad real estate loans—some banks have doubled their write-off targets.
In 2024, a record ¥3.8 trillion ($532B) in bad assets were removed, with property loans a major contributor.
While write-offs may free up capital and improve balance sheets, they could also weigh on profits and capital ratios.
The property sector remains weak, with Fitch expecting non-performing loan (NPL) ratios to stay high at 4–5% this year.
Analysts view the move as necessary to restore confidence and possibly a sign that the market is nearing a bottom.
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