bearish

Bank of Ningbo - Doubtful Loans +59%, Loss Loans +38%, Impairment Costs -16%, With Falling LLR/Loans

561 Views01 Sep 2023 12:06
​The bank is seeing worsening growth in the worst two loan buckets, of doubtful loans and loss loans, but is limiting its impairment costs - the latter's decline is the main driver of profit growth.
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 5-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Rising
Daniel Tabbush
Research and consultancy
Tabbush Report
FinancialsEquity Bottom-UpThematic (Sector/Industry)
Price Chart(Sign Up to Access)
analytics-chart
x