Bank of Ningbo Co Ltd 2023 AR2

The report outlines Bank of Ningbo's financial and operational performance for the fiscal year 2023. The company achieved stable growth, with total assets reaching RMB 2,711,662 million and net profit increasing by 10.66% year-on-year to RMB 25,535 million. Bank of Ningbo continued to support the real economy by focusing on private small and micro enterprises, manufacturing, and green finance. The company also prioritized digital transformation, launching a new generation of core business systems and expanding its digital financial services. Additionally, the bank maintained robust risk management, keeping its non-performing loan ratio at a low level of 0.76%.

Company: Bank of Ningbo Co Ltd

Sector: Financials

Country: China

Year: 2023

Type: AR2

Pages: 276

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Bank of Ningbo Co Ltd

Bank of Ningbo Co Ltd 2023 Annual Report

Annual Report

The report outlines Bank of Ningbo's financial and operational performance for the fiscal year 2023. The company achieved stable growth, with total assets reaching RMB 2,711,662 million and net profit increasing by 10.66% year-on-year to RMB 25,535 million. Bank of Ningbo continued to support the real economy by focusing on private small and micro enterprises, manufacturing, and green finance. The company also prioritized digital transformation, launching a new generation of core business systems and expanding its digital financial services. Additionally, the bank maintained robust risk management, keeping its non-performing loan ratio at a low level of 0.76%.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

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