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Posted 1 year ago

Bank of China (Hong Kong) remains the strongest bank in Asia Pacific on the back of robust asset quality and capital position Read the full article here: https://bit.ly/3VRWDLj Asia Pacific banking sector delivered better-than-expected profitability and reduced NPLs in FY2021.The strongest banks in China, Hong Kong, Japan, Macau, Malaysia and Singapore ranked among the top 10 strongest banks in the region ● The expected rise in NPLs did not materialise in FY2021, largely due to the implementation of various measures and the strengthened risk management ● Average ROA of Asia Pacific banks improved slightly to 0.72%, as pre-provision operating profit of banks grew and loan loss provisions reduced ● Banks in Australia, Hong Kong, Indonesia, Malaysia and Thailand maintained a CAR of over 18% Subscribe to access TABInsights premium content: https://lnkd.in/da74gskm Wendy Weng Meng Jiao, TAB Global Hong Leong Financial Group (Hong Leong Bank), Bank of Communications Co.,Ltd. (Hong Kong), OCBC Bank, DBS Bank, HSBC, Public Bank, Industrial and Commercial Bank of China Limited (ICBC), MUFG (三菱UFJ銀行) #strongestbanks #ROA #profit #growth #liquidity #NPL, #China, #HongKong, #Japan, #Macau, #Malaysia

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