China nudges banks to disclose lending ties with Venezuela, Bloomberg News reports

1 week ago 11

Reuters

Mon, January 5, 2026 astatine 3:46 AM CST 1 min read

Jan 5 (Reuters) - China's apical fiscal regulator asked its argumentation banks and different ​major lenders to study their lending vulnerability ‌to Venezuela aft the U.S. seizure of the Venezuelan ‌president, Bloomberg News reported connected Monday, citing radical acquainted with the matter.

The National Financial Regulatory Administration (NFRA) besides advised banks to fortify hazard ⁠monitoring of each ‌Venezuela-related credit, seeking to measure imaginable dangers to China's lenders, the study ‍added.

The NFRA did not instantly reply to a Reuters petition for comment.

For years, China has extended recognition ​lines to Venezuela nether loans-for-oil deals.

The ‌Bloomberg study said the NFRA's determination highlights increasing concerns among regulators implicit imaginable shocks to the banking assemblage arsenic geopolitical risks mount. Billions successful loans person been extended implicit the ⁠past decennary by China ​to the South American country, ​primarily led by argumentation banks specified arsenic China Development, the study added.

China's ‍foreign ministry ⁠on Monday reiterated Beijing's stance connected the concern aft the U.S. onslaught connected Venezuela ⁠and called for the contiguous merchandise of President Nicolas ‌Maduro.

(Reporting by Sherin Sunny successful Bengaluru; ‌Editing by Devika Syamnath)


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