Bank Of Ningbo Co., Ltd. Class ASZSE: 002142

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

· Issued by 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%.

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