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At the end of last year, the nonperforming loan ratio of the bank dropped by 3 basis points year-on-year to 1.42 percent. The coverage ratio of allowance for loan impairment losses to NPLs was 181.97 percent, up by 22.79 percentage points from the prior year-end, according to its 2018 annual report.
At the board meeting on Monday, it was also discussed whether Nissan needs to impose disciplinary measures on Saikawa and other executives, sources close to the matter said.
At present, the bank has carried out more than 1,800 projects under the initiative with outstanding loans worth of over 1 trillion yuan (9.17 billion). Under the projects, the bank has strictly complied with green finance standards and received supervisions from local and international environmental protection bodies, it said.
At the anniversary event, Zhang Wenxian, member of the Party committee of the China Law Society and director of the academic committee, pointed to the role of the university's law school in the upgrading, innovation and integration of traditional and emerging fields and disciplines toward the country's development in the new era.
At the 2017 Fortune Global Forum, Jack Ma said he really took a rosy view of the development of cutting-edge technologies such as AI, adding he is willing to use the new technology to empower Alibaba and its clients.
来源：资阳报