June 15 (Reuters) - China Banking Corp CHIB.PS :
* REFERS TO NEWSPAPER ARTICLES, VIBER MESSAGES CIRCULATING
AND
MAKING INSINUATIONS ABOUT BANKING VIOLATIONS BY CERTAIN
UNIVERSAL BANK
* CONFIRM THAT CO HAS A NON-PAYING CLIENT, WHOSE CASE HAS
BEEN
REFERRED TO LAWYERS
* EMPHASIZE THAT SAID OBLIGATION PROPERLY CLASSIFIED &
REPORTED TO
BSP
* SAID OBLIGATION CONSTITUTES LESS THAN 1% OF CO'S TOTAL
LOAN BOOK
& FOR WHICH CO HAS MADE ADEQUATE LOAN LOSS RESERVES
Source text https://reut.rs/2zBXDPU
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