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Industrial & Commercial Bank of China - Asset Quality

NPLs (As % Of Loans) & Provisions (As % Of NPLs)
Banking | China | October 11, 2019
$2.99
Excel Sheet

Industrial & Commercial Bank of China's non-performing loans reached 1.64% of total loans at the end of 2018, down from 1.65% compared to the previous year. Historically, the NPL ratio hit an all time high of 34.5% in 2003 and an all time low of 0.950% in 2012.

Provision coverage amounted to 148% at the end of 2018, up from 145% compared to a year earlier.

The bank created loan loss provisions worth of 1.02% of average loans in 2018. That's compared to 0.794% of loans the bank put aside to its cost on average in the last five years.

Comparing Industrial & Commercial Bank of China with its closest peers, Home Credit China operated at the end of 2018 with NPL ratio of 1.57% and provision coverage of 788%, Qudian with 16.7% and 118% respectively and Lexin FinTech had 2.62% of bad loans covered with 213% by provisions at the end of 2018.

You can see all the bank’s data at Industrial & Commercial Bank of China Profile, or you can download a report on the bank in the report section.