On March 27, Industrial Bank Co., Ltd. held its 2025 performance briefing. Chairman Lv Jiajin stated that last year the bank implemented a risk management reform, focusing on strengthening comprehensive risk management, clarifying the responsibilities of the three lines of defense, establishing a research and empowerment mechanism for approval officers, and promoting deep integration of risk management and business operations. Concurrently, the bank further enhanced its compliance and internal control mechanisms, as well as a system where bank leadership oversees and guides risks in key areas. Lv Jiajin reported that the bank's non-performing asset formation amount decreased by 6.82% year-on-year last year. Specifically, newly emerged non-performing loans in corporate real estate dropped 42% year-on-year for the full year, newly emerged non-performing loans related to local government financing platforms fell 31% year-on-year, and newly emerged credit card non-performing loans declined 13% year-on-year, indicating a clear mitigation of risks in these key sectors.
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