Story perspectives

China Expands Key Bank List Amid Property Market Woes

2/15/2026

Summary

Story summary

The People’s Bank of China and the National Financial Regulatory Administration expanded the domestic systemically important banks list, adding China Zheshang Bank and raising the total to 21.
The list comprises six state-owned banks, ten joint-stock banks, and five urban lenders, representing most of the country’s financial assets.
Authorities aim to tighten supervision as the property market downturn persists, with non-performing loans at 1.5% as of the end of 2025.

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Story summary

The People’s Bank of China and the National Financial Regulatory Administration expanded the domestic systemically important banks list, adding China Zheshang Bank and raising the total to 21.
The list comprises six state-owned banks, ten joint-stock banks, and five urban lenders, representing most of the country’s financial assets.
Authorities aim to tighten supervision as the property market downturn persists, with non-performing loans at 1.5% as of the end of 2025.