On May 15, Bank of Ningbo Co.,Ltd. held its 2025 online annual performance briefing. In response to a question regarding the decrease in its provision coverage ratio, the company's Board Secretary, Yu Gang, stated that as of the end of 2025, the bank's provision coverage ratio stood at 373.16%, which remains at a relatively high level within the industry. He noted that the decline in the provision coverage ratio is generally in line with broader industry trends.
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