Company Study of Bank of Ningbo, 2009-2010
Bank of Ningbo Co., Ltd. (hereinafter referred to as “Bank of Ningbo”), established on April 10th 1997, is a shareholding commercial bank. By the end of 2009, Bank of Ningbo had owned 5 branches, respectively in Shanghai, Hangzhou, Nanjing, Shenzhen and Suzhou, 1 head office banking department and 83 sub-branches. It ranked No.432 in the Global Top 1000 Banks and No.22 among the Chinese Top 100 Banks in 2009. On July 19th 2007, Bank of Ningbo was successfully listed in Shenzhen Stock Exchange (stock code: 002142)
At the end of 2009, the total assets of the Bank reached RMB163.352 billion, the deposits RMB110.752 billion, the loans RMB81.864 billion; the capital adequacy ratio was 10.75%, the core capital adequacy ratio 9.58%; the non-performing loan ratio 0.79%, the provision coverage ratio 170.06%; and its net profit hit RMB1.457 billion.
In 2010, the Bank plans to set up two or three new branches in Beijing, Wuxi and Chengdu optionally. In general, a new branch will cost RMB20 million to RMB40 million, and it will take 18 months to reach break-even point and gain profit. Besides, the Bank will pay wages to newly-hired personnel.
At the end of 2009, the total assets of the Bank reached RMB163.352 billion, the deposits RMB110.752 billion, the loans RMB81.864 billion; the capital adequacy ratio was 10.75%, the core capital adequacy ratio 9.58%; the non-performing loan ratio 0.79%, the provision coverage ratio 170.06%; and its net profit hit RMB1.457 billion.
In 2010, the Bank plans to set up two or three new branches in Beijing, Wuxi and Chengdu optionally. In general, a new branch will cost RMB20 million to RMB40 million, and it will take 18 months to reach break-even point and gain profit. Besides, the Bank will pay wages to newly-hired personnel.
1. PROFILE
2. ANALYSIS
2.1 Operation
2.2 Loan Business
2.2.1 The Adjustments in Business Structure Enhances the Premium Advantages
2.2.2 The Short Terms Increase the Revenue When the Interest Rates Are Raised
2.3 Deposit Business
3 COMPETITIVE ADVANTAGES
3.1 Market Position
3.1.1 Quality Clients
3.1.2 Higher Premium
3.2 Adequate Excess Reserves and Low Cash Flow Pressures
4 PROSPECT
4.1 SME Market Continues to be Developed
4.2 Business Expansion of Branches
2. ANALYSIS
2.1 Operation
2.2 Loan Business
2.2.1 The Adjustments in Business Structure Enhances the Premium Advantages
2.2.2 The Short Terms Increase the Revenue When the Interest Rates Are Raised
2.3 Deposit Business
3 COMPETITIVE ADVANTAGES
3.1 Market Position
3.1.1 Quality Clients
3.1.2 Higher Premium
3.2 Adequate Excess Reserves and Low Cash Flow Pressures
4 PROSPECT
4.1 SME Market Continues to be Developed
4.2 Business Expansion of Branches
SELECTED CHARTS
Basic Data of Bank of Ningbo, 2009
Total Operating Revenue and Total Profit of Bank of Ningbo, 2007-2009
Income Statement of Bank of Ningbo, 2009
Total Assets, Deposits and Loans of Bank of Ningbo, 2005-2009
Ratio of Loans of Bank of Ningbo in Total Loans of Chinese Financial Institutions, 2004-2009
Loan Growth Rates of Bank of Ningbo and Chinese Financial Institutions, 2005-2009
Comparison between Retail Company Business and Banking Business, 2008-2009
Ratios for Assets Classified of Bank of Ningbo, 2006-2009
Loan Terms of Bank of Ningbo, 2009
Deposit Growth of Bank of Ningbo, 2004-2009
Deposit Structure of Bank of Ningbo, 2006-2009
Deposit Growth Rates of Bank of Ningbo and Chinese Financial Institutions, 2005-2009
Non-performing Loans of Bank of Ningbo, 2007-2009
Generation Rate of Non-performing Loans of Bank of Ningbo, 2005-2009
Credit Cost Rate of Bank of Ningbo, 2007-2009
Provision Coverage of Bank of Ningbo, 2007-2009
Lending Rates of Bank of Ningbo, 2010
Adjustments in Deposit Reserve Rate in China, 2008-2009
Excess Reserves of Bank of Ningbo, 2007-2009
Feature Products of Bank of Ningbo
Plan of Bank of Ningbo on Establishing Branches
Loan Business of Bank of Ningbo, 2009
Cost-income Ratio of Bank of Ningbo, 2004-2009
Basic Data of Bank of Ningbo, 2009
Total Operating Revenue and Total Profit of Bank of Ningbo, 2007-2009
Income Statement of Bank of Ningbo, 2009
Total Assets, Deposits and Loans of Bank of Ningbo, 2005-2009
Ratio of Loans of Bank of Ningbo in Total Loans of Chinese Financial Institutions, 2004-2009
Loan Growth Rates of Bank of Ningbo and Chinese Financial Institutions, 2005-2009
Comparison between Retail Company Business and Banking Business, 2008-2009
Ratios for Assets Classified of Bank of Ningbo, 2006-2009
Loan Terms of Bank of Ningbo, 2009
Deposit Growth of Bank of Ningbo, 2004-2009
Deposit Structure of Bank of Ningbo, 2006-2009
Deposit Growth Rates of Bank of Ningbo and Chinese Financial Institutions, 2005-2009
Non-performing Loans of Bank of Ningbo, 2007-2009
Generation Rate of Non-performing Loans of Bank of Ningbo, 2005-2009
Credit Cost Rate of Bank of Ningbo, 2007-2009
Provision Coverage of Bank of Ningbo, 2007-2009
Lending Rates of Bank of Ningbo, 2010
Adjustments in Deposit Reserve Rate in China, 2008-2009
Excess Reserves of Bank of Ningbo, 2007-2009
Feature Products of Bank of Ningbo
Plan of Bank of Ningbo on Establishing Branches
Loan Business of Bank of Ningbo, 2009
Cost-income Ratio of Bank of Ningbo, 2004-2009
