Requirements for provision rate provision of guarantee companies

Hello, do you want to ask the guarantee company what the provision rate provision requirements are? By inquiring relevant information, the regulatory index of provision coverage ratio of guarantee companies is usually between 120%- 150%. Provision coverage ratio, also known as provision adequacy ratio, specifically refers to the proportion of funds prepared by commercial banks for bad debts or bad debts that may occur in the process of loan business. The provision coverage ratio is an index to measure the ability of commercial banks to resist risks, which is closely related to the provision coverage ratio of non-performing loans. The regulatory index of NPL provision coverage ratio in China is 1.5%-2.5%. Specific attention can be paid to official website to obtain first-hand authoritative information.