Bank of Ningbo Co Ltd
SZSE:002142
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Bank of Ningbo Co Ltd
Bank of Ningbo Co Ltd
Loan Loss Provision
Bank of Ningbo Co Ltd
Loan Loss Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Loan Loss Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Bank of Ningbo Co Ltd
SZSE:002142
|
Loan Loss Provision
-¥10.4B
|
CAGR 3-Years
4%
|
CAGR 5-Years
-7%
|
CAGR 10-Years
-18%
|
|
|
Chongqing Rural Commercial Bank Co Ltd
SSE:601077
|
Loan Loss Provision
-¥4.8B
|
CAGR 3-Years
20%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
|
|
Bank of Nanjing Co Ltd
SSE:601009
|
Loan Loss Provision
-¥9.5B
|
CAGR 3-Years
2%
|
CAGR 5-Years
-3%
|
CAGR 10-Years
-14%
|
|
|
B
|
Bank of Hangzhou Co Ltd
SSE:600926
|
Loan Loss Provision
-¥7B
|
CAGR 3-Years
12%
|
CAGR 5-Years
0%
|
CAGR 10-Years
N/A
|
|
|
Bank of Jiangsu Co Ltd
SSE:600919
|
Loan Loss Provision
-¥16.6B
|
CAGR 3-Years
11%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
N/A
|
|
|
Bank of Chengdu Co Ltd
SSE:601838
|
Loan Loss Provision
-¥1.6B
|
CAGR 3-Years
33%
|
CAGR 5-Years
13%
|
CAGR 10-Years
N/A
|
|
Bank of Ningbo Co Ltd
Glance View
Bank of Ningbo Co Ltd, established in 1997, has emerged as a formidable player in China's rapidly expanding banking sector. With its roots firmly planted in Ningbo, a city known for its vibrant economy and strategic position as a trade hub, the bank has effectively leveraged local strengths to grow its customer base and expand its reach. As of October 2023, Bank of Ningbo boasts a robust asset portfolio and a wide range of financial products and services, including personal banking, corporate financing, and wealth management. Investors are particularly drawn to the bank's commitment to innovation and digital transformation, which has positioned it well to compete in an increasingly tech-driven financial landscape. What makes Bank of Ningbo especially appealing to potential investors is its consistent financial performance and prudent management strategy. The bank has shown resilience in navigating market fluctuations, displaying a solid track record of profitability and capital adequacy. With a focus on strategic expansion and customer-centric services, it has cultivated strong relationships with small and medium-sized enterprises, contributing significantly to its loan portfolio. As China continues to shift towards a more service-oriented economy, the Bank of Ningbo is poised to capitalize on growing demand for banking services. For investors looking for a stable yet dynamic investment in the Chinese financial sector, Bank of Ningbo presents an intriguing opportunity grounded in sound fundamentals and innovative growth strategies.
See Also
What is Bank of Ningbo Co Ltd's Loan Loss Provision?
Loan Loss Provision
-10.4B
CNY
Based on the financial report for Sep 30, 2024, Bank of Ningbo Co Ltd's Loan Loss Provision amounts to -10.4B CNY.
What is Bank of Ningbo Co Ltd's Loan Loss Provision growth rate?
Loan Loss Provision CAGR 10Y
-18%
Over the last year, the Loan Loss Provision growth was -20%. The average annual Loan Loss Provision growth rates for Bank of Ningbo Co Ltd have been 4% over the past three years , -7% over the past five years , and -18% over the past ten years .
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