Deputy President of Bank of China: The new non-performing loan ratio for personal business loans and consumer loans in the first half of the year has increased compared to the same period last year.

On August 29, Wu Jian, Deputy Head of the Bank of China, stated at the bank's 2025 mid-term performance release meeting that currently, the main risk management pressure of the Bank of China is focused on real estate, personal loans, and overseas business. Specifically, Wu Jian stated that the real estate industry is still the largest industry for new non-performing loans domestically, but the actual year-on-year growth has shown a downward trend. With policies on both the supply and demand side of the real estate market moving in the same direction, it is expected that the real estate market will gradually stabilize after bottoming out. In the first half of this year, the non-performing loan ratios for personal business loans and consumer loans have increased compared to the same period last year, and it is expected that asset quality will continue to be under pressure for some time. Regarding overseas business, although the year-on-year growth in new non-performing loans in the first half of this year has shown a downward trend, external uncertainties have not yet diminished.