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Bank of Ningbo Co: Net profit rose 8.39% and asset quality remained robust with a 0.76% NPL ratio

Bank of Ningbo Co: Net profit rose 8.39% and asset quality remained robust with a 0.76% NPL ratio

Bank Of Ningbo Co., Ltd. Class AOctober 28, 20254
Bank of Ningbo Co: Net profit rose 8.39% and asset quality remained robust with a 0.76% NPL ratio

About this update from Bank Of Ningbo Co., Ltd. Class A

Total assets grew 14.50% year-over-year to RMB 3,578.40 billion, with net profit up 8.39% to RMB 22.45 billion for the first nine months. Asset quality remained strong, with an NPL ratio of 0.76% and provision coverage at 375.92%.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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