Concern loans grew from 1% of assets to 2.13%, due to rising assets this was a 152% net increase.
NPLs actually declined slightly. Some other bad debt ratios were up sharply, but off of very low bases, such as losses up 82%, with the ratio up from 0.12% to 0.18%.
Below is the year-end report in Chinese. There is no English version yet.
平安银行股份有限公司 2013 年年度报告
How Many Interest Rate Cuts Will the Fed Do Before the Election?
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A friend of mine asked that question a few days ago. Let's go over the
possibilities and the market expectations.
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