China Regulator Asks Banks to Disclose Venezuela Exposure

China banks Venezuela exposure is under closer scrutiny after the country’s financial regulator asked policy banks and major lenders to disclose lending ties and strengthen monitoring of Venezuela-related credit, Bloomberg reported.

The National Financial Regulatory Administration move follows the US capture of Venezuelan President Nicolás Maduro and reflects concern that geopolitical risks could spill into China’s banking system.

China has extended billions of dollars to Venezuela over the past decade, largely through policy lenders such as China Development Bank under loans-for-oil arrangements.

The NFRA did not immediately respond to requests for comment, while China’s foreign ministry called for Maduro’s immediate release and urged Washington to stop destabilising Venezuela, according to briefing transcripts, underscoring risks linked to China banks Venezuela exposure.