To stabilize the property market, Chinese banks emphasize that domestic property risks are controllable

Liu Jiandong said that the Bank of China increased its risk investigation efforts last year, optimized various control measures, and also vigorously collected non-performing assets. Taking the mainland real estate industry as an example, Liu Jiandong pointed out that Bank of China’s NPLs at the end of 2023 recorded “double...

Domestic banks have significant effects on stabilizing the property market

According to Liu Jiandong, the Bank of China has actively responded to risks in the past year and adopted a series of effective measures to effectively control risks in the real estate market. These measures include not only intensifying risk investigation, but also optimizing various control measures and collecting non-performing assets.

Bank of China has confidence in mainland real estate risks

Liu Jiandong further pointed out that Bank of China is confident in the control of domestic real estate risks and believes that this risk is controllable. He emphasized the Bank of China's non-performing assets situation at the end of 2023, showing the bank's positive attitude in risk management.

future outlook

As the Bank of China continues to strengthen risk management, the mainland real estate market will be more stable in the future. Liu Jiandong said that Bank of China will continue to optimize various measures to ensure that risks are effectively controlled and provide support for the healthy development of the real estate market.

in conclusion

Overall, Bank of China has achieved remarkable results in stabilizing the property market and is confident about the future. Through continuous efforts and the implementation of effective measures, Bank of China will continue to make positive contributions to the development of the mainland real estate market.