Bank of Ningbo Co Ltd 2021 AR2
The report outlines Bank of Ningbo's financial and operational performance for the fiscal year 2021. The company achieved significant growth, with total assets reaching RMB 2,015,607 million, representing a 23.90% increase from the previous year, and net profit attributable to shareholders rising by 29.87% to RMB 19,546 million. Bank of Ningbo continued to support the real economy by expanding credit to inclusive small and micro-sized enterprises, manufacturing, and green finance. The bank maintained strong asset quality with a non-performing loan ratio of 0.77% and a provision coverage ratio of 525.52%.
Company: Bank of Ningbo Co Ltd
Sector: Finance & insurance
Country: China
Year: 2021
Type: AR2
Pages: 294
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Bank of Ningbo Co Ltd
Annual Report
The report outlines Bank of Ningbo's financial and operational performance for the fiscal year 2021. The company achieved significant growth, with total assets reaching RMB 2,015,607 million, representing a 23.90% increase from the previous year, and net profit attributable to shareholders rising by 29.87% to RMB 19,546 million. Bank of Ningbo continued to support the real economy by expanding credit to inclusive small and micro-sized enterprises, manufacturing, and green finance. The bank maintained strong asset quality with a non-performing loan ratio of 0.77% and a provision coverage ratio of 525.52%.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees