Equipment coverage rate of China Merchants Bank
450.79 percent. According to official website of China Merchants Bank, according to the 2022 annual performance report disclosed by China Merchants Bank on March 24, 2023, the provision coverage ratio of China Merchants Bank was 450.79%, down 33.08 percentage points from the end of last year. The calculation method of provision coverage ratio is to divide the bank's loan loss reserve by the balance of non-performing loans.