China Merchants Bank's non-performing loans reached 1.95% of total loans at the end of 2018, down from 2.14% compared to the previous year. Historically, the NPL ratio hit an all time high of 2.58% in 2005 and an all time low of 0.694% in 2011.
Provision coverage amounted to 249% at the end of 2018, up from 197% compared to a year earlier.
The bank created loan loss provisions worth of 1.70% of average loans in 2018. That's compared to 1.88% of loans the bank put aside to its cost on average in the last five years.
Comparing China Merchants Bank with its closest peers, Industrial & Commercial Bank of China operated at the end of 2018 with NPL ratio of 1.64% and provision coverage of 148% and China Construction Bank with 1.47% and 206% respectively.
You can see all the bank’s data at China Merchants Bank Profile, or you can download a report on the bank in the report section.