Lates News

China Merchants Bank's net profit for the whole year was 150.18 billion RMB, slightly higher than the estimated 149.43 billion RMB. The net interest income for the whole year was 215.59 billion RMB, also slightly higher than the estimated 215.28 billion RMB. The non-performing loan ratio for the whole year was 0.94%, slightly higher than the estimated 0.9%. The provision coverage ratio for the whole year was 391.8%, slightly lower than the estimated 397.6%. The net interest margin for the whole year was 1.87%, slightly higher than the estimated 1.86%. The total amount of non-performing loans for the whole year was 68.21 billion RMB, slightly higher than the estimated 67.96 billion RMB.