Won't.

According to the official website of Quanzhou Bank, Quanzhou Bank will not explode. On February 3, 2023, the 017th interbank deposit certificate of Quanzhou Bank Co., Ltd. was announced. The starting date of this bond issuance is February 6, 2023.

The issuance period is one year, the issuance amount is 300 million yuan, and the yield is 2.81%.

In terms of asset quality, in March 2023, Quanzhou Bank's non-performing loan ratio was 1.69%, and the provision coverage ratio was 139.17%. As the asset quality of Quanzhou Bank's loans and non-standard businesses came under pressure,

The bank's provisioning pressure has increased, which may further affect the bank's profitability.