Even Invest And Profit From Them The Bad Debts Of Soes Account For 70 Of The Total Outstanding Loans In The Banking System And Are Taken Off The Balance Sheet For Handling The Government Then Set Aside 40 Billion Yuan In The Budget In 1998 For The Purpose Reference doccument

International Experience in Enhancing the Competitiveness of the Commercial Banking System in the Environment of International Economic Integration

1.2.5.2. Negative impacts a. Negative impact on the financial system and domestic economy Recent studies have shown that the increasing and deeper participation of foreign banks in the domestic market also has negative impacts on the financial system and economy in developing countries. Because of ...