Evergrande lenders 'weigh up loan losses'

By Cheng Leng
Updated September 18 2021 - 5:30am, first published 5:27am
A leaked document suggests Evergrande's liabilities extend to more than 128 banks in China.
A leaked document suggests Evergrande's liabilities extend to more than 128 banks in China.

One of China Evergrande Group's main lenders has made provisions for losses on a portion of its loans to the embattled property developer while some creditors are planning to give it more time to repay, four bank executives have told Reuters.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Armidale news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.