As of the second quarter of 2020, the loan loss provision coverage rate of commercial banks stood at 3.54 percent. The loan provision rate of commercial banks kept increasing since 2013. The rate protected the bank from potential future losses and was calculated by dividing the pretax income and loss provision by net charge-offs.
Loan loss provision coverage rate of commercial banks in China from 2013 to 2020
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KPMG. (November 2, 2020). Loan loss provision coverage rate of commercial banks in China from 2013 to 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1049497/china-loan-provision-rate-of-commercial-banks/
KPMG. "Loan loss provision coverage rate of commercial banks in China from 2013 to 2020." Chart. November 2, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1049497/china-loan-provision-rate-of-commercial-banks/
KPMG. (2020). Loan loss provision coverage rate of commercial banks in China from 2013 to 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1049497/china-loan-provision-rate-of-commercial-banks/
KPMG. "Loan Loss Provision Coverage Rate of Commercial Banks in China from 2013 to 2020." Statista, Statista Inc., 2 Nov 2020, https://www.statista.com/statistics/1049497/china-loan-provision-rate-of-commercial-banks/
KPMG, Loan loss provision coverage rate of commercial banks in China from 2013 to 2020 Statista, https://www.statista.com/statistics/1049497/china-loan-provision-rate-of-commercial-banks/ (last visited November 21, 2024)
Loan loss provision coverage rate of commercial banks in China from 2013 to 2020 [Graph], KPMG, November 2, 2020. [Online]. Available: https://www.statista.com/statistics/1049497/china-loan-provision-rate-of-commercial-banks/