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BOC: Risk Mgmt Pressure Lies in Real Estate, Personal Loans, Overseas Biz
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Wu Jian, Vice President of BANK OF CHINA (03988.HK)(601988.SH), stated at the 2025 interim results conference that risk management pressure lies in the real estate industry, personal loans, and overseas business at the moment, Chinese news broke. In terms of domestic corporate business, real estate risks are still being gradually relieved, clearing excess supply or demand. Wu mentioned that the real estate industry remains the largest source of new non-performing assets domestically, but the actual new additions have shown a downtrend YoY. Given policies supporting both supply and demand sides of real estate, the market is expected to gradually stabilize. Regarding personal business, Wu pointed out that the non-performing ratio of new personal business loans and consumer loans increased YoY in the first half of the year, and asset quality is expected to remain under pressure for some time. BANK OF CHINA has implemented a series of measures to strengthen forward-looking risk management and post-loan management. For overseas business, the new non-performing loans decreased YoY in the first half, but the uncertainty in the external environment has not diminished in the second half. The bank will further strengthen risk assessment and response in key areas and regions, amplify differentiated support for high-quality clients, and promote higher-quality development of overseas business. AASTOCKS Financial News Website: www.aastocks.com |
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