[teaserteam]

For those who are financially inclined and wanted to understand what happened from the bank's financial statement;  there is plenty of financial analysis using the bank's balance sheet. 

This guy said Nanjing bank has been loaded with debts from the local government and now survives on borrowed money from the Central bank.  Very little income from the depositors.  He claimed the bank is in trouble if there is no monetary support from the Central Bank.    This is evidenced by the hefty increase in the borrowing cost incurred in the last 2 years as shown in the balance sheets.

My guess is the Central Bank will not let this Nanjing bank get into trouble.  but the borrowed money would keep growing at an even faster rate.

No wonder NPL rate is even lower than Singapore and HK banks.  They can’t treat local government debt as bad loans right?