---
title: "The Chief Risk Officer of INDUSTRIAL BANK: This year, new non-performing loans in real estate will see some contraction, and there is significant uncertainty facing retail credit"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233570435.md"
description: "The Chief Risk Officer of INDUSTRIAL BANK, Lai Furong, stated at the bank's 2024 performance briefing that the scale of newly incurred non-performing assets is expected to decrease compared to last year. In terms of newly incurred non-performing loans, risks from local government bonds and credit cards will continue to converge; newly incurred non-performing loans in real estate will also converge, but individual projects may face significant risks; there is considerable uncertainty in retail credit. Lai Furong expressed that, overall, the asset quality indicators of INDUSTRIAL BANK will remain within a reasonable risk control range, and the bank is confident in continuing to outperform the overall trend in terms of risk and control"
datetime: "2025-03-28T05:53:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233570435.md)
  - [en](https://longbridge.com/en/news/233570435.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233570435.md)
---

# The Chief Risk Officer of INDUSTRIAL BANK: This year, new non-performing loans in real estate will see some contraction, and there is significant uncertainty facing retail credit

On March 28th, Jinshi Data reported that Lai Furong, Chief Risk Officer of INDUSTRIAL BANK, stated at the bank's 2024 performance briefing that the scale of newly incurred non-performing assets is expected to decrease compared to last year. In terms of newly incurred non-performing loans, risks from local government bonds and credit cards will continue to converge; newly incurred non-performing assets in real estate will also converge, but individual projects may face significant risks; retail credit faces considerable uncertainty. Lai Furong stated that overall, the asset quality indicators of INDUSTRIAL BANK will remain within a reasonable risk control range, and the bank is confident in continuing to outperform the overall trend in terms of risk and control

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