Bank Of Ningbo Co Ltd Class A
002142: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $t | LOCK|b>k | LOCK|?<?$p>C |
BONB Achieved Robust Corporate Loan Growth Despite Weakening System Credit Demand
Business Strategy and Outlook
Bank of Ningbo, or BONB, boasts some of the best profitability metrics among peers and above-peers growth over the past decade, due to a differentiated business strategy and extensive branch network in the most affluent areas in China.
