Hangzhou City Commercial Bank Feb 06
- ID: 2054457
- February 2006
- Standard & Poors
Hangzhou City Commercial Bank (HCCB) is not rated by Standard & Poor's Ratings Services. This analysis is a general credit comment based on publicly available information. It is published here as part of a review of China's banking sector. The financial profile of HCCB compares favorably with its peers'. It is characterized by a low NPA ratio, sound profitability, and adequate liquidity. However, rapid expansion of credit assets has continued to put pressure on the bank's capitalization, and over-concentration in its loan portfolio raises concern about the bank's risk profile. HCCB was established in 1996. It is based in Hangzhou, the capital of Zhejiang, a coastal province in eastern China experiencing the highest levels of economic development in the country....
Companies mentioned in this report are:
- Bank of Hangzhou Co. Ltd.
- Commonwealth Bank of Australia
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