BoCom Posts Unexpected 4Q Profit

The transcript discusses the surprising profit of China's fifth-largest lender, BoCom, despite the general outlook of struggles for banks. Analysts expected a 6% drop in profit, but BoCom reported an increase due to higher income from fees and interest. However, the rise in non-performing loans remains a concern, with the bank's bad loan coverage ratio declining to just above the regulatory minimum.

What was the general expectation for Bo Com's profit before the actual results were announced?

• An increase of 12%

• A decrease of 12%

• A decrease of 6%

• An increase of 6%

Which two types of income contributed to Bo Com's profit increase?

• Net interest income and fee-based income

• Loan interest income and investment income

• Trading income and dividend income

• Rental income and capital gains

By what percentage did Bo Com's net interest income rise?

• 10%

• 12%

• 18%

• 15%

What was the amount of Bo Com's non-performing loans by the end of the period discussed?

• $7.4 billion

• $8.6 billion

• $9.8 billion

• $6.2 billion

What was the regulatory minimum for the bad loan coverage ratio, and what did Bo Com's ratio drop to?

• Minimum 150%, dropped to 156%

• Minimum 160%, dropped to 166%

• Minimum 170%, dropped to 176%

• Minimum 180%, dropped to 186%