NPL ratio of the ICBC 2013-2022
In 2022, the non-performing loan ratio of the Industrial and Commercial Bank of China (ICBC) reached 1.55 percent. A loan becomes non-performing when repayment is delayed or the borrower is unlikely to repay it. The NPL ratio is calculated by dividing the value of non-performing loans by the total value of loans and advances to customers. It is a measure of the quality of a bank's assets.