03-07-2022, 09:31 PM
(03-07-2022, 06:20 PM)revealer Wrote: Yes, according to the financial statement (can find here https://www.njcb.com.cn/njcb/gywx/_30091...index.html), the guy analysed that many debts and borrowings which can affect the financial position of the bank has not included in the balance sheet. Some of these debts/borrowings have ballooned over the last 4 years. If these were converted to bad debts etc and has been accounted for, the bank will be in deep trouble.
(For ease of understand, the important figures were circled)
https://twitter.com/caijingxiang/status/...6174993409
Here is skyjuice's new acticle on the topic. He confirms that the off-balance sheet items could bankrupt the bank if the credited committed amounts are included on the balance sheet
![[Image: AVv-Xs-Ejs3-Wr4zk3-Rkz-Vj5jwi8r-Hihw-P1e...-Vdj-Y.png]](https://i.ibb.co/qng2Zxr/AVv-Xs-Ejs3-Wr4zk3-Rkz-Vj5jwi8r-Hihw-P1e-WGm-NV2x0-h3-Mk-OD-pir-DZ05-Twov-P2-Az9pcy8m-P5c1-Ztr-Vdj-Y.png)
https://skyjuiceiswater.blogspot.com/202...gn-of.html