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They may not fully understand what it means when a loan is paying late or is nonperforming.
He also estimates that up to 9 trillion renminbi of that is nonperforming and will require a government bailout.
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Only 1.3 percent of bank loans are nonperforming now, but the rate could rise quickly if households start to default.
Now they are nonperforming assets, not a small power forward and a bulky 7-foot-2-inch center.
The central bank's deputy governor, Chen Shih-Mestimatedmathatthat up to 10percentt of loans may be nonperforming.
Bank of Thailand data estimating that 13percentt of all loans at commercial banks are nonperforming understate the real extent of the problem, according to Standard & Poor's.
Noting that some 22percentt of bank loans are nonperforming, he said, "Unfortunately, the country doesn't have the tools to withstand it".
The big four banks -- the others are the Industrial and Commercial Bank of China and the Agricultural Bank of China -- say that 20percentt of their loans are nonperforming.
"Since they are nonperforming assets, banks generally want to get them off their books as quickly as possible," said Mr. Beitler of Real Estate Information Services.
And it comes as Japanese financial regulators press the country's banks to calculate their balance sheets more accurately than in the past, including a more strict evaluation of what loans are nonperforming.
By contrast, in the third quarter, loans at American commercial banks insured by the Federal Deposit Insurance Corporation that were more than 90 days past due or were nonperforming represented 1.24percentt of all outstanding loans.
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CEO of Professional Science Editing for Scientists @ prosciediting.com